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Tibet Urban Development and Investment Co (SHSE:600773) Interest Expense : ¥-129 Mil (TTM As of Sep. 2024)


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What is Tibet Urban Development and Investment Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Tibet Urban Development and Investment Co's interest expense for the three months ended in Sep. 2024 was ¥ -29 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ¥-129 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. Tibet Urban Development and Investment Co's Operating Income for the three months ended in Sep. 2024 was ¥ -35 Mil. Tibet Urban Development and Investment Co's Interest Expense for the three months ended in Sep. 2024 was ¥ -29 Mil. Tibet Urban Development and Investment 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.


Tibet Urban Development and Investment Co Interest Expense Historical Data

The historical data trend for Tibet Urban Development and Investment 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.

Tibet Urban Development and Investment Co Interest Expense Chart

Tibet Urban Development and Investment 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 -57.52 -50.57 -113.33 -180.51 -146.40

Tibet Urban Development and Investment 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 -36.86 -32.20 -33.91 -33.70 -28.80

Tibet Urban Development and Investment 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 ¥-129 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.


Tibet Urban Development and Investment Co  (SHSE:600773) 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.

Tibet Urban Development and Investment Co's Interest Expense for the three months ended in Sep. 2024 was ¥-29 Mil. Its Operating Income for the three months ended in Sep. 2024 was ¥-35 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was ¥2,634 Mil.

Tibet Urban Development and Investment Co's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Tibet Urban Development and Investment 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.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Tibet Urban Development and Investment Co Ltds earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.


Tibet Urban Development and Investment Co Business Description

Traded in Other Exchanges
N/A
Address
Boda Road, Tianmu Middle Road, Room 311, 3rd Floor, Jintai Group Office Building, A1-10, 21st Floor, North Building, No. 380, Economic Development Zone, Lhasa, Tibet Autonomous, Shanghai, CHN, 850030
Tibet Urban Development and Investment Co Ltd is engaged in real estate, development and operation, leasing.
Executives
Zhang Ze Yun senior management
Ceng Yuan Chun senior management
Wu Su Fen Supervisors
Tao Ying senior management
Wang De Yin senior management
Wu Jing Dong senior management
Liu Hui Quan Supervisors

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