China Huarong Energy Co (FRA:XYTA) Interest Expense: €-28.82 Mil (TTM As of Jun. 2024)

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What is China Huarong Energy Co Interest Expense?

China Huarong Energy Co FRA:XYTA Interest Expense is €-28.82 Mil as of Jun. 2024.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. China Huarong Energy Co's interest expense for the six months ended in Jun. 2024 was € -18.39 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was €-28.82 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 Huarong Energy Co's Operating Income for the six months ended in Jun. 2024 was € -10.66 Mil. China Huarong Energy Co's Interest Expense for the six months ended in Jun. 2024 was € -18.39 Mil. China Huarong Energy Co 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 Huarong Energy Co  (FRA:XYTA) 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 Huarong Energy Co's Interest Expense for the six months ended in Jun. 2024 was €-18.39 Mil. Its Operating Income for the six months ended in Jun. 2024 was €-10.66 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was €297.87 Mil.

China Huarong Energy Co's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

China Huarong Energy Co 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 Huarong Energy Co Interest Expense Historical Data

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The historical data trend for China Huarong Energy Co'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 Huarong Energy Co Interest Expense Chart

China Huarong Energy Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -38.67 -26.06 -27.88 -27.74 -28.18

China Huarong Energy Co 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 -15.94 -12.46 -17.81 -10.43 -18.39

China Huarong Energy Co 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 €-28.82 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 €-28.82 Mil mean?
China Huarong Energy Co (FRA:XYTA) has a Interest Expense of €-28.82 Mil as of Jun. 2024. Interest Expense is the amount a company pays on its long-term debt. View historical data on China Huarong Energy Co and its competitors.
Is China Huarong Energy Co's Interest Expense too high?
China Huarong Energy Co's current Interest Expense is €-28.82 Mil.
How does China Huarong Energy Co's Interest Expense compare to COP and EOG?
China Huarong Energy Co's Interest Expense of €-28.82 Mil can be compared against companies in the Oil & Gas 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 an Oil & Gas company?
A good Interest Expense depends on the Oil & Gas 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 Huarong Energy Co and its competitors. China Huarong Energy Co's current Interest Expense is €-28.82 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Huarong Energy Co stock overvalued right now?
China Huarong Energy Co (FRA:XYTA) has a current Interest Expense of €-28.82 Mil. The current Interest Expense is €-28.82 Mil. 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 Huarong Energy Co (FRA:XYTA), the current Interest Expense is €-28.82 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 Huarong Energy Co Business Description

Industry EnergyOil & Gas
Address 50 Wing Tai Road, Room 807H, 8th Floor, Cornell Centre, Chaiwan, Hong Kong, HKG
China Huarong Energy Co Ltd is a company principally engaged in the business of energy exploration and production focusing on oil and gas-related customers and markets. Its projects include approximately four oilfields located in the Fergana Valley of the Republic of Kyrgyzstan. The company's reportable segments are; Energy exploration and production which generates revenue from sales of crude oil in Kyrgyzstan; and the Oil storage and trading segment which generates key revenue for the firm is engaged in renting its capacity in the provision of oil storage services and trading the relevant commodities in China. Geographically, the company generates a majority of its revenue from China and the rest from Kyrgyzstan.