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Nine Dragons Paper (Holdings) (FRA:N3Y) Interest Expense : €-193 Mil (TTM As of Jun. 2024)


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What is Nine Dragons Paper (Holdings) Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Nine Dragons Paper (Holdings)'s interest expense for the six months ended in Jun. 2024 was € -110 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was €-193 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. Nine Dragons Paper (Holdings)'s Operating Income for the six months ended in Jun. 2024 was € 174 Mil. Nine Dragons Paper (Holdings)'s Interest Expense for the six months ended in Jun. 2024 was € -110 Mil. Nine Dragons Paper (Holdings)'s Interest Coverage for the quarter that ended in Jun. 2024 was 1.59. 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.

Nine Dragons Paper (Holdings) Interest Expense Historical Data

The historical data trend for Nine Dragons Paper (Holdings)'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.

Nine Dragons Paper (Holdings) Interest Expense Chart

Nine Dragons Paper (Holdings) Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -87.24 -79.82 -108.54 -143.93 -192.43

Nine Dragons Paper (Holdings) 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 -57.35 -77.02 -70.62 -82.92 -109.74

Nine Dragons Paper (Holdings) 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 €-193 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.

Nine Dragons Paper (Holdings)  (FRA:N3Y) 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.

Nine Dragons Paper (Holdings)'s Interest Expense for the six months ended in Jun. 2024 was €-110 Mil. Its Operating Income for the six months ended in Jun. 2024 was €174 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was €6,925 Mil.

Nine Dragons Paper (Holdings)'s Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2024 )/Interest Expense (Q: Jun. 2024 )
=-1*174.476/-109.742
=1.59

* 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.

Nine Dragons Paper (Holdings) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Nine Dragons Paper (Holdings) Ltd (FRA:N3Y) » Definitions » Interest Expense
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NDGPY:USA NDGPF:USA 02689:Hong Kong
Address
No.12, Xincheng Road, Songshan Lake High-Tech Industrial Development Zone, Guangdong Province, Dongguan, CHN
Website
http://www.ndpaper.com
Nine Dragons Paper (Holdings) Ltd operates as a paper products manufacturer. The company predominantly produces liner boards, corrugating medium, and coated duplex boards. In addition to packaging paperboard, the group is also engaged in the production of printing and writing paper in Dongguan and Taicang, as well as the development of packaging paperboard and specialty paper production in Leshan, Sichuan Province. A substantial part of the company's revenues are generated from the sale of packaging paper and the rest from sales of printing and writing paper, high-value specialty paper products, and Pulp.

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