GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Huayu Automotive Systems Co Ltd (SHSE:600741) » Definitions » Interest Expense

Huayu Automotive Systems Co (SHSE:600741) Interest Expense : ¥-163 Mil (TTM As of Mar. 2024)


View and export this data going back to 1996. Start your Free Trial

What is Huayu Automotive Systems Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Huayu Automotive Systems Co's interest expense for the three months ended in Mar. 2024 was ¥ -209 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-163 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. Huayu Automotive Systems Co's Operating Income for the three months ended in Mar. 2024 was ¥ 1,172 Mil. Huayu Automotive Systems Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -209 Mil. Huayu Automotive Systems Co's Interest Coverage for the quarter that ended in Mar. 2024 was 5.59. 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.

Huayu Automotive Systems Co Interest Expense Historical Data

The historical data trend for Huayu Automotive Systems 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.

Huayu Automotive Systems Co Interest Expense Chart

Huayu Automotive Systems 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 -428.66 -412.26 -448.39 -508.90 -108.43

Huayu Automotive Systems 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 -154.56 -160.72 -187.82 394.67 -209.46

Huayu Automotive Systems 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 ¥-163 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.

Huayu Automotive Systems Co  (SHSE:600741) 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.

Huayu Automotive Systems Co's Interest Expense for the three months ended in Mar. 2024 was ¥-209 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥1,172 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥6,859 Mil.

Huayu Automotive Systems 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*1171.723/-209.458
=5.59

* 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.

Huayu Automotive Systems Co (SHSE:600741) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Huayu Automotive Systems Co Ltd (SHSE:600741) » Definitions » Interest Expense
Comparable Companies
SHSE:601058 SZSE:002625 SZSE:002920 SZSE:002085 SHSE:601799 SHSE:601966 SZSE:002602 SHSE:601689 SHSE:603786 SHSE:688819 TSE:6902 TSE:5108 XPAR:ML MBLY GPC APTV SHSE:600660 XKRX:012330 TSX:MG XTER:CON
Traded in Other Exchanges
N/A
Address
489, WeiHai Road, Shanghai, CHN, 200041
Website
http://www.huayu-auto.com
Huayu Automotive Systems Co Ltd is a China-based company engaged in the business of manufacturing and marketing of automotive components. The company is focused on the research and development, production, and marketing of automotive components. The organization operates in the business segments of Metal forming and dies which includes press machine dies, door panels, and others; Interior and exterior trimming which includes dashboard, airbag, seat assembly, etc; Electric and electronics parts including motor, roof window, smart key and others; Function parts such as exhaust system, spring, braking system; Hot-worked parts like piston, cylinder head; and New energy vehicle such as driving motor, power steering and other parts.

Huayu Automotive Systems Co (SHSE:600741) Headlines

No Headlines