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Guangzhou Pearl River Development Group Co (SHSE:600684) Interest Expense : ¥-124 Mil (TTM As of Mar. 2024)


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What is Guangzhou Pearl River Development Group Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Guangzhou Pearl River Development Group Co's interest expense for the three months ended in Mar. 2024 was ¥ -9 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-124 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. Guangzhou Pearl River Development Group Co's Operating Income for the three months ended in Mar. 2024 was ¥ 22 Mil. Guangzhou Pearl River Development Group Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -9 Mil. Guangzhou Pearl River Development Group Co's Interest Coverage for the quarter that ended in Mar. 2024 was 2.33. 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.

Guangzhou Pearl River Development Group Co Interest Expense Historical Data

The historical data trend for Guangzhou Pearl River Development 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.

Guangzhou Pearl River Development Group Co Interest Expense Chart

Guangzhou Pearl River Development 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 -382.09 -417.27 -371.32 -361.07 -179.15

Guangzhou Pearl River Development Group 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 -64.06 -41.83 -37.00 -36.27 -9.29

Guangzhou Pearl River Development 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-124 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.

Guangzhou Pearl River Development Group Co  (SHSE:600684) 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.

Guangzhou Pearl River Development Group Co's Interest Expense for the three months ended in Mar. 2024 was ¥-9 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥22 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥61 Mil.

Guangzhou Pearl River Development Group 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*21.679/-9.29
=2.33

* 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.

Guangzhou Pearl River Development Group Co (SHSE:600684) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Guangzhou Pearl River Development Group Co Ltd (SHSE:600684) » Definitions » Interest Expense
Comparable Companies
SHSE:600533 SHSE:600823 SZSE:000056 SZSE:000961 SHSE:600807 SZSE:000014 SHSE:600766 SHSE:600159 SHSE:600067 SZSE:002133 HKSE:00016 BOM:532868 HKSE:01109 HKSE:00688 DFM:EMAAR TSE:1925 HKSE:01113 SHSE:600048 BOM:543287 PHS:HVN
Traded in Other Exchanges
N/A
Address
No. 362-366 Huanshi East Road, Haoshijie Square, 30F, Guangzhou, Guangdong, CHN, 510060
Website
http://www.gzzjsy.com
Guangzhou Pearl River Industrial Development Co Ltd is engaged in the development and operation of real estate in China. The company is also involved in the property leasing and management business.

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