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China Datang Renewable Power Co (STU:DT7) Interest Expense : €-210 Mil (TTM As of Dec. 2024)


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What is China Datang Renewable Power Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. China Datang Renewable Power Co's interest expense for the six months ended in Dec. 2024 was € -104 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was €-210 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 Datang Renewable Power Co's Operating Income for the six months ended in Dec. 2024 was € 224 Mil. China Datang Renewable Power Co's Interest Expense for the six months ended in Dec. 2024 was € -104 Mil. China Datang Renewable Power Co's Interest Coverage for the quarter that ended in Dec. 2024 was 2.16. 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 Datang Renewable Power Co Interest Expense Historical Data

The historical data trend for China Datang Renewable Power 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.

China Datang Renewable Power Co Interest Expense Chart

China Datang Renewable Power Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -269.87 -295.48 -259.32 -220.39 -212.17

China Datang Renewable Power Co Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 -117.34 -112.69 -108.10 -106.00 -103.60

China Datang Renewable Power 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 Dec. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-210 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.


China Datang Renewable Power Co  (STU:DT7) 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.

China Datang Renewable Power Co's Interest Expense for the six months ended in Dec. 2024 was €-104 Mil. Its Operating Income for the six months ended in Dec. 2024 was €224 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was €5,989 Mil.

China Datang Renewable Power Co's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*223.713/-103.6
=2.16

* 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.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. China Datang Corp Renewable Power Co Ltd interest coverage is 2.96, which is low.


China Datang Renewable Power Co Business Description

Traded in Other Exchanges
Address
No. 1 Caishikou Street, 8/F, Building 1, Xicheng District, Beijing, CHN, 100053
Datang Renewable is one of China's leading wind power operators, with installed wind capacity of 14.5 gigawatts as of the end of 2024. About 77% of the total installed capacity is wind power. The company also operates solar power plants on a smaller scale. China Datang Group is the major shareholder with a controlling stake of more than 60%.

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