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Shantui Construction Machinery Co (SZSE:000680) Interest Expense : ¥-36 Mil (TTM As of Mar. 2024)


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What is Shantui Construction Machinery Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Shantui Construction Machinery Co's interest expense for the three months ended in Mar. 2024 was ¥ -14 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-36 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. Shantui Construction Machinery Co's Operating Income for the three months ended in Mar. 2024 was ¥ 241 Mil. Shantui Construction Machinery Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -14 Mil. Shantui Construction Machinery Co's Interest Coverage for the quarter that ended in Mar. 2024 was 16.99. 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.

Shantui Construction Machinery Co Interest Expense Historical Data

The historical data trend for Shantui Construction Machinery 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.

Shantui Construction Machinery Co Interest Expense Chart

Shantui Construction Machinery 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 -102.52 -81.07 -50.96 -28.55 -29.81

Shantui Construction Machinery 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 -7.76 -5.48 -8.83 -7.75 -14.21

Shantui Construction Machinery 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 ¥-36 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.

Shantui Construction Machinery Co  (SZSE:000680) 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.

Shantui Construction Machinery Co's Interest Expense for the three months ended in Mar. 2024 was ¥-14 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥241 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥151 Mil.

Shantui Construction Machinery 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*241.412/-14.207
=16.99

* 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.

Shantui Construction Machinery Co (SZSE:000680) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Shantui Construction Machinery Co Ltd (SZSE:000680) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
No. 58 Taibai East Road, National Highway 327, Shantui International Business Park, High-tech Zone, Shandong province, Jining, CHN, 272073
Website
http://www.shantui.com
Shantui Construction Machinery Co Ltd is a China-based company specializing in the research and development, manufacture and sale of construction machinery products and related spare parts. Its product portfolio covers earthmoving machinery, pavement and compaction machinery, concrete machinery, excavators, loaders and other host products. The company has formed industrial bases such as bulldozers, road machinery, loaders, concrete machinery and construction machinery parts.
Executives
Wu Ru Jiang Director
Su Zi Meng Independent director
Sun Xue Ke Director
Xia Yu Wu Director
Wang Xiao Ying Supervisors
Zhang Jian Executives
Yan Kai Rong Executives
Li Dian He Executives
Yin Xiang Hua Director
Bi Yu Xin Securities Affairs Representative
Cheng Ze Hu Supervisors
Gao La Sheng Executives
Zhang Xiu Wen Directors, executives
Dong Ping Director
Wu Yu Zhong Executives

Shantui Construction Machinery Co (SZSE:000680) Headlines

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