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China Traditional Chinese Medicine Holdings Co (STU:WSG) Interest Expense : €-30 Mil (TTM As of Jun. 2024)


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What is China Traditional Chinese Medicine Holdings Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. China Traditional Chinese Medicine Holdings Co's interest expense for the six months ended in Jun. 2024 was € -18 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was €-30 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 Traditional Chinese Medicine Holdings Co's Operating Income for the six months ended in Jun. 2024 was € 75 Mil. China Traditional Chinese Medicine Holdings Co's Interest Expense for the six months ended in Jun. 2024 was € -18 Mil. China Traditional Chinese Medicine Holdings Co's Interest Coverage for the quarter that ended in Jun. 2024 was 4.29. 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 Traditional Chinese Medicine Holdings Co Interest Expense Historical Data

The historical data trend for China Traditional Chinese Medicine Holdings 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 Traditional Chinese Medicine Holdings Co Interest Expense Chart

China Traditional Chinese Medicine Holdings Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -38.63 -30.76 -30.85 -29.88 -25.56

China Traditional Chinese Medicine Holdings Co Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 -13.93 -16.54 -13.63 -11.98 -17.54

China Traditional Chinese Medicine Holdings 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-30 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 Traditional Chinese Medicine Holdings Co  (STU:WSG) 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 Traditional Chinese Medicine Holdings Co's Interest Expense for the six months ended in Jun. 2024 was €-18 Mil. Its Operating Income for the six months ended in Jun. 2024 was €75 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was €257 Mil.

China Traditional Chinese Medicine Holdings Co'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*75.333/-17.541
=4.29

* 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.


China Traditional Chinese Medicine Holdings Co Business Description

Traded in Other Exchanges
Address
288 Hennessy Road, Room 1601, Emperor Group Centre, Wanchai, Hong Kong, HKG
China Traditional Chinese Medicine Holdings Co Ltd is engaged in the Chinese healthcare sector. The company functions through four segments: Yi Fang, Tian Jiang, Tong Ji Tang, and Medi-World. It generates maximum revenue from the Yifang segment which mainly engages in the manufacture and sales of concentrated TCM granules (CTCMG), TCM healthcare products, and TCM decoction pieces under the Yi Fang brand. The majority of the revenue of the Yi Fang segment is derived from the sales of CTCMG. Geographically, it derives a majority of its revenue from Mainland China.

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