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Nanjing Business & Tourism (SHSE:600250) Interest Expense : ¥-27.6 Mil (TTM As of Jun. 2024)


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What is Nanjing Business & Tourism Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Nanjing Business & Tourism's interest expense for the three months ended in Jun. 2024 was ¥ -10.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was ¥-27.6 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. Nanjing Business & Tourism's Operating Income for the three months ended in Jun. 2024 was ¥ 37.2 Mil. Nanjing Business & Tourism's Interest Expense for the three months ended in Jun. 2024 was ¥ -10.1 Mil. Nanjing Business & Tourism's Interest Coverage for the quarter that ended in Jun. 2024 was 3.70. 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.

Nanjing Business & Tourism Interest Expense Historical Data

The historical data trend for Nanjing Business & Tourism'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.

Nanjing Business & Tourism Interest Expense Chart

Nanjing Business & Tourism 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 -41.33 -34.31 -35.47 -29.40 -21.91

Nanjing Business & Tourism Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -5.26 -5.29 -6.43 -5.83 -10.05

Nanjing Business & Tourism 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-27.6 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.

Nanjing Business & Tourism  (SHSE:600250) 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.

Nanjing Business & Tourism's Interest Expense for the three months ended in Jun. 2024 was ¥-10.1 Mil. Its Operating Income for the three months ended in Jun. 2024 was ¥37.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was ¥185.0 Mil.

Nanjing Business & Tourism's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2024 )/Interest Expense (Q: Jun. 2024 )
=-1*37.181/-10.051
=3.70

* 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.

Nanjing Business & Tourism Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Nanjing Business & Tourism Corp Ltd (SHSE:600250) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
No. 18, Xinxinqiao East Street, Qinhuai District, Jiangsu, Nanjing, CHN, 210006
Website
http://www.nantex.com.cn
Nanjing Business & Tourism Corp Ltd Formerly Nanjing Textiles Imp & Exp Corp Ltd is involved in the fields of textiles and garments, electric and machinery, light industry, chemical industry and others, covering over 1000 merchandise. At the same time, the company also engaged in the overseas labor services and economic and technical cooperation activities.
Executives
Xia Shu Ping Director
Fan Ye senior management
Li Rui Ping senior management
Zhang Zhong Ling senior management
Zhou Guo Qing Supervisors
Yang Chun Sheng senior management
Han Yong Director
Yin Wen Qi senior management
Tang Jian Guo senior management
Hu Hai Ge Director
Dan Xiao Zhong Director
Yang Jing Cheng Director
Ding Jie senior management
Ye Qing senior management
Xu Xian Min senior management

Nanjing Business & Tourism Headlines

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