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China Jushi Co (SHSE:600176) Interest Expense : ¥-393 Mil (TTM As of Mar. 2024)


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What is China Jushi Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. China Jushi Co's interest expense for the three months ended in Mar. 2024 was ¥ -80 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-393 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 Jushi Co's Operating Income for the three months ended in Mar. 2024 was ¥ 335 Mil. China Jushi Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -80 Mil. China Jushi Co's Interest Coverage for the quarter that ended in Mar. 2024 was 4.18. 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 Jushi Co Interest Expense Historical Data

The historical data trend for China Jushi 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.

China Jushi Co Interest Expense Chart

China Jushi 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 -515.89 -462.50 -429.49 -409.93 -383.53

China Jushi 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 -70.44 -92.59 -100.38 -120.11 -80.10

China Jushi 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 ¥-393 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.


China Jushi Co  (SHSE:600176) 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.

China Jushi Co's Interest Expense for the three months ended in Mar. 2024 was ¥-80 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥335 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥5,047 Mil.

China Jushi 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*334.868/-80.101
=4.18

* 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.


China Jushi Co (SHSE:600176) Business Description

Traded in Other Exchanges
N/A
Address
No. 669 South China Wen Road, Tongxiang Economic Development Zone, Zhejiang Province, Tongxiang, CHN, 314500
China Jushi Co Ltd is a manufacturer of glass fiber and related products. It is also engaged in the development and operation of the commercial real estate, residential chain management, and logistics businesses. The company has a range of reinforcement fiberglass products and specifications, mainly including E-glass and C-glass rovings, chopped strands, powder and emulsion chopped strand mats, and woven rovings. In addition, the company also provides testing services for testing glass, mineral raw materials, fiberglass and its articles, fiberglass reinforced composites, chemical raw materials, sewage, waste gas and packaging materials.

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