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Jinhui Shipping and Transportation (OSL:JIN) Interest Expense : kr-54.9 Mil (TTM As of Dec. 2023)


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What is Jinhui Shipping and Transportation Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Jinhui Shipping and Transportation's interest expense for the three months ended in Dec. 2023 was kr -21.3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was kr-54.9 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. Jinhui Shipping and Transportation's Operating Income for the three months ended in Dec. 2023 was kr -25.3 Mil. Jinhui Shipping and Transportation's Interest Expense for the three months ended in Dec. 2023 was kr -21.3 Mil. Jinhui Shipping and Transportation did not have earnings to cover the interest expense. 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.

Jinhui Shipping and Transportation Interest Expense Historical Data

The historical data trend for Jinhui Shipping and Transportation'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.

Jinhui Shipping and Transportation Interest Expense Chart

Jinhui Shipping and Transportation Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -39.01 -27.14 -15.71 -33.97 -65.77

Jinhui Shipping and Transportation Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23
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 -10.96 -14.66 -14.19 -19.35 -21.34

Jinhui Shipping and Transportation 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 quarterly data reported by the company within the most recent 12 months, which was kr-54.9 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.

Jinhui Shipping and Transportation  (OSL:JIN) 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.

Jinhui Shipping and Transportation's Interest Expense for the three months ended in Dec. 2023 was kr-21.3 Mil. Its Operating Income for the three months ended in Dec. 2023 was kr-25.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was kr841.3 Mil.

Jinhui Shipping and Transportation's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Jinhui Shipping and Transportation did not have earnings to cover the interest expense.

* 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.

Jinhui Shipping and Transportation (OSL:JIN) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Jinhui Shipping and Transportation Ltd (OSL:JIN) » Definitions » Interest Expense
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OSL:WEST OSL:RISH OSL:HAV OSL:STSU OSL:HAVI OSL:ALNG OSL:GEOS OSL:ADS OSL:OTS OSL:HYON BSP:PSVM11 XTER:HLAG OCSE:MAERSK B HKSE:01919 BOM:532921 SHSE:600018 TSE:9101 TSE:9104 SHSE:601018 HKSE:00316
Traded in Other Exchanges
JINO:Sweden
Address
1-6 Connaught Road West, 26th Floor, Yardley Commercial Building, Hong Kong, HKG
Website
http://www.jinhuiship.com/jst
Jinhui Shipping and Transportation Ltd is an investment holding company. It operates its business through its subsidiaries. It principal activities of the business are ship chartering and ship owning. Geographically, it operates in various countries like China, Singapore, Ireland, South Korea, and Thailand. The majority of the revenue comes from the Singapore.

Jinhui Shipping and Transportation (OSL:JIN) Headlines

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