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Sichuan Expressway Co (SHSE:601107) Interest Expense : ¥-936 Mil (TTM As of Mar. 2024)


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What is Sichuan Expressway Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sichuan Expressway Co's interest expense for the three months ended in Mar. 2024 was ¥ -219 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-936 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. Sichuan Expressway Co's Operating Income for the three months ended in Mar. 2024 was ¥ 683 Mil. Sichuan Expressway Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -219 Mil. Sichuan Expressway Co's Interest Coverage for the quarter that ended in Mar. 2024 was 3.12. 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.

Sichuan Expressway Co Interest Expense Historical Data

The historical data trend for Sichuan Expressway 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.

Sichuan Expressway Co Interest Expense Chart

Sichuan Expressway 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 -7.99 -10.31 -577.00 -6.49 -932.31

Sichuan Expressway 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 -215.23 211.55 -698.69 -229.95 -218.81

Sichuan Expressway 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 ¥-936 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.

Sichuan Expressway Co  (SHSE:601107) 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.

Sichuan Expressway Co's Interest Expense for the three months ended in Mar. 2024 was ¥-219 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥683 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥35,564 Mil.

Sichuan Expressway 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*683.37/-218.806
=3.12

* 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. Sichuan Expressway Co Ltd interest coverage is 2.46, which is low.

Sichuan Expressway Co (SHSE:601107) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Sichuan Expressway Co Ltd (SHSE:601107) » Definitions » Interest Expense
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SHSE:600269 SZSE:000828 SHSE:600033 SHSE:600548 SHSE:600012 SHSE:600020 SZSE:000429 SHSE:600106 SZSE:000885 SZSE:002941 XMAD:FER ASX:TCL SZSE:001965 SHSE:600377 DFM:SALIK SHSE:600350 BOM:532947 ASX:ALX BSP:CCRO3 VRRM
Traded in Other Exchanges
SEXHF:USA 00107:Hong Kong
Address
252 Wuhouci Da Jie, Sichuan Province, Chengdu, CHN, 610041
Website
https://www.cygs.com
Sichuan Expressway Co Ltd is primarily engaged in the investment, construction, operation, and management of road infrastructure projects. The company operates in five segments: Expressways segment, New energy technologies segment, Transportation services segment, Transportation logistics segment, Construction services segment and Others segment. Majority of the revenue is generated from Construction services segment. Construction services segment comprises the provision of construction and upgrade services under the service concession arrangements and construction contracts.
Executives
Zhou Li Ming Director
Zhang Yong Nian senior management
Wang Shuan Ming Director
Gan Yong Yi Director
Luo Mao Quan senior management

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