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China Lumena New Materials (China Lumena New Materials) Interest Expense : $-26.24 Mil (TTM As of Jun. 2021)


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What is China Lumena New Materials Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. China Lumena New Materials's interest expense for the six months ended in Jun. 2021 was $ -13.79 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2021 was $-26.24 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 Lumena New Materials's Operating Income for the six months ended in Jun. 2021 was $ -0.51 Mil. China Lumena New Materials's Interest Expense for the six months ended in Jun. 2021 was $ -13.79 Mil. China Lumena New Materials did not have earnings to cover the interest expense. 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 Lumena New Materials Interest Expense Historical Data

The historical data trend for China Lumena New Materials'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 Lumena New Materials Interest Expense Chart

China Lumena New Materials Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -27.65 -27.09 -27.40 -27.30 -27.28

China Lumena New Materials Semi-Annual Data
Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21
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 -13.66 -13.87 -13.70 -12.45 -13.79

China Lumena New Materials 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. 2021 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-26.24 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 Lumena New Materials  (OTCPK:CHLUY) 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 Lumena New Materials's Interest Expense for the six months ended in Jun. 2021 was $-13.79 Mil. Its Operating Income for the six months ended in Jun. 2021 was $-0.51 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2021 was $580.22 Mil.

China Lumena New Materials's Interest Coverage for the quarter that ended in Jun. 2021 is calculated as

China Lumena New Materials did not have earnings to cover the interest expense.

* 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 Lumena New Materials (China Lumena New Materials) Business Description

Traded in Other Exchanges
N/A
Address
22nd Floor, Prince’s Building, Central, Hong Kong, HKG
China Lumena New Materials Corp and its subsidiaries are engaged in the manufacturing and selling of polyphenylene sulfide products including PPS resin, PPS fiber, and PPS compounds. It is also engaged in processing and selling powder thenardite, specialty thenardite and medical thenardite.

China Lumena New Materials (China Lumena New Materials) Headlines

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