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China Railway Materials Co (SZSE:000927) Interest Expense : ¥-82 Mil (TTM As of Mar. 2024)


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What is China Railway Materials Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. China Railway Materials Co's interest expense for the three months ended in Mar. 2024 was ¥ -7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-82 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. China Railway Materials Co's Operating Income for the three months ended in Mar. 2024 was ¥ 117 Mil. China Railway Materials Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -7 Mil. China Railway Materials Co's Interest Coverage for the quarter that ended in Mar. 2024 was 17.35. 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.

China Railway Materials Co Interest Expense Historical Data

The historical data trend for China Railway Materials 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.

China Railway Materials Co Interest Expense Chart

China Railway Materials 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 -55.99 -166.34 -121.52 -106.48 -90.95

China Railway Materials 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 -15.64 -20.53 -16.45 -38.34 -6.73

China Railway Materials 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 ¥-82 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.

China Railway Materials Co  (SZSE:000927) 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.

China Railway Materials Co's Interest Expense for the three months ended in Mar. 2024 was ¥-7 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥117 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥331 Mil.

China Railway Materials 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*116.738/-6.729
=17.35

* 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.

China Railway Materials Co (SZSE:000927) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » China Railway Materials Co Ltd (SZSE:000927) » Definitions » Interest Expense
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SZSE:001213 SHSE:601333 SHSE:600125 SZSE:000557 SHSE:603111 SHSE:600368 SHSE:603680 SZSE:300587 SHSE:603069 SHSE:688569 UNP TSX:CNR TSX:CP CSX NSC SHSE:601816 WAB HKSE:01766 TSE:9022 HKSE:00066
Traded in Other Exchanges
N/A
Address
No.17 Fuxing Road, 19th Floor, Block C, Guohai Plaza, Haidian District, Beijing, CHN, 100036
Website
https://www.twgf.crmsc.com.cn
China Railway Materials Co Ltd is engaged in development of oil product supply, rail life cycle management, equipment and material supply, railway line maintenance, railway construction engineering services, bidding agency, industrial product manufacturing, and bulk commodity trading.
Executives
Zhang Jie Executives
Liu Jun Min Independent director
Xiao Jin Dong Executives

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