EVGRF (China Evergrande New Energy Vehicle Group) Interest Expense: $-265.4 Mil (TTM As of Jun. 2024)


EVGRF China Evergrande New Energy Vehicle Group Ltd EVGRF
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What is China Evergrande New Energy Vehicle Group Interest Expense?

China Evergrande New Energy Vehicle Group EVGRF 4 Interest Expense is $-265.4 Mil as of Jun. 2024. GuruFocus rates EVGRF with a GF Score™ of 4/100.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. China Evergrande New Energy Vehicle Group's interest expense for the six months ended in Jun. 2024 was $ -131.5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was $-265.4 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 New Energy Vehicle Group's Operating Income for the six months ended in Jun. 2024 was $ -92.9 Mil. China Evergrande New Energy Vehicle Group's Interest Expense for the six months ended in Jun. 2024 was $ -131.5 Mil. China Evergrande New Energy Vehicle Group 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 Evergrande New Energy Vehicle Group  (OTCPK:EVGRF) 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 New Energy Vehicle Group's Interest Expense for the six months ended in Jun. 2024 was $-131.5 Mil. Its Operating Income for the six months ended in Jun. 2024 was $-92.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was $1,736.7 Mil.

China Evergrande New Energy Vehicle Group's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

China Evergrande New Energy Vehicle Group 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 Evergrande New Energy Vehicle Group Interest Expense Historical Data

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The historical data trend for China Evergrande New Energy Vehicle 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 New Energy Vehicle Group Interest Expense Chart

China Evergrande New Energy Vehicle Group Annual Data
Trend Jun14 Jun15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -338.42 -434.52 -284.18 -176.56 -269.08

China Evergrande New Energy Vehicle Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 -137.62 -44.40 -134.74 -133.94 -131.51
EVGRF
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China Evergrande New Energy Vehicle Group Ltd EVGRF
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China Evergrande New Energy Vehicle 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-265.4 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 $-265.4 Mil mean?
China Evergrande New Energy Vehicle Group (EVGRF) has a Interest Expense of $-265.4 Mil as of Jun. 2024. Interest Expense is the amount a company pays on its long-term debt. View historical data on China Evergrande New Energy Vehicle Group and its competitors.
Is China Evergrande New Energy Vehicle Group's Interest Expense too high?
China Evergrande New Energy Vehicle Group's current Interest Expense is $-265.4 Mil. Overall, China Evergrande New Energy Vehicle Group has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does China Evergrande New Energy Vehicle Group's Interest Expense compare to JYNT and AONC?
China Evergrande New Energy Vehicle Group's Interest Expense of $-265.4 Mil can be compared against companies in the Healthcare Providers & Services 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 Healthcare Providers & Services company?
A good Interest Expense depends on the Healthcare Providers & Services 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 New Energy Vehicle Group and its competitors. China Evergrande New Energy Vehicle Group's current Interest Expense is $-265.4 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 New Energy Vehicle Group stock overvalued right now?
China Evergrande New Energy Vehicle Group (EVGRF) has a current Interest Expense of $-265.4 Mil. The current Interest Expense is $-265.4 Mil. China Evergrande New Energy Vehicle Group's overall GF Score™ is 4/100. 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 New Energy Vehicle Group (EVGRF), the current Interest Expense is $-265.4 Mil as of Jun. 2024. 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 New Energy Vehicle Group Business Description

Address No. 78 Huangpu Avenue West, 28th Floor, Evergrande International Center, Guangdong Province, Guangzhou, CHN, 510620
China Evergrande New Energy Vehicle Group Ltd is engaged in the technology research and development, production, and sales of new energy vehicles. It is also involved in community health management, international hospitals, and the elderly care and rehabilitation business. The company's operating segments include Health Management and New Energy Vehicle. It generates most of its revenues from Health Management segment.
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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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