GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Yunnan Metropolitan Real Estate Development Co Ltd (SHSE:600239) » Definitions » Interest Expense

Yunnan Metropolitan Real Estate Development Co (SHSE:600239) Interest Expense : ¥-240 Mil (TTM As of Mar. 2024)


View and export this data going back to 1999. Start your Free Trial

What is Yunnan Metropolitan Real Estate Development Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Yunnan Metropolitan Real Estate Development Co's interest expense for the three months ended in Mar. 2024 was ¥ -56 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-240 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. Yunnan Metropolitan Real Estate Development Co's Operating Income for the three months ended in Mar. 2024 was ¥ 44 Mil. Yunnan Metropolitan Real Estate Development Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -56 Mil. Yunnan Metropolitan Real Estate Development Co's Interest Coverage for the quarter that ended in Mar. 2024 was 0.79. 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.


Yunnan Metropolitan Real Estate Development Co Interest Expense Historical Data

The historical data trend for Yunnan Metropolitan Real Estate Development 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.

Yunnan Metropolitan Real Estate Development Co Interest Expense Chart

Yunnan Metropolitan Real Estate Development 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 -2,236.05 -2,993.77 -2,719.27 -1,457.81 -242.92

Yunnan Metropolitan Real Estate Development 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 -58.37 -55.30 -52.87 -76.39 -55.54

Yunnan Metropolitan Real Estate Development 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 ¥-240 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.


Yunnan Metropolitan Real Estate Development Co  (SHSE:600239) 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.

Yunnan Metropolitan Real Estate Development Co's Interest Expense for the three months ended in Mar. 2024 was ¥-56 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥44 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥4,891 Mil.

Yunnan Metropolitan Real Estate Development 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*44.057/-55.538
=0.79

* 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.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Yunnan Metropolitan Real Estate Development Co Ltd interest coverage is 1.31, which is low.


Yunnan Metropolitan Real Estate Development Co (SHSE:600239) Business Description

Traded in Other Exchanges
N/A
Address
No. 869 Minhang Road, Block A, Rongcheng Jinjie Square, Yunnan Province, Kunming, CHN, 650200
Yunnan Metropolitan Real Estate Development Co Ltd is engaged in real estate development and management, commercial housing sales, housing leasing, infrastructure construction investment, land development, project investment and management.

Yunnan Metropolitan Real Estate Development Co (SHSE:600239) Headlines

No Headlines