GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Chongqing Gas Group Corporation Ltd (SHSE:600917) » Definitions » Interest Expense

Chongqing Gas Group (SHSE:600917) Interest Expense : ¥-32 Mil (TTM As of Mar. 2024)


View and export this data going back to 2014. Start your Free Trial

What is Chongqing Gas Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Chongqing Gas Group's interest expense for the three months ended in Mar. 2024 was ¥ -7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-32 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. Chongqing Gas Group's Operating Income for the three months ended in Mar. 2024 was ¥ -65 Mil. Chongqing Gas Group's Interest Expense for the three months ended in Mar. 2024 was ¥ -7 Mil. Chongqing Gas 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.

Chongqing Gas Group Interest Expense Historical Data

The historical data trend for Chongqing Gas 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.

Chongqing Gas Group Interest Expense Chart

Chongqing Gas 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 -5.50 -7.19 -10.29 -13.54 -27.95

Chongqing Gas 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 -2.89 -13.15 -6.09 -5.83 -7.25

Chongqing Gas 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 ¥-32 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.

Chongqing Gas Group  (SHSE:600917) 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.

Chongqing Gas Group's Interest Expense for the three months ended in Mar. 2024 was ¥-7 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥-65 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥611 Mil.

Chongqing Gas Group's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Chongqing Gas 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.

Chongqing Gas Group (SHSE:600917) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Chongqing Gas Group Corporation Ltd (SHSE:600917) » Definitions » Interest Expense
Comparable Companies
SZSE:301286 SHSE:603393 SZSE:002911 SHSE:600903 SHSE:603053 SHSE:600635 SHSE:605368 SHSE:600681 SHSE:600333 SHSE:605169 XMAD:NTGY ASX:APA ATO MIL:SRG HKSE:00003 NI TSE:9531 BOM:532155 HKSE:02688 TSE:9532
Traded in Other Exchanges
N/A
Address
Jiangbei District Court, a small village on the 30th, Chongqing, CHN, 400020
Website
http://www.cqgas.cn
Chongqing Gas Group Corporation Ltd engages in the design, manufacture, installation, maintenance, sale, management, and technical consultation of gas supply and pipe network in China. It also supplies, transport, storage, distributes, and sale gas. The company engages in the supply of heating, cooling, and cogeneration; pipe anti-corrosion processing; and gas appliance sales and other business operations.
Executives
Wang Song Qiu Director
Li Jin Yan senior management
Fu Xiu Ping senior management
Wu Can Guang Director
Jiang Ying Hui senior management
Wang Ji Wu Director
Wen Xiao Song senior management

Chongqing Gas Group (SHSE:600917) Headlines

No Headlines