SURRF (Sun Art Retail Group) Interest Expense : $-59 Mil (TTM As of Sep. 2024)

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What is Sun Art Retail Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sun Art Retail Group's interest expense for the six months ended in Sep. 2024 was $ -30 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was $-59 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. Sun Art Retail Group's Operating Income for the six months ended in Sep. 2024 was $ 10 Mil. Sun Art Retail Group's Interest Expense for the six months ended in Sep. 2024 was $ -30 Mil. Sun Art Retail Group's Interest Coverage for the quarter that ended in Sep. 2024 was 0.32. 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.

Sun Art Retail Group Interest Expense Historical Data

The historical data trend for Sun Art Retail Group'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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Sun Art Retail Group Interest Expense Chart

Sun Art Retail Group Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Mar22

Mar23

Mar24

Interest Expense

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-97.33

-88.83

-81.96

-65.88

-59.02

Sun Art Retail Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Interest Expense	Get a 7-Day Free Trial															-33.34	-31.93	-29.19	-29.44	-29.82

Sun Art Retail Group 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 Sep. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-59 Mil.

Sun Art Retail Group (OTCPK:SURRF) 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.

Sun Art Retail Group's Interest Expense for the six months ended in Sep. 2024 was $-30 Mil. Its Operating Income for the six months ended in Sep. 2024 was $10 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2024 was $689 Mil.

Sun Art Retail Group's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2024 )	/	Interest Expense (Q: Sep. 2024 )
	=	-1	*	9.61	/	-29.819
	=	0.32

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

Sun Art Retail Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Sun Art Retail Group Ltd (OTCPK:SURRF) » Definitions » Interest Expense

Traded in Other Exchanges

SURRY:USA 06808:Hong Kong

Address

No. 255, Jiangchang Xi Road, Jingan District, Shanghai, CHN, 200436

Website

https://www.sunartretail.com

Sun Art Retail Group Ltd is engaged in the operation of brick-and-mortar stores and online sales channels in the People's Republic of China. It operates its business with hypermarkets, superstores, and membership stores under RT-Mart, RT-Super, and M-Club and generates revenue from the sales of goods to customers, membership fees, and rental from leasing areas in the hypermarket buildings. Geographically, the company generates all of its revenue from the People's Republic of China.