Weichai Power Co (WBO:WI4) Interest Expense : €-434 Mil (TTM As of Dec. 2023)

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What is Weichai Power Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Weichai Power Co's interest expense for the three months ended in Dec. 2023 was € -148 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-434 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. Weichai Power Co's Operating Income for the three months ended in Dec. 2023 was € 587 Mil. Weichai Power Co's Interest Expense for the three months ended in Dec. 2023 was € -148 Mil. Weichai Power Co's Interest Coverage for the quarter that ended in Dec. 2023 was 3.96. 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.

Weichai Power Co Interest Expense Historical Data

The historical data trend for Weichai Power 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.

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Weichai Power Co Interest Expense Chart

Weichai Power Co Annual Data

Trend

Dec14

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Dec20

Dec21

Dec22

Dec23

Interest Expense

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-158.27

-143.18

-149.74

-189.74

-430.93

Weichai Power Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-66.85	-58.35	-115.95	-112.02	-148.06

Weichai Power 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €-434 Mil.

Weichai Power Co (WBO:WI4) 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.

Weichai Power Co's Interest Expense for the three months ended in Dec. 2023 was €-148 Mil. Its Operating Income for the three months ended in Dec. 2023 was €587 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was €3,992 Mil.

Weichai Power Co's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	586.888	/	-148.06
	=	3.96

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

Weichai Power Co (WBO:WI4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Weichai Power Co Ltd (WBO:WI4) » Definitions » Interest Expense

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Traded in Other Exchanges

WEICF:USA 02338:Hong Kong WI4:Germany WI4:Germany WI4:Germany 000338:China

Address

197, Section A, Fu Shou East Street, High Technology Industrial Development Zone, Shandong Province, Weifang, CHN, 261061

Website

https://www.weichaipower.com

Weichai Power Co Ltd is an industrial technology company that offers vehicles, equipment, and logistics and supply chain services in China. The operating segments of the company are 1) Engines segment includes the manufacturing and sale of engines and related parts; 2) Automobiles and automobile components include the manufacturing and sale of automobiles and automobile components other than Engines; 3) Agricultural equipment includes the manufacturing and sale of agricultural equipment (complete machineries), agricultural machineries, agricultural vehicles and related parts; 4) Intelligent logistics includes forklift trucks production, warehousing technology and supply chain solution services.

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