GWLLY (Great Wall Motor Co) Interest Expense : $-130 Mil (TTM As of Jun. 2024)

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What is Great Wall Motor Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Great Wall Motor Co's interest expense for the three months ended in Jun. 2024 was $ -49 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was $-130 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. Great Wall Motor Co's Operating Income for the three months ended in Jun. 2024 was $ 712 Mil. Great Wall Motor Co's Interest Expense for the three months ended in Jun. 2024 was $ -49 Mil. Great Wall Motor Co's Interest Coverage for the quarter that ended in Jun. 2024 was 14.62. 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.

Great Wall Motor Co Interest Expense Historical Data

The historical data trend for Great Wall Motor 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.

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Great Wall Motor Co Interest Expense Chart

Great Wall Motor Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-24.77

-40.24

-74.04

-102.74

-132.58

Great Wall Motor Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Interest Expense	Get a 7-Day Free Trial															-33.79	-35.33	-13.05	-48.71	-33.27

Great Wall Motor 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 quarterly data reported by the company within the most recent 12 months, which was $-130 Mil.

Great Wall Motor Co (OTCPK:GWLLY) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Great Wall Motor Co's Interest Expense for the three months ended in Jun. 2024 was $-49 Mil. Its Operating Income for the three months ended in Jun. 2024 was $712 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was $2,086 Mil.

Great Wall Motor Co'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	*	712.158	/	-48.71
	=	14.62

The higher the ratio, the stronger the company's financial strength is.

Great Wall Motor Co Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Great Wall Motor Co Ltd (OTCPK:GWLLY) » Definitions » Interest Expense

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GWLLF:USA 02333:Hong Kong GRVB:Germany GRV:Germany GRV:Germany 601633:China

Address

No. 2266 Chaoyang Road South, Hebei Province, Lianchi District, Baoding, CHN, 071000

Website

https://www.gwm.com.cn

Automobile manufacturer Great Wall Motor is China's market leader in the SUV and pickup truck segments. In 2023, the company sold over 715,000 Haval-branded SUVs and 240,000 WEY- and Tank-branded SUVs, making it the largest SUV manufacturer by sales volume for the 14th year. It also sold more than 200,000 pickup trucks, also ranked number one in sales volume for 25 consecutive years. China's domestic market accounts for about 70% of Great Wall's revenue in 2023, with the balance coming from Russia, the Middle East, South Africa, Australia, and Chile, among others.