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Yangtze Optical Fibre and Cable Joint Stock Co (HKSE:06869) Interest Expense : HK$-269 Mil (TTM As of Sep. 2024)


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What is Yangtze Optical Fibre and Cable Joint Stock Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Yangtze Optical Fibre and Cable Joint Stock Co's interest expense for the three months ended in Sep. 2024 was HK$ -67 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was HK$-269 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. Yangtze Optical Fibre and Cable Joint Stock Co's Operating Income for the three months ended in Sep. 2024 was HK$ 387 Mil. Yangtze Optical Fibre and Cable Joint Stock Co's Interest Expense for the three months ended in Sep. 2024 was HK$ -67 Mil. Yangtze Optical Fibre and Cable Joint Stock Co's Interest Coverage for the quarter that ended in Sep. 2024 was 5.74. 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.


Yangtze Optical Fibre and Cable Joint Stock Co Interest Expense Historical Data

The historical data trend for Yangtze Optical Fibre and Cable Joint Stock 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.

* Premium members only.

Yangtze Optical Fibre and Cable Joint Stock Co Interest Expense Chart

Yangtze Optical Fibre and Cable Joint Stock Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -59.20 -115.54 -214.71 -250.61 -265.38

Yangtze Optical Fibre and Cable Joint Stock Co Quarterly Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -139.94 -64.24 -65.81 -67.42 -71.61

Yangtze Optical Fibre and Cable Joint Stock 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was HK$-269 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.


Yangtze Optical Fibre and Cable Joint Stock Co  (HKSE:06869) 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.

Yangtze Optical Fibre and Cable Joint Stock Co's Interest Expense for the three months ended in Sep. 2024 was HK$-67 Mil. Its Operating Income for the three months ended in Sep. 2024 was HK$387 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was HK$6,071 Mil.

Yangtze Optical Fibre and Cable Joint Stock Co's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*387.194/-67.415
=5.74

* 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.


Yangtze Optical Fibre and Cable Joint Stock Co Business Description

Traded in Other Exchanges
Address
No. 9 Guanggu Avenue, East Lake High-tech Development Zone, Hubei Province, Wuhan, CHN, 430073
Yangtze Optical Fibre and Cable Joint Stock Ltd Co is engaged in the Chinese communication equipment industry. It manufactures and sells optical fiber preforms, optical fibers with various standard specifications that are widely used in the telecommunications industry. It operates its business through three operating segments, optical fibers and optical fiber preforms; and Optical components and modules, optical fiber cables. The manufacture and sale of optical fiber cables provide the company with majority of its revenue. Its other products comprise of trunk cables, patch cords, plug-and-play modules, optical distribution frames, pigtails, adapter panels, splitters, and connecting cabinets.
Executives
Jpmorgan Chase & Co. 2201 Interest of corporation controlled by you

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