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Gansu Mogao Industrial Development Co (SHSE:600543) Interest Expense : ¥-0.9 Mil (TTM As of Sep. 2024)


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What is Gansu Mogao Industrial Development Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Gansu Mogao Industrial Development Co's interest expense for the three months ended in Sep. 2024 was ¥ -0.4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ¥-0.9 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. Gansu Mogao Industrial Development Co's Operating Income for the three months ended in Sep. 2024 was ¥ -13.9 Mil. Gansu Mogao Industrial Development Co's Interest Expense for the three months ended in Sep. 2024 was ¥ -0.4 Mil. Gansu Mogao Industrial Development Co did not have earnings to cover the interest expense. 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.

Gansu Mogao Industrial Development Co Interest Expense Historical Data

The historical data trend for Gansu Mogao Industrial 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.

Gansu Mogao Industrial Development Co Interest Expense Chart

Gansu Mogao Industrial 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 -0.11 -0.09 -1.48 -0.09 -0.09

Gansu Mogao Industrial Development 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 - 0.31 - -0.89 -0.35

Gansu Mogao Industrial 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-0.9 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.

Gansu Mogao Industrial Development Co  (SHSE:600543) 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.

Gansu Mogao Industrial Development Co's Interest Expense for the three months ended in Sep. 2024 was ¥-0.4 Mil. Its Operating Income for the three months ended in Sep. 2024 was ¥-13.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was ¥14.8 Mil.

Gansu Mogao Industrial Development Co's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Gansu Mogao Industrial Development Co did not have earnings to cover the interest expense.

* 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.

Gansu Mogao Industrial Development Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Gansu Mogao Industrial Development Co Ltd (SHSE:600543) » Definitions » Interest Expense
Comparable Companies
SHSE:600365 SHSE:603779 SHSE:600616 SZSE:002646 SHSE:601579 SHSE:600084 SZSE:300755 SHSE:600197 SHSE:600199 SHSE:600519 SZSE:000858 LSE:DGE SHSE:600809 SZSE:000568 XPAR:RI BF.B SZSE:002304 SZSE:000596 BOM:532432 SGX:Y92
Traded in Other Exchanges
N/A
Address
No. 638, Donggang West Road, 23rd Floor, Lanzhou Fortune Center, Chengguan District, Gansu Province, Lanzhou, Gansu, CHN, 730030
Website
http://www.mogao.com
Gansu Mogao Industrial Development Co Ltd is engaged in the production of wine. The company has a production facility in Wuwei, Gansu. The products include - Kilimanjaro Moga, Mogao 1099 Gold Jazz, Mogao 730 Gold Jazz, Mogao's six, Mogao 2000 Pinot Noir, and many others.
Executives
Niu Bin Bin Director

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