GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Everbright Jiabao Co Ltd (SHSE:600622) » Definitions » Interest Expense

Everbright Jiabao Co (SHSE:600622) Interest Expense : ¥-686 Mil (TTM As of Mar. 2024)


View and export this data going back to 1992. Start your Free Trial

What is Everbright Jiabao Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Everbright Jiabao Co's interest expense for the three months ended in Mar. 2024 was ¥ -163 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-686 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. Everbright Jiabao Co's Operating Income for the three months ended in Mar. 2024 was ¥ 73 Mil. Everbright Jiabao Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -163 Mil. Everbright Jiabao Co's Interest Coverage for the quarter that ended in Mar. 2024 was 0.45. 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.


Everbright Jiabao Co Interest Expense Historical Data

The historical data trend for Everbright Jiabao 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.

Everbright Jiabao Co Interest Expense Chart

Everbright Jiabao 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 -582.78 -631.77 -700.82 -719.54 -688.77

Everbright Jiabao 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 -166.16 -183.56 -175.33 -163.73 -163.05

Everbright Jiabao 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 ¥-686 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.


Everbright Jiabao Co  (SHSE:600622) 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.

Everbright Jiabao Co's Interest Expense for the three months ended in Mar. 2024 was ¥-163 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥73 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥7,502 Mil.

Everbright Jiabao 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*73.085/-163.045
=0.45

* 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. Everbright Jiabao Co Ltd interest coverage is 1.01, which is low.


Everbright Jiabao Co (SHSE:600622) Business Description

Traded in Other Exchanges
N/A
Address
No. 1-6, Lane 333, Yima Road, 10-15 Floor, Jiabao Building, Jiading District, Shanghai, CHN, 201801
Everbright Jiabao Co Ltd is primarily involved in the Real estate asset management, real estate investment and real estate development activities.
Executives
Qian Ming Director
Cao Ping senior management
Sun Hong Liang senior management
Shen Pei Xin senior management
Chen Bo Xing senior management
Yu Jie senior management
Le Yong Hua Supervisors
Yan De Song senior management

Everbright Jiabao Co (SHSE:600622) Headlines

No Headlines