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Shanghai Eliansy Industry Group (SHSE:600836) Interest Expense : ¥-28.6 Mil (TTM As of Mar. 2024)


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What is Shanghai Eliansy Industry Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Shanghai Eliansy Industry Group's interest expense for the three months ended in Mar. 2024 was ¥ -6.9 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-28.6 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. Shanghai Eliansy Industry Group's Operating Income for the three months ended in Mar. 2024 was ¥ -2.2 Mil. Shanghai Eliansy Industry Group's Interest Expense for the three months ended in Mar. 2024 was ¥ -6.9 Mil. Shanghai Eliansy Industry Group 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.


Shanghai Eliansy Industry Group Interest Expense Historical Data

The historical data trend for Shanghai Eliansy Industry Group'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.

Shanghai Eliansy Industry Group Interest Expense Chart

Shanghai Eliansy Industry Group 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 -47.93 -30.18 -31.04 -28.35 -28.54

Shanghai Eliansy Industry Group 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 -6.86 -7.68 -7.61 -6.39 -6.93

Shanghai Eliansy Industry Group 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 ¥-28.6 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.


Shanghai Eliansy Industry Group  (SHSE:600836) 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.

Shanghai Eliansy Industry Group's Interest Expense for the three months ended in Mar. 2024 was ¥-6.9 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥-2.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥3.0 Mil.

Shanghai Eliansy Industry Group's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Shanghai Eliansy Industry Group 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. Shanghai Eliansy Industry Group Corp Ltds earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.


Shanghai Eliansy Industry Group Business Description

Traded in Other Exchanges
N/A
Address
No. 7111 Chuanzhou Highway, Pudong New Area, Shanghai, Shanghai, CHN, 201205
Shanghai Eliansy Industry Group Corp Ltd formerly known as Shanghai Jielong Industry Group Corp Ltd is a China-based company engages in the printing and real estate business. It is also engaged in diversified industries such as food and beverage, hotel and leisure, cultural and creative. It involves in property development and commodity housings distribution, which provides primarily residential housings, as well as the production of color printed packaging and decorative materials.
Executives
Gao Zu Hua Director
Zhou Yong Qing Director
Fei Ling Di Supervisors

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