Huaibei GreenGold Industry Investment Co (HKSE:02450) Interest Expense : HK$-38.0 Mil (TTM As of Jun. 2023)

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What is Huaibei GreenGold Industry Investment Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Huaibei GreenGold Industry Investment Co's interest expense for the three months ended in Jun. 2023 was HK$ 0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was HK$-38.0 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. Huaibei GreenGold Industry Investment Co's Operating Income for the three months ended in Jun. 2023 was HK$ 0.0 Mil. Huaibei GreenGold Industry Investment Co's Interest Expense for the three months ended in Jun. 2023 was HK$ 0.0 Mil. GuruFocus does not calculate Huaibei GreenGold Industry Investment Co's interest coverage with the available data. 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.

Huaibei GreenGold Industry Investment Co Interest Expense Historical Data

The historical data trend for Huaibei GreenGold Industry Investment 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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Huaibei GreenGold Industry Investment Co Interest Expense Chart

Huaibei GreenGold Industry Investment Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

-4.55

-6.06

-66.55

-79.30

-68.80

Huaibei GreenGold Industry Investment Co Quarterly Data
	Dec19	Dec20	Sep21	Dec21	Jun22	Sep22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial				-	-19.38	-18.59	-	-

Huaibei GreenGold Industry Investment 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was HK$-38.0 Mil.

Huaibei GreenGold Industry Investment Co (HKSE:02450) 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.

Huaibei GreenGold Industry Investment Co's Interest Expense for the three months ended in Jun. 2023 was HK$0.0 Mil. Its Operating Income for the three months ended in Jun. 2023 was HK$0.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2023 was HK$315.6 Mil.

Huaibei GreenGold Industry Investment Co's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

GuruFocus does not calculate Huaibei GreenGold Industry Investment Co's interest coverage with the available data.

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

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Huaibei GreenGold Industry Investment Co Ltd interest coverage is 2.68, which is low.

Huaibei GreenGold Industry Investment Co (HKSE:02450) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Huaibei GreenGold Industry Investment Co Ltd (HKSE:02450) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3 Taobo Road, 4th Floor, Shuangchuang Service Centre, Song Tuan Town, Lieshan District, Anhui Province, Huaibei, CHN

Website

http://www.ljgfjt.com

Huaibei GreenGold Industry Investment Co Ltd is a China-based company chiefly engaged in the production and sales of construction material products. The company's main products include aggregate products and concrete products. The aggregate products mainly include general materials, stone powder, 0.5-1 construction aggregate, 1-2 construction aggregate, and 1-3 construction aggregate. The concrete products mainly include ready-mixed concrete, cement-stabilized macadam, and asphalt concrete.

Executives

Huatai Securities Co., Ltd.	2201 Interest of corporation controlled by you
Chu David	2101 Beneficial owner

Huaibei GreenGold Industry Investment Co (HKSE:02450) Headlines

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