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CHAEF (China Aerospace International Holdings) Interest Expense : $-7.0 Mil (TTM As of Jun. 2024)


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What is China Aerospace International Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. China Aerospace International Holdings's interest expense for the six months ended in Jun. 2024 was $ -3.4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was $-7.0 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 Aerospace International Holdings's Operating Income for the six months ended in Jun. 2024 was $ 9.3 Mil. China Aerospace International Holdings's Interest Expense for the six months ended in Jun. 2024 was $ -3.4 Mil. China Aerospace International Holdings's Interest Coverage for the quarter that ended in Jun. 2024 was 2.75. 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 Aerospace International Holdings Interest Expense Historical Data

The historical data trend for China Aerospace International Holdings'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.

China Aerospace International Holdings Interest Expense Chart

China Aerospace International Holdings 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 -9.58 -9.31 -9.87 -9.79 -7.79

China Aerospace International Holdings Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 -4.93 -4.83 -4.21 -3.57 -3.40

China Aerospace International Holdings 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-7.0 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.

China Aerospace International Holdings  (OTCPK:CHAEF) 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.

China Aerospace International Holdings's Interest Expense for the six months ended in Jun. 2024 was $-3.4 Mil. Its Operating Income for the six months ended in Jun. 2024 was $9.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was $179.6 Mil.

China Aerospace International Holdings's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2024 )/Interest Expense (Q: Jun. 2024 )
=-1*9.334/-3.395
=2.75

* 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.

China Aerospace International Holdings Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » China Aerospace International Holdings Ltd (OTCPK:CHAEF) » Definitions » Interest Expense
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HKSE:00698 HKSE:00580 HKSE:01725 HKSE:00040 HKSE:02551 HKSE:00334 HKSE:00532 HKSE:01480 HKSE:00833 HKSE:01305 APH TPE:2317 TEL GLW SZSE:002475 TPE:2308 TSE:6981 TSE:6762 SZSE:000725 FLEX
Traded in Other Exchanges
00031:Hong Kong CIOC:Germany
Address
18 Tak Fung Street, Hung Hom, Room 1103-1107A, One Harbourfront, Kowloon, Hong Kong, HKG
Website
http://www.casil-group.com
China Aerospace International Holdings Ltd is an investment holding company engaged in the research and development, design, professional production, sales, and services of the hi-tech manufacturing business such as plastic products, electronic products, power products, and semiconductor products, it is also engaged in the segment like Aerospace Service Property investment.

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