Tibet Mineral Development Co (SZSE:000762) Interest Expense : ¥-52.0 Mil (TTM As of Mar. 2024)

View and export this data going back to 1997. Start your Free Trial

What is Tibet Mineral Development Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Tibet Mineral Development Co's interest expense for the three months ended in Mar. 2024 was ¥ -12.4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-52.0 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. Tibet Mineral Development Co's Operating Income for the three months ended in Mar. 2024 was ¥ 49.7 Mil. Tibet Mineral Development Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -12.4 Mil. Tibet Mineral Development Co's Interest Coverage for the quarter that ended in Mar. 2024 was 4.02. 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.

Tibet Mineral Development Co Interest Expense Historical Data

The historical data trend for Tibet Mineral Development 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.

Tibet Mineral Development Co Interest Expense Chart

Tibet Mineral Development Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-4.62

-1.27

-3.55

-30.02

-54.67

Tibet Mineral Development 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															-15.02	-13.42	-13.00	-13.22	-12.37

Tibet Mineral Development 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 ¥-52.0 Mil.

Tibet Mineral Development Co (SZSE:000762) 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.

Tibet Mineral Development Co's Interest Expense for the three months ended in Mar. 2024 was ¥-12.4 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥49.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥1,244.7 Mil.

Tibet Mineral Development 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	*	49.726	/	-12.372
	=	4.02

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

Tibet Mineral Development Co (SZSE:000762) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Tibet Mineral Development Co Ltd (SZSE:000762) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

No. 8 Jinzhu Second Road, Zhonghe International City, Lhasa, CHN

Website

Tibet Mineral Development Co Ltd is an integrated mine development company in China, mainly engaged in R&D, production, and distribution of ferrous metal material.

Executives

Bu Qiong Ci Ren	Directors, executives
Ren Zhen Qu Zhen	Supervisors
Ni La	Executives
Gan Qi Yi	Independent director
Rao Qiong	Directors, executives
Chen Rong Fa	Director
Liu Xiao Jiang	Executives
Shen Ming Hong	Director
La Ba Jiang Cun	Executives
La Ba Ci Ren	Directors, executives
Suo Lang Duo Ji	Directors, executives

Tibet Mineral Development Co (SZSE:000762) Headlines

No Headlines