Sinotrans (Sinotrans) Interest Expense : $-69 Mil (TTM As of Mar. 2024)

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What is Sinotrans Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sinotrans's interest expense for the three months ended in Mar. 2024 was $ -15 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-69 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. Sinotrans's Operating Income for the three months ended in Mar. 2024 was $ 29 Mil. Sinotrans's Interest Expense for the three months ended in Mar. 2024 was $ -15 Mil. Sinotrans's Interest Coverage for the quarter that ended in Mar. 2024 was 1.97. 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.

Sinotrans Interest Expense Historical Data

The historical data trend for Sinotrans'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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Sinotrans Interest Expense Chart

Sinotrans Annual Data

Trend

Dec14

Dec15

Dec16

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Dec20

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Dec23

Interest Expense

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-80.62

-69.87

-65.42

-68.86

-72.77

Sinotrans Quarterly Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-19.03	-16.96	-20.51	-16.44	-14.85

Sinotrans 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 $-69 Mil.

Sinotrans (OTCPK:SNOTF) 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.

Sinotrans's Interest Expense for the three months ended in Mar. 2024 was $-15 Mil. Its Operating Income for the three months ended in Mar. 2024 was $29 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $977 Mil.

Sinotrans'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	*	29.216	/	-14.849
	=	1.97

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

Sinotrans (Sinotrans) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Sinotrans Ltd (OTCPK:SNOTF) » Definitions » Interest Expense

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Traded in Other Exchanges

00598:Hong Kong SIY:Germany 601598:China

Address

Building 10, No. 5 Anding Road, Sinotrans Building Tower B, Chaoyang District, Beijing, CHN, 100029

Website

http://www.sinotrans.com

Sinotrans Ltd is an integrated logistics services company. The company organizes itself into three segments: forwarding and related business, logistics business, and e-commerce business. The forwarding and related business segment, which contributes the majority of revenue, includes providing services such as freight forwarding, warehousing, storage yards, container loading and, terminal services, among others. The logistics segment provides professional and customized logistics services. The E-commerce segment includes logistics solutions for import and export e-commerce customers.

Sinotrans (Sinotrans) Headlines

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