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Guangshen Railway Co (SHSE:601333) Interest Expense : ¥-40 Mil (TTM As of Mar. 2024)


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What is Guangshen Railway Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Guangshen Railway Co's interest expense for the three months ended in Mar. 2024 was ¥ -27 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-40 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. Guangshen Railway Co's Operating Income for the three months ended in Mar. 2024 was ¥ 764 Mil. Guangshen Railway Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -27 Mil. Guangshen Railway Co's Interest Coverage for the quarter that ended in Mar. 2024 was 27.92. 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.

Guangshen Railway Co Interest Expense Historical Data

The historical data trend for Guangshen Railway 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.

Guangshen Railway Co Interest Expense Chart

Guangshen Railway 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 -57.67 -57.63 -67.65 -13.49 -40.97

Guangshen Railway 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 -28.80 -27.91 -26.37 42.11 -27.36

Guangshen Railway 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 ¥-40 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.

Guangshen Railway Co  (SHSE:601333) 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.

Guangshen Railway Co's Interest Expense for the three months ended in Mar. 2024 was ¥-27 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥764 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥2,107 Mil.

Guangshen Railway 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*764.061/-27.363
=27.92

* 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.

Guangshen Railway Co (SHSE:601333) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Guangshen Railway Co Ltd (SHSE:601333) » Definitions » Interest Expense
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SZSE:001213 SZSE:000927 SHSE:600125 SZSE:000557 SHSE:603680 SHSE:603111 SHSE:603069 SHSE:600368 SZSE:300587 SHSE:688569 UNP TSX:CNR TSX:CP CSX NSC SHSE:601816 WAB HKSE:01766 TSE:9022 HKSE:00066
Traded in Other Exchanges
GNGYF:USA 00525:Hong Kong GRCH:Germany
Address
No. 1052, Heping Road, Guangdong Province, Luohu District, Shenzhen, CHN, 518010
Website
https://www.gsrc.com
Guangshen Railway Co Ltd is one of the key railway operators in southern China's relatively prosperous Guangdong province. It provides both passenger and freight transportation through its wholly owned Guangzhou Shenzhen intercity express rail line and Guangzhou Pingshi rail line, as well as a few long-distance passenger lines. Its operating segment includes The Railway Transportation Business and others. The majority of revenue is generated from the railway transportation business segment.

Guangshen Railway Co (SHSE:601333) Headlines

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