China Everbright Water (SGX:U9E) Interest Expense : S$-101 Mil (TTM As of Dec. 2023)

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What is China Everbright Water Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. China Everbright Water's interest expense for the six months ended in Dec. 2023 was S$ -50 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was S$-101 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. China Everbright Water's Operating Income for the six months ended in Dec. 2023 was S$ 182 Mil. China Everbright Water's Interest Expense for the six months ended in Dec. 2023 was S$ -50 Mil. China Everbright Water's Interest Coverage for the quarter that ended in Dec. 2023 was 3.67. 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.

China Everbright Water Interest Expense Historical Data

The historical data trend for China Everbright Water'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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China Everbright Water Interest Expense Chart

China Everbright Water Annual Data

Trend

Jun14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-61.75

-59.95

-76.10

-94.56

-100.79

China Everbright Water 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															-38.94	-45.28	-49.99	-51.51	-49.67

China Everbright Water 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 S$-101 Mil.

China Everbright Water (SGX:U9E) 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.

China Everbright Water's Interest Expense for the six months ended in Dec. 2023 was S$-50 Mil. Its Operating Income for the six months ended in Dec. 2023 was S$182 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was S$1,842 Mil.

China Everbright Water'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	*	182.432	/	-49.67
	=	3.67

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. China Everbright Water Ltd interest coverage is 3.78, which is low.

China Everbright Water (SGX:U9E) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » China Everbright Water Ltd (SGX:U9E) » Definitions » Interest Expense

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Address

Number 1003 Shennan Avenue, 26th Floor, Block A, Oriental Xintiandi Plaza, Futian District, Shenzhen, CHN, 518000

Website

https://www.ebwater.com

China Everbright Water Ltd provides water supply, waste water treatment, sludge treatment, and other environmental services. It designs, constructs, and operates water treatment plants, and extracts energy from water discharged by the plants to power air-conditioning for various buildings. Concession arrangements from various Chinese government authorities span multiple years, and allow the company to operate plants and charge users a fee for consumption. Under the arrangements, China Everbright is obligated to maintain the plants, and receives annual payments from the grantors. Raw materials and consumables are utilized by experienced technicians to repair and maintain facilities. Majority of sales and assets are generated and located in China.

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