Jinzhou Portco Co (SHSE:900952) Interest Expense : $-58.8 Mil (TTM As of Mar. 2024)

View and export this data going back to 1998. Start your Free Trial

What is Jinzhou Portco Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Jinzhou Portco Co's interest expense for the three months ended in Mar. 2024 was $ -16.4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-58.8 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. Jinzhou Portco Co's Operating Income for the three months ended in Mar. 2024 was $ 20.3 Mil. Jinzhou Portco Co's Interest Expense for the three months ended in Mar. 2024 was $ -16.4 Mil. Jinzhou Portco Co's Interest Coverage for the quarter that ended in Mar. 2024 was 1.24. 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.

Jinzhou Portco Co Interest Expense Historical Data

The historical data trend for Jinzhou Portco 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.

Jinzhou Portco Co Interest Expense Chart

Jinzhou Portco Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-75.09

-83.90

-80.62

-71.96

-58.30

Jinzhou Portco 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															-16.16	-16.20	-13.38	-12.79	-16.44

Jinzhou Portco 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 $-58.8 Mil.

Jinzhou Portco Co (SHSE:900952) 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.

Jinzhou Portco Co's Interest Expense for the three months ended in Mar. 2024 was $-16.4 Mil. Its Operating Income for the three months ended in Mar. 2024 was $20.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $220.3 Mil.

Jinzhou Portco 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	*	20.315	/	-16.441
	=	1.24

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. Jinzhou Portco Co Ltd interest coverage is 1.16, which is low.

Jinzhou Portco Co (SHSE:900952) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Jinzhou Portco Co Ltd (SHSE:900952) » Definitions » Interest Expense

Traded in Other Exchanges

600190:China

Address

No.1, Section 1, Jingang Street, Economic and Technological Development Zone, Liaoning Province, Jinzhou, CHN, 121007

Website

http://www.jinzhouport.com

Jinzhou Portco Co Ltd in China operates a port hub mainly for oil and chemical transportation, container transportation, and cargo transportation. It holds around 24 berths, including 250,000 tons of oil berths, 100,000 tons of bulk cargo berths and 100,000 tons of container-specific berths. Oil, grain, mineral powder, coal, steel, fertilizer and domestic trade containers are the main sources of supply for the company. It serves china's north and south and holds a navigation relationship with more than 100 countries and regions such as Asia, Europe, Oceania, America, and Africa.

Jinzhou Portco Co (SHSE:900952) Headlines

No Headlines