China Everbright Environment Group (China Everbright Environment Group) Interest Expense : $-448 Mil (TTM As of Dec. 2023)

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What is China Everbright Environment Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. China Everbright Environment Group's interest expense for the six months ended in Dec. 2023 was $ -226 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-448 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 Everbright Environment Group's Operating Income for the six months ended in Dec. 2023 was $ 692 Mil. China Everbright Environment Group's Interest Expense for the six months ended in Dec. 2023 was $ -226 Mil. China Everbright Environment Group's Interest Coverage for the quarter that ended in Dec. 2023 was 3.07. 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 Everbright Environment Group Interest Expense Historical Data

The historical data trend for China Everbright Environment Group'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 Everbright Environment Group Interest Expense Chart

China Everbright Environment Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-231.92

-291.61

-371.41

-440.91

-448.44

China Everbright Environment Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial															-199.62	-214.64	-224.54	-222.04	-225.74

China Everbright Environment Group 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 $-448 Mil.

China Everbright Environment Group (OTCPK:CHFFY) 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 Everbright Environment Group's Interest Expense for the six months ended in Dec. 2023 was $-226 Mil. Its Operating Income for the six months ended in Dec. 2023 was $692 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was $9,156 Mil.

China Everbright Environment Group'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	*	691.934	/	-225.743
	=	3.07

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

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. China Everbright Environment Group Ltd interest coverage is 3.31, which is low.

China Everbright Environment Group (China Everbright Environment Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » China Everbright Environment Group Ltd (OTCPK:CHFFY) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

CHFFF:USA 00257:Hong Kong CNE:Germany

Address

16 Harcourt Road, Room 2703, 27th Floor, Far East Finance Centre, Hong Kong, HKG

Website

https://www.cebenvironment.com

China Everbright Environment Group Ltd is engaged in construction, environmental energy project operation, Greentech project operation, environmental water project operation, the conduct of environmental protection technology research and development, provision of environmental-related technological services, design of environmental protection projects, provision of environmental protection project equipment construction and installation services and sales of related equipment, provision of waste sorting, renewable resources utilization, sanitation operation services, sales of energy-saving streetlights. Its segments are Environmental energy project construction and operation, Greentech project construction and operation, Environmental water project construction and operation, and Others.

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