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Xiandai Investment Co (SZSE:000900) Interest Expense : ¥-1,016 Mil (TTM As of Jun. 2024)


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What is Xiandai Investment Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Xiandai Investment Co's interest expense for the three months ended in Jun. 2024 was ¥ -241 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was ¥-1,016 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. Xiandai Investment Co's Operating Income for the three months ended in Jun. 2024 was ¥ 378 Mil. Xiandai Investment Co's Interest Expense for the three months ended in Jun. 2024 was ¥ -241 Mil. Xiandai Investment Co's Interest Coverage for the quarter that ended in Jun. 2024 was 1.57. 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.

Xiandai Investment Co Interest Expense Historical Data

The historical data trend for Xiandai Investment 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.

Xiandai Investment Co Interest Expense Chart

Xiandai Investment 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 -569.78 -938.27 -942.09 -1,212.25 -1,077.39

Xiandai Investment Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -279.86 -269.61 -257.90 -248.18 -240.64

Xiandai Investment 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-1,016 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.

Xiandai Investment Co  (SZSE:000900) 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.

Xiandai Investment Co's Interest Expense for the three months ended in Jun. 2024 was ¥-241 Mil. Its Operating Income for the three months ended in Jun. 2024 was ¥378 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was ¥21,200 Mil.

Xiandai Investment Co's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2024 )/Interest Expense (Q: Jun. 2024 )
=-1*377.664/-240.643
=1.57

* 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.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Xiandai Investment Co Ltd interest coverage is 1.78, which is low.

Xiandai Investment Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Xiandai Investment Co Ltd (SZSE:000900) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
Furong South Road, Modern Plaza, No. 128, Section 2, Tianxin District, Hunan, Changsha, CHN, 410004
Website
http://www.xdtz.net
Xiandai Investment Co Ltd constructs operates and manages highway in China. The company is also involved in futures trading, finance investment and real estate activities.
Executives
Chen Min Supervisors
Du Ming Hui Executives
Yuan Yu Director
Yan Ru Yi Executives
Bao Qun Director
Zhang Ning Executives
Liu Zhong Supervisors
Ma Yu Guo Secretary Dong
Jin Yong Director
Xiao He Sheng Supervisors
Liu Gui Liang Director
Song Wei Jie Director
Liu Yu Xin Executives
Tian Ying Ming Supervisors
Liu Chu Ping Directors, executives

Xiandai Investment Co Headlines

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