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Jizhong Energy Resources Co (SZSE:000937) Interest Expense : ¥-531 Mil (TTM As of Mar. 2024)


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What is Jizhong Energy Resources Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Jizhong Energy Resources Co's interest expense for the three months ended in Mar. 2024 was ¥ -152 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-531 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. Jizhong Energy Resources Co's Operating Income for the three months ended in Mar. 2024 was ¥ 1,233 Mil. Jizhong Energy Resources Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -152 Mil. Jizhong Energy Resources Co's Interest Coverage for the quarter that ended in Mar. 2024 was 8.11. 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.

Jizhong Energy Resources Co Interest Expense Historical Data

The historical data trend for Jizhong Energy Resources 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.

Jizhong Energy Resources Co Interest Expense Chart

Jizhong Energy Resources 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 -764.47 -709.10 -707.09 -501.60 -524.64

Jizhong Energy Resources 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 -145.38 -104.28 -133.20 -141.78 -151.99

Jizhong Energy Resources 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 ¥-531 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.

Jizhong Energy Resources Co  (SZSE:000937) 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.

Jizhong Energy Resources Co's Interest Expense for the three months ended in Mar. 2024 was ¥-152 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥1,233 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥7,408 Mil.

Jizhong Energy Resources 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*1232.719/-151.992
=8.11

* 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.

Jizhong Energy Resources Co (SZSE:000937) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Jizhong Energy Resources Co Ltd (SZSE:000937) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
No. 191 Zhongxing West Street, Hebei Province, Xingtai, CHN, 054000
Website
http://www.jznygf.com
Jizhong Energy Resources Co Ltd is a China-based company engaged in coal mining and processing. It offers washed coal and sieve mixed coal products. Its main business scope covers products such as coal plates, coal chemicals and chemicals, power plates, fiberglass plates and cement plates.
Executives
Wang Yu Min Director
Cao Yao Supervisors
Guo Zhi Wu Supervisors
Liang Ri Dong Supervisors
Zhang Dang Yu Executives
Zhang Zhen Feng Supervisors
Xu Deng Wang Executives

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