CMOC Group (SHSE:603993) Interest Expense : ¥-4,055 Mil (TTM As of Mar. 2024)

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What is CMOC Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. CMOC Group's interest expense for the three months ended in Mar. 2024 was ¥ -955 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-4,055 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. CMOC Group's Operating Income for the three months ended in Mar. 2024 was ¥ 4,161 Mil. CMOC Group's Interest Expense for the three months ended in Mar. 2024 was ¥ -955 Mil. CMOC Group's Interest Coverage for the quarter that ended in Mar. 2024 was 4.36. 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.

CMOC Group Interest Expense Historical Data

The historical data trend for CMOC Group'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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CMOC Group Interest Expense Chart

CMOC Group Annual Data

Trend

Dec14

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Dec23

Interest Expense

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-1,840.23

-1,730.29

-1,764.47

-2,795.05

-4,138.05

CMOC Group 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															-1,037.39	-991.93	-1,092.03	-1,016.70	-954.64

CMOC Group 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 ¥-4,055 Mil.

CMOC Group (SHSE:603993) 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.

CMOC Group's Interest Expense for the three months ended in Mar. 2024 was ¥-955 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥4,161 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥19,239 Mil.

CMOC Group'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	*	4161.255	/	-954.635
	=	4.36

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

CMOC Group (SHSE:603993) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » CMOC Group Ltd (SHSE:603993) » Definitions » Interest Expense

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CMCLF:USA 03993:Hong Kong D7N:Germany

Address

North of Yihe, Huamei Shan Road, Chengdong New District, Luanchuan County, Henan Province, Luoyang, CHN, 471500

Website

https://www.cmoc.com

CMOC Group Ltd is engaged in the mining and processing smelting, deep processing, trade, research, and development of molybdenum, tungsten, copper, gold, and other precious and base metals. The company has both upstream and downstream operations including molybdenum mining, processing, roasting, molybdenum chemical products, and molybdenum metal processing. The company has operating segments, namely Molybdenum Tungsten-related products, Copper and gold-related products, Niobium and Phosphorus-related products, Copper and Cobalt-related products, metal trading, and others. It derives a majority of its revenue from China.

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