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Guangdong Meiyan Jixiang Hydropower Co (SHSE:600868) Interest Expense : ¥-9.7 Mil (TTM As of Mar. 2024)


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What is Guangdong Meiyan Jixiang Hydropower Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Guangdong Meiyan Jixiang Hydropower Co's interest expense for the three months ended in Mar. 2024 was ¥ 0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-9.7 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. Guangdong Meiyan Jixiang Hydropower Co's Operating Income for the three months ended in Mar. 2024 was ¥ -12.5 Mil. Guangdong Meiyan Jixiang Hydropower Co's Interest Expense for the three months ended in Mar. 2024 was ¥ 0.0 Mil. GuruFocus does not calculate Guangdong Meiyan Jixiang Hydropower Co's interest coverage with the available data. 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.


Guangdong Meiyan Jixiang Hydropower Co Interest Expense Historical Data

The historical data trend for Guangdong Meiyan Jixiang Hydropower 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.

Guangdong Meiyan Jixiang Hydropower Co Interest Expense Chart

Guangdong Meiyan Jixiang Hydropower 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 - - -5.52 -7.04 -7.47

Guangdong Meiyan Jixiang Hydropower 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 - -2.29 - -7.44 -

Guangdong Meiyan Jixiang Hydropower 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 ¥-9.7 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.


Guangdong Meiyan Jixiang Hydropower Co  (SHSE:600868) 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.

Guangdong Meiyan Jixiang Hydropower Co's Interest Expense for the three months ended in Mar. 2024 was ¥0.0 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥-12.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥109.5 Mil.

Guangdong Meiyan Jixiang Hydropower Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

GuruFocus does not calculate Guangdong Meiyan Jixiang Hydropower Co's interest coverage with the available data.

* 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.


Guangdong Meiyan Jixiang Hydropower Co (SHSE:600868) Business Description

Traded in Other Exchanges
N/A
Address
Meiyan Builing, Wanshuitang County, Meizhou, Guangdong, CHN, 514011
Guangdong Meiyan Jixiang Hydropower Co Ltd is mainly engaged in power generation and hydropower generation in China. The company's main business is hydropower generation. Its business divisions include hydroelectric generation, copper foil production, cement industry, silver mining, education services business and sales. The company mainly operates its business in Guangdong Province.
Executives
Li Ming Director
Zhu Bao Rong Supervisors
Huang Zeng Xiao senior management
Yang Qin Huan senior management
Qiu Xiu Rong Supervisors
Wang Rong Hui Director
Xia Wen Mei Supervisors
Wan Wen Sheng Supervisors

Guangdong Meiyan Jixiang Hydropower Co (SHSE:600868) Headlines

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