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Jiugui Liquor Co (SZSE:000799) Interest Expense : ¥-0 Mil (TTM As of Mar. 2024)


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What is Jiugui Liquor Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Jiugui Liquor Co's interest expense for the three months ended in Mar. 2024 was ¥ -0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-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. Jiugui Liquor Co's Operating Income for the three months ended in Mar. 2024 was ¥ 54 Mil. Jiugui Liquor Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -0 Mil. Jiugui Liquor Co's Interest Coverage for the quarter that ended in Mar. 2024 was 1,597.97. 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.

Jiugui Liquor Co Interest Expense Historical Data

The historical data trend for Jiugui Liquor 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.

Jiugui Liquor Co Interest Expense Chart

Jiugui Liquor 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 -0.10 -1.23 -6.57 -0.27 -0.19

Jiugui Liquor 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 -0.05 -0.05 -81.41 81.32 -0.03

Jiugui Liquor 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 ¥-0 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.

Jiugui Liquor Co  (SZSE:000799) 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.

Jiugui Liquor Co's Interest Expense for the three months ended in Mar. 2024 was ¥-0 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥54 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥2 Mil.

Jiugui Liquor 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*54.331/-0.034
=1,597.97

* 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Jiugui Liquor Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

Jiugui Liquor Co (SZSE:000799) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Jiugui Liquor Co Ltd (SZSE:000799) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
Luohe Street, Zhenwuying Village, Hunan province, Jishou, CHN, 410015
Website
http://www.jiuguijiu000799.com
Located in western Hunan province, Jiugui Liquor is a typical "Fuyu" flavor baijiu that is characterized with its special culture in both brewing technique and product packaging. The company's product portfolio ranges from low to subpremium segments, with the key products Neican, Jiugui, and Xiangquan respectively contributing 29%, 56% and 15% of total sales revenue in 2022. China National Cereals, Oils and Foodstuffs Corporation, commonly known as Cofco, is the controlling shareholder, with a 15.5% equity stake as of December 2022.
Executives
Tang Zhen Yu Secretary Dong
Zheng Yi Directors, executives
Li Wen Sheng Executives
Hu Xiao Xi Executives
Wang Hao Director
Wang Zhe Executives
Zhao Chun Lei Executives
Wang Yan Ru Independent director
Han Dong Executives
Yang Jian Jun Executives
Yang Bo Director

Jiugui Liquor Co (SZSE:000799) Headlines

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