Beijing GeoEnviron Engineering & Technology (SHSE:603588) Interest Expense : ¥-510 Mil (TTM As of Sep. 2024)

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What is Beijing GeoEnviron Engineering & Technology Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Beijing GeoEnviron Engineering & Technology's interest expense for the three months ended in Sep. 2024 was ¥ -102 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ¥-510 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. Beijing GeoEnviron Engineering & Technology's Operating Income for the three months ended in Sep. 2024 was ¥ 264 Mil. Beijing GeoEnviron Engineering & Technology's Interest Expense for the three months ended in Sep. 2024 was ¥ -102 Mil. Beijing GeoEnviron Engineering & Technology's Interest Coverage for the quarter that ended in Sep. 2024 was 2.60. 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.

Beijing GeoEnviron Engineering & Technology Interest Expense Historical Data

The historical data trend for Beijing GeoEnviron Engineering & Technology'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.

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Beijing GeoEnviron Engineering & Technology Interest Expense Chart

Beijing GeoEnviron Engineering & Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-148.38

-219.04

-318.86

-355.38

-420.17

Beijing GeoEnviron Engineering & Technology Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Interest Expense	Get a 7-Day Free Trial															-72.34	-186.57	-103.37	-118.15	-101.59

Beijing GeoEnviron Engineering & Technology 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-510 Mil.

Beijing GeoEnviron Engineering & Technology (SHSE:603588) 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.

Beijing GeoEnviron Engineering & Technology's Interest Expense for the three months ended in Sep. 2024 was ¥-102 Mil. Its Operating Income for the three months ended in Sep. 2024 was ¥264 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was ¥4,992 Mil.

Beijing GeoEnviron Engineering & Technology's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2024 )	/	Interest Expense (Q: Sep. 2024 )
	=	-1	*	264.053	/	-101.592
	=	2.60

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. Beijing GeoEnviron Engineering & Technology Inc interest coverage is 2.19, which is low.

Beijing GeoEnviron Engineering & Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Beijing GeoEnviron Engineering & Technology Inc (SHSE:603588) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

BGE Building, No.9 Dijin Road, Zhongguancun Environmental Protection Park, Beiqing Road, Haidian District, Beijing, CHN, 100095

Website

http://www.bgechina.cn

Beijing GeoEnviron Engineering & Technology Inc is specialized in the environmental technology research and the provision of solutions for the pollution control system. The company provides various services such as Urban 360 Environmental Manager that removes medical waste and hazardous wastes disposal, Kitchen waste treatment, Sludge disposal and others. Industrial Environment involves treatment of industrial wastewater and treatment of industrial solid waste, and Environment Remediation is engaged in remediation of the industrial site, underground water remediation, landfill remediation and farmland remediation.

Executives

Wu Xiu Jiao	Directors, senior managers
Xiong Hui	senior management
Hu Yun Zhong	Directors, senior managers
Ling Jin Ming	Directors, senior managers
Wu Shi Hui	senior management
Chen Wang Ming	Director
Zhen Sheng Li	Supervisors
Wen Ai Guo	senior management
Liu Ze Jun	Director
Li Wei Guo	Director
Zhang Jiong	senior management
Wei Li	Directors, senior managers
He Yi Jun	Supervisors
Qi Zhi Qi	senior management
Zhao Xin	senior management

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