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Bengang Steel Plates Co (SZSE:000761) Interest Expense : ¥-518 Mil (TTM As of Sep. 2023)


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What is Bengang Steel Plates Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Bengang Steel Plates Co's interest expense for the three months ended in Sep. 2023 was ¥ -139 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was ¥-518 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Bengang Steel Plates Co's Operating Income for the three months ended in Sep. 2023 was ¥ -258 Mil. Bengang Steel Plates Co's Interest Expense for the three months ended in Sep. 2023 was ¥ -139 Mil. Bengang Steel Plates Co did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Bengang Steel Plates Co Interest Expense Historical Data

The historical data trend for Bengang Steel Plates Co's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Bengang Steel Plates Co Interest Expense Chart

Bengang Steel Plates Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,278.51 -948.80 -1,028.86 -1,007.60 -599.36

Bengang Steel Plates Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -111.63 -145.05 -124.68 -109.74 -138.58

Bengang Steel Plates Co Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-518 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Bengang Steel Plates Co  (SZSE:000761) Interest Expense Explanation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Bengang Steel Plates Co's Interest Expense for the three months ended in Sep. 2023 was ¥-139 Mil. Its Operating Income for the three months ended in Sep. 2023 was ¥-258 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was ¥8,494 Mil.

Bengang Steel Plates Co's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Bengang Steel Plates Co did not have earnings to cover the interest expense.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's financial strength is.


Bengang Steel Plates Co (SZSE:000761) Business Description

Traded in Other Exchanges
Address
No.16, Renmin Road, Pingshan District, Liaoning Province, Benxi, CHN, 117000
Bengang Steel Plates Co Ltd is an iron and steel smelting company. Its products are applied in automobiles, household appliances, petrochemical engineering, machine manufacturing, energy transportation, architectural decoration, metal parts, and various other industries and are exported to more than 60 countries and regions.

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