EGRNF (China Evergrande Group) Interest Expense: $-1,845 Mil (TTM As of Jun. 2023)


EGRNF China Evergrande Group EGRNF
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What is China Evergrande Group Interest Expense?

China Evergrande Group EGRNF 12 Interest Expense is $-1,845 Mil as of Jun. 2023. GuruFocus rates EGRNF with a GF Score™ of 12/100.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. China Evergrande Group's interest expense for the six months ended in Jun. 2023 was $ -1,881 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was $-1,845 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 Evergrande Group's Operating Income for the six months ended in Jun. 2023 was $ 100 Mil. China Evergrande Group's Interest Expense for the six months ended in Jun. 2023 was $ -1,881 Mil. China Evergrande Group's Interest Coverage for the quarter that ended in Jun. 2023 was 0.05. 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 Evergrande Group  (OTCPK:EGRNF) 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 Evergrande Group's Interest Expense for the six months ended in Jun. 2023 was $-1,881 Mil. Its Operating Income for the six months ended in Jun. 2023 was $100 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2023 was $6,048 Mil.

China Evergrande Group's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2023 )/Interest Expense (Q: Jun. 2023 )
=-1*99.98/-1881.476
=0.05

* 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 Evergrande Group Interest Expense Historical Data

* Premium members only.

The historical data trend for China Evergrande 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.

China Evergrande Group Interest Expense Chart

China Evergrande Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,161.00 -2,497.40 -1,874.82 -7,084.30 -4,901.82

China Evergrande Group Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 -918.29 -6,157.98 -5,141.74 36.00 -1,881.48
EGRNF
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China Evergrande Group EGRNF
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China Evergrande 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 Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-1,845 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of $-1,845 Mil mean?
China Evergrande Group (EGRNF) has a Interest Expense of $-1,845 Mil as of Jun. 2023. Interest Expense is the amount a company pays on its long-term debt. View historical data on China Evergrande Group and its competitors.
Is China Evergrande Group's Interest Expense too high?
China Evergrande Group's current Interest Expense is $-1,845 Mil. Overall, China Evergrande Group has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does China Evergrande Group's Interest Expense compare to competitors?
China Evergrande Group's Interest Expense of $-1,845 Mil can be compared against companies in the Real Estate industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Real Estate company?
A good Interest Expense depends on the Real Estate industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on China Evergrande Group and its competitors. China Evergrande Group's current Interest Expense is $-1,845 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Evergrande Group stock overvalued right now?
China Evergrande Group (EGRNF) has a current Interest Expense of $-1,845 Mil. The current Interest Expense is $-1,845 Mil. China Evergrande Group's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For China Evergrande Group (EGRNF), the current Interest Expense is $-1,845 Mil as of Jun. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

China Evergrande Group Business Description

Address Number. 78 Huangpu Avenue West, Tianhe District, Guangdong Province, Guangzhou, CHN, 510620
China Evergrande Group is engaged in the property development, property investment, property management, new energy vehicle business, cultural tourism business and health industry business principally in the People's Republic of China. The company is organized into four business segments: property development, property investment, property management and other businesses. Other businesses mainly include new energy vehicle business, cultural tourism business, health industry business and investment business.
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Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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