West China Cement (HKSE:02233) Interest Expense : HK$-337 Mil (TTM As of Dec. 2023)

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What is West China Cement Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. West China Cement's interest expense for the six months ended in Dec. 2023 was HK$ -167 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-337 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. West China Cement's Operating Income for the six months ended in Dec. 2023 was HK$ 843 Mil. West China Cement's Interest Expense for the six months ended in Dec. 2023 was HK$ -167 Mil. West China Cement's Interest Coverage for the quarter that ended in Dec. 2023 was 5.04. 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.

West China Cement Interest Expense Historical Data

The historical data trend for West China Cement'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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West China Cement Interest Expense Chart

West China Cement Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-208.17

-195.82

-319.69

-465.24

-336.71

West China Cement Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial															-177.02	-222.46	-253.31	-169.57	-167.13

West China Cement 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-337 Mil.

West China Cement (HKSE:02233) 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.

West China Cement's Interest Expense for the six months ended in Dec. 2023 was HK$-167 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$843 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$7,704 Mil.

West China Cement's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	843.086	/	-167.134
	=	5.04

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

West China Cement (HKSE:02233) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » West China Cement Ltd (HKSE:02233) » Definitions » Interest Expense

Traded in Other Exchanges

WFG1:Germany

Address

No. 336 4th Shenzhou Road, Yaobai R&D Training Center, Aerospace Industrial Base, Chang’an District, Xian, Shaanxi, CHN

Website

http://www.westchinacement.com

West China Cement Ltd is a producer of cement and supplies its products to the infrastructure, urban, and rural construction markets in China. The primary use of West China's cement is in the construction of infrastructure projects such as highways, bridges, railways, roads, and residential buildings.

Executives

Conch International Holdings (hk) Limited	2101 Beneficial owner
Zhong Guo Hai Luo Chuang Ye Kong Gu You Xian Gong Si	2201 Interest of corporation controlled by you
An Hui Hai Luo Ji Tuan You Xian Ze Ren Gong Si	2201 Interest of corporation controlled by you
Wu Hu Hai Chuang Shi Ye You Xian Ze Ren Gong Si	2201 Interest of corporation controlled by you
An Hui Hai Luo Shui Ni Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you

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