AviChina Industry & Technology Co (HKSE:02357) Interest Expense : HK$-450 Mil (TTM As of Dec. 2023)

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What is AviChina Industry & Technology Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. AviChina Industry & Technology Co's interest expense for the six months ended in Dec. 2023 was HK$ -235 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-450 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. AviChina Industry & Technology Co's Operating Income for the six months ended in Dec. 2023 was HK$ 3,131 Mil. AviChina Industry & Technology Co's Interest Expense for the six months ended in Dec. 2023 was HK$ -235 Mil. AviChina Industry & Technology Co's Interest Coverage for the quarter that ended in Dec. 2023 was 13.31. 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.

AviChina Industry & Technology Co Interest Expense Historical Data

The historical data trend for AviChina Industry & Technology 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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AviChina Industry & Technology Co Interest Expense Chart

AviChina Industry & Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-719.30

-613.52

-486.25

-590.55

-449.95

AviChina Industry & Technology Co 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															-248.42	-254.25	-348.34	-214.72	-235.23

AviChina Industry & Technology 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-450 Mil.

AviChina Industry & Technology Co (HKSE:02357) 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.

AviChina Industry & Technology Co's Interest Expense for the six months ended in Dec. 2023 was HK$-235 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$3,131 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$7,834 Mil.

AviChina Industry & Technology Co'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	*	3130.553	/	-235.231
	=	13.31

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

AviChina Industry & Technology Co (HKSE:02357) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » AviChina Industry & Technology Co Ltd (HKSE:02357) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

AVT:Germany

Address

No. 14 Xiaoguan Dongli, 6th floor, Building A, Andingmenwai, Chaoyang District, Beijing, CHN, 100029

Website

https://www.avichina.com

AviChina Industry & Technology Co Ltd is engaged in the development, manufacture, sales and upgrade of civil aviation products and defense products such as provision of helicopters, trainer aircraft, general-purpose aircraft and regional jets for domestic and overseas customers. The company also collaborates with international aviation product manufacturers. AviChina has three operating segments: Aviation entire aircraft; Aviation ancillary system and related business; and Aviation engineering services. The Aviation entire aircraft segment includes helicopters, trainer aircraft, and general aircraft for both civil and military uses. Over half of the company's revenue is generated from supplying components, spare parts, and services. AviChina mainly conducts its business in China.

Executives

Tian Jin Bao Shui Qu Tou Zi You Xian Gong Si	2101 Beneficial owner
Zhong Guo Hang Kong Gong Ye Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you

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