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Guangdong Fangyuan Environment Co (SHSE:688148) Interest Expense : ¥-76 Mil (TTM As of Mar. 2024)


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What is Guangdong Fangyuan Environment Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Guangdong Fangyuan Environment Co's interest expense for the three months ended in Mar. 2024 was ¥ -23 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-76 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. Guangdong Fangyuan Environment Co's Operating Income for the three months ended in Mar. 2024 was ¥ 24 Mil. Guangdong Fangyuan Environment Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -23 Mil. Guangdong Fangyuan Environment Co's Interest Coverage for the quarter that ended in Mar. 2024 was 1.03. 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.

Guangdong Fangyuan Environment Co Interest Expense Historical Data

The historical data trend for Guangdong Fangyuan Environment 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.

Guangdong Fangyuan Environment Co Interest Expense Chart

Guangdong Fangyuan Environment Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -17.03 -8.61 -20.52 -26.95 -62.75

Guangdong Fangyuan Environment Co Quarterly Data
Dec18 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 -9.32 -13.95 -24.28 -15.19 -22.97

Guangdong Fangyuan Environment 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 ¥-76 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.

Guangdong Fangyuan Environment Co  (SHSE:688148) 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.

Guangdong Fangyuan Environment Co's Interest Expense for the three months ended in Mar. 2024 was ¥-23 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥24 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥1,275 Mil.

Guangdong Fangyuan Environment 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*23.651/-22.971
=1.03

* 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.

Guangdong Fangyuan Environment Co (SHSE:688148) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Guangdong Fangyuan Environment Co Ltd (SHSE:688148) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
No. 11, Area A, Lingang Industrial Park, Gujing Town, Xinhui District, Guangdong Province, Jiangmen, CHN, 529145
Website
http://www.fyhbchina.com
Guangdong Fangyuan Environment Co Ltd is engaged in the research and development, production and sales of lithium battery ternary cathode material precursors and nickel battery cathode materials.
Executives
Zhu Hong Bin senior management
Zhang Bin senior management
Luo Ai Ping Directors, senior managers, core technical personn
Chen Jian Liang senior management
Zhu Zhi Jun Core technical personnel
Wu Fang Directors, senior managers, core technical personn
Liu Jing Xing Senior management, core technical personnel
Lin Jie Ping senior management
Long Quan An Directors, senior managers, core technical personn
Xie Song Shu Directors, senior managers, core technical personn

Guangdong Fangyuan Environment Co (SHSE:688148) Headlines

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