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Lijiang Yulong Tourism Co (SZSE:002033) Interest Expense : ¥-5.3 Mil (TTM As of Sep. 2024)


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What is Lijiang Yulong Tourism Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Lijiang Yulong Tourism Co's interest expense for the three months ended in Sep. 2024 was ¥ -1.4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ¥-5.3 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. Lijiang Yulong Tourism Co's Operating Income for the three months ended in Sep. 2024 was ¥ 102.8 Mil. Lijiang Yulong Tourism Co's Interest Expense for the three months ended in Sep. 2024 was ¥ -1.4 Mil. Lijiang Yulong Tourism Co's Interest Coverage for the quarter that ended in Sep. 2024 was 71.52. 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.

Lijiang Yulong Tourism Co Interest Expense Historical Data

The historical data trend for Lijiang Yulong Tourism 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.

Lijiang Yulong Tourism Co Interest Expense Chart

Lijiang Yulong Tourism 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 -4.44 -2.18 -2.17 -1.63 -4.47

Lijiang Yulong Tourism Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -1.33 -0.99 -1.20 -1.69 -1.44

Lijiang Yulong Tourism 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-5.3 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.

Lijiang Yulong Tourism Co  (SZSE:002033) 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.

Lijiang Yulong Tourism Co's Interest Expense for the three months ended in Sep. 2024 was ¥-1.4 Mil. Its Operating Income for the three months ended in Sep. 2024 was ¥102.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was ¥8.4 Mil.

Lijiang Yulong Tourism Co's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*102.846/-1.438
=71.52

* 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. Lijiang Yulong Tourism Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

Lijiang Yulong Tourism Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Lijiang Yulong Tourism Co Ltd (SZSE:002033) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
No. 760, Xianggeli Avenue, Lijiang Yulong Tourism Building, Gucheng District, Yunnan Province, Lijiang, CHN, 674100
Website
http://www.yulongtour.com
Lijiang Yulong Tourism Co Ltd is a comprehensive tourism group enterprise. It generally covers ropeway services, eco-car transportation, tourism souvenir development, hotel services, cultural performances, catering services, travel agencies and research and development of biological resources. Further, it is also involved in providing cableway services and other ancillary services. Geographically, the activities are carried out through the region of China.
Executives
Deng Li Xing Supervisors
Yang Ning Directors, executives
Liu Xiao Hua Directors, executives
Wang Xia Supervisors, within half a year of separation
Hao Gang Supervisors

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