Zhengzhou Coal Mining Machinery Group Co (SHSE:601717) Interest Expense : ¥-368 Mil (TTM As of Mar. 2024)

View and export this data going back to 2010. Start your Free Trial

What is Zhengzhou Coal Mining Machinery Group Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Zhengzhou Coal Mining Machinery Group Co's interest expense for the three months ended in Mar. 2024 was ¥ -75 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-368 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. Zhengzhou Coal Mining Machinery Group Co's Operating Income for the three months ended in Mar. 2024 was ¥ 1,389 Mil. Zhengzhou Coal Mining Machinery Group Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -75 Mil. Zhengzhou Coal Mining Machinery Group Co's Interest Coverage for the quarter that ended in Mar. 2024 was 18.59. 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.

Zhengzhou Coal Mining Machinery Group Co Interest Expense Historical Data

The historical data trend for Zhengzhou Coal Mining Machinery Group 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.

Zhengzhou Coal Mining Machinery Group Co Interest Expense Chart

Zhengzhou Coal Mining Machinery Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-241.92

-296.08

-253.47

-283.03

-371.22

Zhengzhou Coal Mining Machinery Group 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															-78.22	-81.56	-94.66	-116.79	-74.71

Zhengzhou Coal Mining Machinery Group 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 ¥-368 Mil.

Zhengzhou Coal Mining Machinery Group Co (SHSE:601717) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Zhengzhou Coal Mining Machinery Group Co's Interest Expense for the three months ended in Mar. 2024 was ¥-75 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥1,389 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥7,239 Mil.

Zhengzhou Coal Mining Machinery Group 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	*	1388.873	/	-74.705
	=	18.59

The higher the ratio, the stronger the company's financial strength is.

Zhengzhou Coal Mining Machinery Group Co (SHSE:601717) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Zhengzhou Coal Mining Machinery Group Co Ltd (SHSE:601717) » Definitions » Interest Expense

Traded in Other Exchanges

00564:Hong Kong ZGC:Germany

Address

No. 167, 9th Street, Econ-Tech Development Zone, Henan Province, Zhengzhou, CHN, 450016

Website

https://www.zmj.com

Zhengzhou Coal Mining Machinery Group Co Ltd is an investment holding company. The company's operating segment includes the Manufacture of coal mining machinery and the Manufacture of auto parts. Geographically, the company operates in The PRC, Germany and other countries.

Executives

Fu Qi	senior management
Jia Hao	Directors, senior managers
Fu Zu Gang	Director
Huang Hua	senior management
Zhang Hai Bin	senior management
Wang Xin Ying	Director
Li Wei Ping	senior management
Zhang Ming Lin	Supervisors
Xiang Jia Yu	Director
Jiao Cheng Yao	Director
Liu Qiang	Director
Xu Ming Kai	Supervisors
Zhou Rong	Supervisors
Wang Yong Qiang	senior management
Guo De Sheng	senior management

Zhengzhou Coal Mining Machinery Group Co (SHSE:601717) Headlines

No Headlines