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Kunwu Jiuding Investment Holdings Co (SHSE:600053) Interest Expense : ¥-11.9 Mil (TTM As of Mar. 2024)


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What is Kunwu Jiuding Investment Holdings Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Kunwu Jiuding Investment Holdings Co's interest expense for the three months ended in Mar. 2024 was ¥ -2.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-11.9 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. Kunwu Jiuding Investment Holdings Co's Operating Income for the three months ended in Mar. 2024 was ¥ 16.3 Mil. Kunwu Jiuding Investment Holdings Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -2.0 Mil. Kunwu Jiuding Investment Holdings Co's Interest Coverage for the quarter that ended in Mar. 2024 was 8.00. 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.

Kunwu Jiuding Investment Holdings Co Interest Expense Historical Data

The historical data trend for Kunwu Jiuding Investment Holdings 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.

Kunwu Jiuding Investment Holdings Co Interest Expense Chart

Kunwu Jiuding Investment Holdings Co 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 -48.06 -33.59 -28.27 -6.55 -13.13

Kunwu Jiuding Investment Holdings Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -3.29 -3.32 -3.30 -3.22 -2.04

Kunwu Jiuding Investment Holdings 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-11.9 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.

Kunwu Jiuding Investment Holdings Co  (SHSE:600053) 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.

Kunwu Jiuding Investment Holdings Co's Interest Expense for the three months ended in Mar. 2024 was ¥-2.0 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥16.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥22.2 Mil.

Kunwu Jiuding Investment Holdings Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*16.336/-2.041
=8.00

* 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.

Kunwu Jiuding Investment Holdings Co (SHSE:600053) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Kunwu Jiuding Investment Holdings Co Ltd (SHSE:600053) » Definitions » Interest Expense
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SHSE:600643 SZSE:000532 SHSE:600696 SHSE:600318 SZSE:000935 SZSE:000416 SHSE:600120 SZSE:000567 SZSE:000563 SHSE:600816 BLK KKR BX OSTO:INVE A TSX:BN APO BK AMP OSTO:EQT LSE:III
Traded in Other Exchanges
N/A
Address
No. 1379 North Riverside Avenue, Office Building A of Zijin City, Donghu District, Jiangxi, Nanchang, CHN, 330077
Website
http://www.jdcapital.com
Kunwu Jiuding Investment Holdings Co Ltd is a private equity investment and management institution. Its core businesses include: equity investment, holding investment, convertible bonds and fixed income investment in consumer, service, logistics, tourism, culture, agriculture, equipment, materials, chemicals, energy, mining, medicine and medical, information.
Executives
Liu Yao Ming Supervisors
Wan Su Juan Director

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