China Natural Gas (China Natural Gas) Interest Expense : $-0.8 Mil (TTM As of Sep. 2013)

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What is China Natural Gas Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. China Natural Gas's interest expense for the three months ended in Sep. 2013 was $ -0.2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2013 was $-0.8 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 Natural Gas's Operating Income for the three months ended in Sep. 2013 was $ 1.4 Mil. China Natural Gas's Interest Expense for the three months ended in Sep. 2013 was $ -0.2 Mil. China Natural Gas's Interest Coverage for the quarter that ended in Sep. 2013 was 7.99. 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 Natural Gas Interest Expense Historical Data

The historical data trend for China Natural Gas'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 Natural Gas Interest Expense Chart

China Natural Gas Annual Data

Trend

Jul03

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Dec12

Interest Expense

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-2.23

-0.75

-0.77

-1.25

China Natural Gas Quarterly Data
	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13
Interest Expense	Get a 7-Day Free Trial															-0.28	-0.26	-0.19	-0.17	-0.17

China Natural Gas 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. 2013 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.8 Mil.

China Natural Gas (OTCPK:CHNGQ) 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 Natural Gas's Interest Expense for the three months ended in Sep. 2013 was $-0.2 Mil. Its Operating Income for the three months ended in Sep. 2013 was $1.4 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2013 was $3.3 Mil.

China Natural Gas's Interest Coverage for the quarter that ended in Sep. 2013 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2013 )	/	Interest Expense (Q: Sep. 2013 )
	=	-1	*	1.382	/	-0.173
	=	7.99

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

China Natural Gas (China Natural Gas) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » China Natural Gas Inc (OTCPK:CHNGQ) » Definitions » Interest Expense

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Address

35 Tang Yan Road, 19th Floor Building B, Van Metropolis, Hi-Tech Zone, Shaanxi Province, Xian, CHN, 710065

Website

http://www.naturalgaschina.com

China Natural Gas Inc through its subsidiaries engages in sales & distribution of natural gas and gasoline to commercial, industrial & residential customers, construction of pipeline networks, installation of natural gas fittings & parts for end-users.

Executives

Frank Waung	director	72 GREAT HILLS RD., SHORT HILLS NJ 07078
Lawrence W. Leighton	director	TANG XING SHU MA BUILDING, SUITE 418, TANG XING ROAD, XIAN, SHAANXI PROVINCE F4 710065
Xiaogang Zhu	officer: Chief Financial Officer	SUITE 909, TOWER B, CHANG AN INTL BLDG, NO. 88 NAN GUAN ZHEN XIE, XI AN CITY, SHAN XI PROVINCE F4 710068

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