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China Green Agriculture (FRA:GR0A) Interest Expense : €-0.27 Mil (TTM As of Mar. 2024)


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What is China Green Agriculture Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. China Green Agriculture's interest expense for the three months ended in Mar. 2024 was € -0.07 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-0.27 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 Green Agriculture's Operating Income for the three months ended in Mar. 2024 was € -10.09 Mil. China Green Agriculture's Interest Expense for the three months ended in Mar. 2024 was € -0.07 Mil. China Green Agriculture 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 Green Agriculture Interest Expense Historical Data

The historical data trend for China Green Agriculture'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 Green Agriculture Interest Expense Chart

China Green Agriculture Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.53 -0.27 -0.22 -0.24 -0.27

China Green Agriculture Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -0.06 -0.07 -0.06 -0.07 -0.07

China Green Agriculture 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-0.27 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 Green Agriculture  (FRA:GR0A) 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 Green Agriculture's Interest Expense for the three months ended in Mar. 2024 was €-0.07 Mil. Its Operating Income for the three months ended in Mar. 2024 was €-10.09 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €0.00 Mil.

China Green Agriculture's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

China Green Agriculture 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 Green Agriculture (FRA:GR0A) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » China Green Agriculture Inc (FRA:GR0A) » Definitions » Interest Expense
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Traded in Other Exchanges
CGA:USA GR0A:Germany
Address
South Taibai Road, 3rd Floor, Borough A, Block A. No. 181, Shaanxi Province, Xi’an, CHN, 710065
Website
http://www.cgagri.com
China Green Agriculture Inc is engaged in the business of fertilizer and agricultural products. It involves the research, development, production, distribution, and sale of humic acid-based compound fertilizer, blended fertilizer, organic compound fertilizer, slow-release fertilizers, concentrated water-soluble fertilizers, and mixed organic-inorganic compound fertilizer and the development, production, and distribution of agricultural products, such as top-grade fruits, vegetables, flowers and colored seedlings in China. The company operates in three segments: Fertilizer products (Jinong), Fertilizer products (Gufeng), and agricultural products (Yuxing). All of its operations are conducted in China.

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