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Risen Energy Co (SZSE:300118) Interest Expense : ¥-458 Mil (TTM As of Mar. 2024)


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What is Risen Energy Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Risen Energy Co's interest expense for the three months ended in Mar. 2024 was ¥ -135 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-458 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. Risen Energy Co's Operating Income for the three months ended in Mar. 2024 was ¥ -69 Mil. Risen Energy Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -135 Mil. Risen Energy 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.


Risen Energy Co Interest Expense Historical Data

The historical data trend for Risen Energy 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.

Risen Energy Co Interest Expense Chart

Risen Energy Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -257.77 -361.86 -399.38 -364.83 -415.96

Risen Energy Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -93.55 -67.36 -85.26 -169.79 -135.23

Risen Energy 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-458 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.


Risen Energy Co  (SZSE:300118) 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.

Risen Energy Co's Interest Expense for the three months ended in Mar. 2024 was ¥-135 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥-69 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥6,078 Mil.

Risen Energy Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Risen Energy 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.


Risen Energy Co (SZSE:300118) Business Description

Traded in Other Exchanges
N/A
Address
Shaojia,Xidian, Ninghai County, Ningbo City, Zhejiang Province, CHN, 315613
Risen Energy Co Ltd is a hi-tech enterprise. It is engaged in production, sales and service of solar modules, products of photovoltaic technology, solar terminal application, and integration. Risen Energy also provides human-oriented, ordered training and promotion mechanism.

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