China Chemical (China Chemical) Interest Expense : $-3.7 Mil (TTM As of Sep. 2011)

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What is China Chemical Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. China Chemical's interest expense for the three months ended in Sep. 2011 was $ -0.8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2011 was $-3.7 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 Chemical's Operating Income for the three months ended in Sep. 2011 was $ 6.1 Mil. China Chemical's Interest Expense for the three months ended in Sep. 2011 was $ -0.8 Mil. China Chemical's Interest Coverage for the quarter that ended in Sep. 2011 was 8.07. 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 Chemical Interest Expense Historical Data

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

China Chemical Annual Data

Trend

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Interest Expense

China Chemical Quarterly Data
	Aug08	Nov08	Feb09	May09	Aug09	Nov09	Feb10	May10	Aug10	Dec10	Mar11	Jun11	Sep11
Interest Expense	Get a 7-Day Free Trial								-	-1.05	-0.98	-0.89	-0.76

China Chemical 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. 2011 adds up the quarterly data reported by the company within the most recent 12 months, which was $-3.7 Mil.

China Chemical (OTCPK:CHCC) 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 Chemical's Interest Expense for the three months ended in Sep. 2011 was $-0.8 Mil. Its Operating Income for the three months ended in Sep. 2011 was $6.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2011 was $17.7 Mil.

China Chemical's Interest Coverage for the quarter that ended in Sep. 2011 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2011 )	/	Interest Expense (Q: Sep. 2011 )
	=	-1	*	6.116	/	-0.758
	=	8.07

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

China Chemical (China Chemical) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » China Chemical Corp (OTCPK:CHCC) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

1 Electric Power Plant Road, Zhou Cun District, Zibo, CHN, 255330

Website

http://www.chinachemicalcorp.com

China Chemical Corp is manufacturer of organic chemical compounds and other high-value fine chemicals.

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