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China Baoan Group Co (SZSE:000009) Interest Expense : ¥-561 Mil (TTM As of Jun. 2024)


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What is China Baoan Group Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. China Baoan Group Co's interest expense for the three months ended in Jun. 2024 was ¥ -133 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was ¥-561 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 Baoan Group Co's Operating Income for the three months ended in Jun. 2024 was ¥ 603 Mil. China Baoan Group Co's Interest Expense for the three months ended in Jun. 2024 was ¥ -133 Mil. China Baoan Group Co's Interest Coverage for the quarter that ended in Jun. 2024 was 4.53. 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 Baoan Group Co Interest Expense Historical Data

The historical data trend for China Baoan Group 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 Baoan Group Co Interest Expense Chart

China Baoan Group 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 -545.25 -551.86 -500.13 -558.67 -605.16

China Baoan Group Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 -143.34 -141.25 -161.16 -125.70 -133.10

China Baoan Group 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 quarterly data reported by the company within the most recent 12 months, which was ¥-561 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 Baoan Group Co  (SZSE:000009) 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 Baoan Group Co's Interest Expense for the three months ended in Jun. 2024 was ¥-133 Mil. Its Operating Income for the three months ended in Jun. 2024 was ¥603 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was ¥12,892 Mil.

China Baoan Group 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*602.962/-133.101
=4.53

* 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 Baoan Group Co Ltd interest coverage is 4.94, which is low.

China Baoan Group Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » China Baoan Group Co Ltd (SZSE:000009) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
No. 1002, Sungang East Road, Baoan Plaza, Block A, Floor 28-29, Guangdong Province, Shenzhen, CHN, 518020
Website
http://www.chinabaoan.com
China Baoan Group Co Ltd is a China-based company engaged in the business of real estate in China. In addition, it also operates a biological pharmacy and invests in high technology enterprises.
Executives
He De Hua Executives
Chen Zheng Li Directors, executives
Yang Lu Director
Zhang Qu Executives
Ceng Li Tao Supervisors
Lin Tan Su Independent director
Luo Wen Ming Executives
Guo Chao Hui Independent director
Lou Bing Executives
Qiu Ren Chu Director
Rong Yi Qiang Supervisors
Chen Tai Quan Directors, executives
Xie Yi Executives

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