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Liaoning Port Co (SHSE:601880) Interest Expense : ¥-479 Mil (TTM As of Mar. 2024)


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What is Liaoning Port Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Liaoning Port Co's interest expense for the three months ended in Mar. 2024 was ¥ -115 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-479 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. Liaoning Port Co's Operating Income for the three months ended in Mar. 2024 was ¥ 660 Mil. Liaoning Port Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -115 Mil. Liaoning Port Co's Interest Coverage for the quarter that ended in Mar. 2024 was 5.74. 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.

Liaoning Port Co Interest Expense Historical Data

The historical data trend for Liaoning Port 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.

Liaoning Port Co Interest Expense Chart

Liaoning Port 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 -668.09 -388.75 -632.57 -542.90 -501.45

Liaoning Port 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 -137.31 -129.51 -121.77 -112.86 -114.93

Liaoning Port 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 ¥-479 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.

Liaoning Port Co  (SHSE:601880) 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.

Liaoning Port Co's Interest Expense for the three months ended in Mar. 2024 was ¥-115 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥660 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥8,511 Mil.

Liaoning Port 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*659.557/-114.928
=5.74

* 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.

Liaoning Port Co (SHSE:601880) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Liaoning Port Co Ltd (SHSE:601880) » Definitions » Interest Expense
Comparable Companies
SHSE:601000 SHSE:601228 SZSE:000088 SZSE:001872 SZSE:002320 SZSE:000582 SHSE:601083 SHSE:600428 SHSE:600717 SHSE:601022 BOM:532921 XTER:HLAG HKSE:01919 OCSE:MAERSK B SHSE:600018 TSE:9101 TPE:2603 PHS:ICT TSE:9104 SHSE:601018
Traded in Other Exchanges
DLPTF:USA 02880:Hong Kong D7P:Germany
Address
Xingang Commercial Building, Dalian Free Trade Zone, Dayao Bay, Liaoning Province, Dalian, CHN, 116600
Website
http://www.liaoganggf.cn
Liaoning Port Co Ltd is a China-based company providing port and logistics services. It operates in seven segments: Oil/liquefied chemicals terminal and related logistics services; Container terminal and related logistics services; Bulk and general cargo terminal and related logistics services; Bulk grain terminal and related logistics services; Passenger and roll-on, roll-off terminal and related logistics services; Port value-added and ancillary services; and Automobile terminal and related logistics services.
Executives
Dong Yan Hong Director

Liaoning Port Co (SHSE:601880) Headlines

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