Inner Mongolia ERDOS Resources Co (SHSE:900936) Interest Expense : $-32 Mil (TTM As of Mar. 2024)

View and export this data going back to 1995. Start your Free Trial

What is Inner Mongolia ERDOS Resources Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Inner Mongolia ERDOS Resources Co's interest expense for the three months ended in Mar. 2024 was $ -10 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-32 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. Inner Mongolia ERDOS Resources Co's Operating Income for the three months ended in Mar. 2024 was $ 47 Mil. Inner Mongolia ERDOS Resources Co's Interest Expense for the three months ended in Mar. 2024 was $ -10 Mil. Inner Mongolia ERDOS Resources Co's Interest Coverage for the quarter that ended in Mar. 2024 was 4.70. 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.

Inner Mongolia ERDOS Resources Co Interest Expense Historical Data

The historical data trend for Inner Mongolia ERDOS Resources 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.

Inner Mongolia ERDOS Resources Co Interest Expense Chart

Inner Mongolia ERDOS Resources Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-159.75

-150.59

-85.68

-49.48

-29.32

Inner Mongolia ERDOS Resources 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															-7.61	-9.63	-6.06	-6.13	-10.06

Inner Mongolia ERDOS Resources 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 $-32 Mil.

Inner Mongolia ERDOS Resources Co (SHSE:900936) 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.

Inner Mongolia ERDOS Resources Co's Interest Expense for the three months ended in Mar. 2024 was $-10 Mil. Its Operating Income for the three months ended in Mar. 2024 was $47 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $261 Mil.

Inner Mongolia ERDOS Resources 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	*	47.291	/	-10.06
	=	4.70

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

Inner Mongolia ERDOS Resources Co (SHSE:900936) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Inner Mongolia ERDOS Resources Co Ltd (SHSE:900936) » Definitions » Interest Expense

Traded in Other Exchanges

600295:China

Address

No.1, Hantai Light Textile Street, Dongsheng District, Inner Mongolia Autonomous Region, Erdos City, CHN, 017000

Website

http://www.chinaerdos.com

Inner Mongolia ERDOS Resources Co Ltd operates in the textile and garment industry. The company is mainly engaged in the cashmere clothing production. In addition, the company is also engaged in coal mining, power generation, silicon ferroalloy, chlor-alkali chemicals, fertilizers, polysilicon and other products processing and sales. Its product range consists of a cashmere sweater and other cashmere products, ferrosilicon, Si-Mn alloy, coal, calcium carbide, and polyvinyl chloride resin.

Inner Mongolia ERDOS Resources Co (SHSE:900936) Headlines

No Headlines