China Resources Building Materials Technology Holdings (STU:C44) Interest Expense : €-68 Mil (TTM As of Jun. 2024)

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What is China Resources Building Materials Technology Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. China Resources Building Materials Technology Holdings's interest expense for the three months ended in Jun. 2024 was € -15 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was €-68 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. China Resources Building Materials Technology Holdings's Operating Income for the three months ended in Jun. 2024 was € 36 Mil. China Resources Building Materials Technology Holdings's Interest Expense for the three months ended in Jun. 2024 was € -15 Mil. China Resources Building Materials Technology Holdings's Interest Coverage for the quarter that ended in Jun. 2024 was 2.35. 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.

China Resources Building Materials Technology Holdings Interest Expense Historical Data

The historical data trend for China Resources Building Materials Technology Holdings'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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China Resources Building Materials Technology Holdings Interest Expense Chart

China Resources Building Materials Technology Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-52.29

-29.02

-26.32

-40.79

-68.81

China Resources Building Materials Technology Holdings Quarterly Data
	Dec16	Jun17	Sep17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Interest Expense	Get a 7-Day Free Trial															-17.54	-17.79	-17.51	-15.29	-17.86

China Resources Building Materials Technology Holdings 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-68 Mil.

China Resources Building Materials Technology Holdings (STU:C44) 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.

China Resources Building Materials Technology Holdings's Interest Expense for the three months ended in Jun. 2024 was €-15 Mil. Its Operating Income for the three months ended in Jun. 2024 was €36 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was €1,522 Mil.

China Resources Building Materials Technology Holdings's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Jun. 2024 )	/	Interest Expense (Q: Jun. 2024 )
	=	-1	*	35.864	/	-15.288
	=	2.35

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

China Resources Building Materials Technology Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » China Resources Building Materials Technology Holdings Ltd (STU:C44) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

CJRCF:USA CARCY:USA 01313:Hong Kong C44:Germany

Address

26 Harbour Road, Room 3001-05, China Resources Building, Wanchai, Hong Kong, HKG

Website

https://www.crcement.com

China Resources Building Materials, or CRBM, mainly engages in the production and sale of cement, clinker, and concrete in Southern China. The company was established in 2003, with parent company China Resources Group holding 68% of its total equity stake. While cement and clinker products have been the largest contributors to CRBM's earnings historically, the firm has actively forayed into related sectors such as aggregates and engineered stones in recent years. Its major customers include real estate and infrastructure builders in provinces such as Guangdong, Guangxi, and Fujian.

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