Wuliangye Yibin Co (SZSE:000858) Interest Expense : ¥-40 Mil (TTM As of Sep. 2023)

View and export this data going back to 1998. Start your Free Trial

What is Wuliangye Yibin Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Wuliangye Yibin Co's interest expense for the three months ended in Sep. 2023 was ¥ 1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was ¥-40 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. Wuliangye Yibin Co's Operating Income for the three months ended in Sep. 2023 was ¥ 7,404 Mil. Wuliangye Yibin Co's Interest Expense for the three months ended in Sep. 2023 was ¥ 1 Mil. Wuliangye Yibin 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.

Wuliangye Yibin Co Interest Expense Historical Data

The historical data trend for Wuliangye Yibin 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.

Wuliangye Yibin Co Interest Expense Chart

Wuliangye Yibin Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Interest Expense

Get a 7-Day Free Trial

-5.96

-36.38

-69.13

-48.00

Wuliangye Yibin 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															13.92	-31.48	-3.29	-5.65	0.67

Wuliangye Yibin 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 ¥-40 Mil.

Wuliangye Yibin Co (SZSE:000858) Interest Expense Explanation

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

Wuliangye Yibin Co's Interest Expense for the three months ended in Sep. 2023 was ¥1 Mil. Its Operating Income for the three months ended in Sep. 2023 was ¥7,404 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was ¥6 Mil.

Wuliangye Yibin Co's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

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

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Wuliangye Yibin Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

Wuliangye Yibin Co (SZSE:000858) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Wuliangye Yibin Co Ltd (SZSE:000858) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.150, Minjiang West Road, Cuiping District, Sichuan Province, Yibin, CHN, 644007

Website

http://www.wuliangye.com.cn

Wuliangye Yibin is China's second-largest baijiu producer by revenue, with sales of CNY 74 billion in 2022 compared with CNY 124 billion for Moutai. Founded in the 1950s, Wuliangye is located in Yibin, Sichuan province, in southwest China. Its core product, 52-degree Wuliangye, is widely known as the best rice-flavored baijiu in the market. The high-quality products, extensive history and brand strength have led to strong pricing power, allowing the company to enjoy high retail prices and profit margins.

Wuliangye Yibin Co (SZSE:000858) Headlines

No Headlines