GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » China Gerui Advanced Materials Group Ltd (FRA:G60A) » Definitions » Interest Expense

China Gerui Advanced Materials Group (FRA:G60A) Interest Expense : €-4.85 Mil (TTM As of Sep. 2014)


View and export this data going back to . Start your Free Trial

What is China Gerui Advanced Materials Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. China Gerui Advanced Materials Group's interest expense for the three months ended in Sep. 2014 was € -1.59 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2014 was €-4.85 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 Gerui Advanced Materials Group's Operating Income for the three months ended in Sep. 2014 was € -6.24 Mil. China Gerui Advanced Materials Group's Interest Expense for the three months ended in Sep. 2014 was € -1.59 Mil. China Gerui Advanced Materials 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 Gerui Advanced Materials Group Interest Expense Historical Data

The historical data trend for China Gerui Advanced Materials 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.

* Premium members only.

China Gerui Advanced Materials Group Interest Expense Chart

China Gerui Advanced Materials Group Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Interest Expense
Get a 7-Day Free Trial -2.22 -4.00 -4.92 -6.27 -7.75

China Gerui Advanced Materials Group Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
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 -2.61 -0.87 -1.17 -1.23 -1.59

China Gerui Advanced Materials 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 Sep. 2014 adds up the quarterly data reported by the company within the most recent 12 months, which was €-4.85 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 Gerui Advanced Materials Group  (FRA:G60A) 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 Gerui Advanced Materials Group's Interest Expense for the three months ended in Sep. 2014 was €-1.59 Mil. Its Operating Income for the three months ended in Sep. 2014 was €-6.24 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2014 was €0.00 Mil.

China Gerui Advanced Materials Group's Interest Coverage for the quarter that ended in Sep. 2014 is calculated as

China Gerui Advanced Materials 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 Gerui Advanced Materials Group (FRA:G60A) Business Description

Traded in Other Exchanges
N/A
Address
1 Shuanghu Development Zone, Zhengzhou, Xinzheng City, Henan, CHN, 451191
China Gerui Advanced Materials Group Ltd is a China-based steel processor company. It manufactures high precision cold-rolled narrow strip steel products and converts steel manufactured into thin steel sheets and strips. It mainly produces ultra-thin, high-strength cold-rolled steel products and chromium plates. The company sells its products to domestic Chinese customers who primarily operate in the food and industrial packaging, construction and household decorations materials, electrical appliances, and telecommunications wires and cables industries.

China Gerui Advanced Materials Group (FRA:G60A) Headlines

No Headlines