Hainan Haiyao Co (SZSE:000566) Interest Expense : ¥-173 Mil (TTM As of Mar. 2024)

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What is Hainan Haiyao Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Hainan Haiyao Co's interest expense for the three months ended in Mar. 2024 was ¥ -38 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-173 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. Hainan Haiyao Co's Operating Income for the three months ended in Mar. 2024 was ¥ 16 Mil. Hainan Haiyao Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -38 Mil. Hainan Haiyao Co's Interest Coverage for the quarter that ended in Mar. 2024 was 0.41. 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.

Hainan Haiyao Co Interest Expense Historical Data

The historical data trend for Hainan Haiyao 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.

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Hainan Haiyao Co Interest Expense Chart

Hainan Haiyao Co Annual Data

Trend

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Dec23

Interest Expense

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-339.17

-236.25

-248.66

-218.20

-179.11

Hainan Haiyao 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															-44.11	-41.29	-40.32	-53.39	-38.47

Hainan Haiyao 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 ¥-173 Mil.

Hainan Haiyao Co (SZSE:000566) 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.

Hainan Haiyao Co's Interest Expense for the three months ended in Mar. 2024 was ¥-38 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥16 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥834 Mil.

Hainan Haiyao 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	*	15.913	/	-38.473
	=	0.41

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

Hainan Haiyao Co (SZSE:000566) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Hainan Haiyao Co Ltd (SZSE:000566) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

No.192 Nanhai Avenue, Xiuying District, Haikou, Hainan, CHN, 570105

Website

http://www.haiyao.com.cn

Hainan Haiyao Co Ltd is a China-based company engages in the research, development, manufacture, and sale of medicines and medical instrument. Its product includes cephalosporin series, stomach and intestine medicines, anti-tumor medicines, cochlear implant series, bulk drugs and intermediate series. The company distributes its products in domestic market and to overseas market. Digital China Information Service Co Ltd is a China-based company principally engaged in software and information technology (IT) service industry. Its services include technical services, agricultural informatization, application software development, special financial equipment, and integrated solutions for the financial, government, enterprises, telecommunications, agriculture, and other industries.

Executives

Li Ri Meng	Directors, executives
Bai Zhi Quan	Directors, executives
Zhou Qing Guo	Supervisors
Chen Yi Hong	Directors, executives
Wang Wei	Directors, executives
Ji Ping	Executives
Xu Li Hong	Directors, executives
Zhang Hui	Executives
Wang Jun Hong	Executives
Li Mi Sheng	Executives
Feng Bai Chang	Executives
Wang Gang	Executives
Ceng Yu Ping	Director

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