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Eurocrane (China) Co (SHSE:603966) Interest Expense : ¥-28 Mil (TTM As of Mar. 2024)


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What is Eurocrane (China) Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Eurocrane (China) Co's interest expense for the three months ended in Mar. 2024 was ¥ -7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-28 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. Eurocrane (China) Co's Operating Income for the three months ended in Mar. 2024 was ¥ 45 Mil. Eurocrane (China) Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -7 Mil. Eurocrane (China) Co's Interest Coverage for the quarter that ended in Mar. 2024 was 6.89. 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.

Eurocrane (China) Co Interest Expense Historical Data

The historical data trend for Eurocrane (China) 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.

Eurocrane (China) Co Interest Expense Chart

Eurocrane (China) 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 -11.76 -14.84 -18.13 -20.82 -26.69

Eurocrane (China) 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 -5.55 -5.48 -6.92 -8.74 -6.58

Eurocrane (China) 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 ¥-28 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.

Eurocrane (China) Co  (SHSE:603966) 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.

Eurocrane (China) Co's Interest Expense for the three months ended in Mar. 2024 was ¥-7 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥45 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥406 Mil.

Eurocrane (China) 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*45.327/-6.579
=6.89

* 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.

Eurocrane (China) Co (SHSE:603966) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Eurocrane (China) Co Ltd (SHSE:603966) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
No. 288-388, Fenyue Road, Foho New & Hi-Tech Industrial Development Zone, Jiangsu Province, Wujiang, CHN, 215211
Website
http://www.eurocranegroup.com
Eurocrane (China) Co Ltd is a manufacturer and service provider of heavy machines. Its products include lifting equipment, cranes, hoists and other industrial equipment. It offers bridge, gantry, swing arm, flexible beam, special, clean room, and explosion-proof cranes; and lifting bodies, electric hoists, transmission equipment, and engineering machinery components. The company also provides installation, inspection, repair, upgrade, maintenance, and training services, as well as spare parts. Its products are used in the equipment manufacturing, transportation and logistics, paper making, energy and electricity, automobile and shipbuilding, metal processing, aerospace.
Executives
Xu Ting Director
Peng Jia Hui senior management
Tao Feng Hua Director
Yuan Xiu Feng Director
Gu Hai Qing senior management
Jia Kai senior management
Jin Hong Ping Director
Shen Rong senior management
Zhang Che Supervisors
Jiang Hai senior management

Eurocrane (China) Co (SHSE:603966) Headlines

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