GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » China Coal Energy Co Ltd (SHSE:601898) » Definitions » Interest Expense

China Coal Energy Co (SHSE:601898) Interest Expense : ¥-3,040 Mil (TTM As of Mar. 2024)


View and export this data going back to 2008. Start your Free Trial

What is China Coal Energy Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. China Coal Energy Co's interest expense for the three months ended in Mar. 2024 was ¥ -689 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-3,040 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. China Coal Energy Co's Operating Income for the three months ended in Mar. 2024 was ¥ 8,894 Mil. China Coal Energy Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -689 Mil. China Coal Energy Co's Interest Coverage for the quarter that ended in Mar. 2024 was 12.92. 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.

China Coal Energy Co Interest Expense Historical Data

The historical data trend for China Coal Energy 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.

China Coal Energy Co Interest Expense Chart

China Coal Energy 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 -4,882.12 -4,666.87 -4,093.69 -3,856.93 -3,064.81

China Coal Energy 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 -713.71 -889.38 -762.39 -699.33 -688.51

China Coal Energy 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 ¥-3,040 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.

China Coal Energy Co  (SHSE:601898) 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.

China Coal Energy Co's Interest Expense for the three months ended in Mar. 2024 was ¥-689 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥8,894 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥53,762 Mil.

China Coal Energy 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*8894.361/-688.51
=12.92

* 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.

China Coal Energy Co (SHSE:601898) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » China Coal Energy Co Ltd (SHSE:601898) » Definitions » Interest Expense
Comparable Companies
HKSE:01277 HKSE:01733 HKSE:01878 HKSE:00866 HKSE:00065 HKSE:01303 HKSE:01393 HKSE:08203 HKSE:01738 HKSE:00702 SHSE:601088 BOM:512599 ISX:BYAN NSE:COALINDIA SHSE:601225 SHSE:600188 SHSE:601699 SZSE:000983 SZSE:000933 SZSE:002128
Traded in Other Exchanges
CCOZY:USA CCOZF:USA 01898:Hong Kong CVV:Germany
Address
No. 1 Huangsidajie, Chaoyang District, Beijing, CHN, 100120
Website
https://www.chinacoalenergy.com
China Coal Energy Co Ltd is a joint-stock company. The company is a large-scale energy enterprise integrating coal production and trade, coal chemical industry, power generation, and coal mining equipment manufacturing. Its segment includes Coal; Coalchemical products; Mining machinery; Finance and Others. The company generates maximum revenue from the Coal segment.

China Coal Energy Co (SHSE:601898) Headlines

No Headlines