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Wanhua Chemical Group Co (SHSE:600309) Interest Expense : ¥-3,045 Mil (TTM As of Sep. 2024)


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What is Wanhua Chemical Group Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Wanhua Chemical Group Co's interest expense for the three months ended in Sep. 2024 was ¥ -697 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ¥-3,045 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. Wanhua Chemical Group Co's Operating Income for the three months ended in Sep. 2024 was ¥ 4,366 Mil. Wanhua Chemical Group Co's Interest Expense for the three months ended in Sep. 2024 was ¥ -697 Mil. Wanhua Chemical Group Co's Interest Coverage for the quarter that ended in Sep. 2024 was 6.27. 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.

Wanhua Chemical Group Co Interest Expense Historical Data

The historical data trend for Wanhua Chemical Group 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.

Wanhua Chemical Group Co Interest Expense Chart

Wanhua Chemical Group 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 -1,204.06 -1,208.27 -2,034.26 -2,046.83 -2,836.95

Wanhua Chemical Group Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -745.33 -722.05 -754.03 -871.79 -696.81

Wanhua Chemical Group 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-3,045 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.

Wanhua Chemical Group Co  (SHSE:600309) 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.

Wanhua Chemical Group Co's Interest Expense for the three months ended in Sep. 2024 was ¥-697 Mil. Its Operating Income for the three months ended in Sep. 2024 was ¥4,366 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was ¥64,441 Mil.

Wanhua Chemical Group Co's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*4366.433/-696.808
=6.27

* 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.

Wanhua Chemical Group Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Wanhua Chemical Group Co Ltd (SHSE:600309) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
No. 3, Sanya Road, Economic and Technological Development Zone, Yantai, CHN, 264006
Website
https://www.whchem.com
Wanhua Chemical Group Co Ltd is engaged in the development, production and sales of polyurethane and additives, isocyanate and derivative products; the sales of liquefied petroleum gas, propylene, acrylic acid and other petrochemical products.
Executives
Wang Jian Bo Supervisors
Yang Wan Hong senior management

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