China Feihe (China Feihe) Interest Expense : $-7 Mil (TTM As of Dec. 2023)

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What is China Feihe Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. China Feihe's interest expense for the six months ended in Dec. 2023 was $ -4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-7 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. China Feihe's Operating Income for the six months ended in Dec. 2023 was $ 348 Mil. China Feihe's Interest Expense for the six months ended in Dec. 2023 was $ -4 Mil. China Feihe's Interest Coverage for the quarter that ended in Dec. 2023 was 96.38. 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.

China Feihe Interest Expense Historical Data

The historical data trend for China Feihe'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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China Feihe Interest Expense Chart

China Feihe Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-10.36

-7.67

-4.58

-4.83

-7.44

China Feihe Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial									-2.29	-1.80	-3.10	-3.82	-3.61

China Feihe 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 semi-annually data reported by the company within the most recent 12 months, which was $-7 Mil.

China Feihe (OTCPK:CFEIY) 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.

China Feihe's Interest Expense for the six months ended in Dec. 2023 was $-4 Mil. Its Operating Income for the six months ended in Dec. 2023 was $348 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was $146 Mil.

China Feihe'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	*	348.012	/	-3.611
	=	96.38

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. China Feihe Ltd has enough cash to cover all of its debt. Its financial situation is stable.

China Feihe (China Feihe) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » China Feihe Ltd (OTCPK:CFEIY) » Definitions » Interest Expense

Traded in Other Exchanges

CHFLF:USA 06186:Hong Kong

Address

10 Jiuxianqiao Road, Block C, 16th Floor, Star City International Building, Chaoyang District, Beijing, CHN, 100016

Website

https://www.feihe.com

Feihe is the number one infant milk formula company in China, with a premium market positioning among domestic and foreign competing brands. The company utilizes the flagship Astrobaby lineup to promote its "more suitable for Chinese babies" proposition. It has a nationwide distributor network covering maternity stores, supermarkets and traditional retailers, as well as a direct sales network in e-commerce.

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