GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Shenzhen Tonge Group Co Ltd (SZSE:000090) » Definitions » Interest Expense

Shenzhen Tonge Group Co (SZSE:000090) Interest Expense : ¥-309 Mil (TTM As of Mar. 2024)


View and export this data going back to 1999. Start your Free Trial

What is Shenzhen Tonge Group Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Shenzhen Tonge Group Co's interest expense for the three months ended in Mar. 2024 was ¥ -64 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-309 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. Shenzhen Tonge Group Co's Operating Income for the three months ended in Mar. 2024 was ¥ 194 Mil. Shenzhen Tonge Group Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -64 Mil. Shenzhen Tonge Group Co's Interest Coverage for the quarter that ended in Mar. 2024 was 3.01. 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.

Shenzhen Tonge Group Co Interest Expense Historical Data

The historical data trend for Shenzhen Tonge 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.

Shenzhen Tonge Group Co Interest Expense Chart

Shenzhen Tonge 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 -187.82 -230.18 -335.52 -455.12 -322.16

Shenzhen Tonge Group Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -77.32 -88.80 -77.92 -78.11 -64.50

Shenzhen Tonge 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-309 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.

Shenzhen Tonge Group Co  (SZSE:000090) 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.

Shenzhen Tonge Group Co's Interest Expense for the three months ended in Mar. 2024 was ¥-64 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥194 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥9,878 Mil.

Shenzhen Tonge Group Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*194.048/-64.498
=3.01

* 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.

Shenzhen Tonge Group Co (SZSE:000090) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Shenzhen Tonge Group Co Ltd (SZSE:000090) » Definitions » Interest Expense
Comparable Companies
SHSE:600502 SZSE:000498 SZSE:000928 SHSE:603153 SZSE:002482 SZSE:002081 SZSE:002051 SZSE:003013 SHSE:601886 SHSE:603698 XPAR:DG NSE:LT PWR SHSE:601668 SHSE:601390 TSX:WSP EME J HKSE:01800 XKRX:028260
Traded in Other Exchanges
N/A
Address
No. 7058 Hongli West Road, City Administration Building, 7-8F, Futian District, Shenzhen, Guangdong, CHN, 518034
Website
http://www.tonge.com.cn
Shenzhen Tonge Group Co Ltd is an engineering and construction industry. The company is engaged in urban construction, comprehensive development, and urban services.
Executives
Jiang Jian Executives
Han De Hong Director
Xiao Jie An Supervisors
He Yun Wu Executives
Tong Qing Huo Director
Zhou Zhi Ming Supervisors
Lu Wei Hong Securities Affairs Representative
Li Zi Xiang Director
Fu Xiong Yi Executives
Wang Cheng Mei Supervisors
Jiang Yong Gui Directors, executives
Wei Zhi Executives
Yan Ji Pei Executives, supervisors
Xu Zhao Song Executives

Shenzhen Tonge Group Co (SZSE:000090) Headlines

No Headlines