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Eternal Asia Supply Chain Management (SZSE:002183) Interest Expense : ¥-1,313 Mil (TTM As of Mar. 2024)


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What is Eternal Asia Supply Chain Management Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Eternal Asia Supply Chain Management's interest expense for the three months ended in Mar. 2024 was ¥ -325 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-1,313 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. Eternal Asia Supply Chain Management's Operating Income for the three months ended in Mar. 2024 was ¥ 291 Mil. Eternal Asia Supply Chain Management's Interest Expense for the three months ended in Mar. 2024 was ¥ -325 Mil. Eternal Asia Supply Chain Management's Interest Coverage for the quarter that ended in Mar. 2024 was 0.90. 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.


Eternal Asia Supply Chain Management Interest Expense Historical Data

The historical data trend for Eternal Asia Supply Chain Management'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.

Eternal Asia Supply Chain Management Interest Expense Chart

Eternal Asia Supply Chain Management 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 -1,751.77 -1,619.77 -1,449.42 -1,322.78 -1,367.64

Eternal Asia Supply Chain Management 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 -379.45 -337.27 -318.90 -332.02 -325.28

Eternal Asia Supply Chain Management 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 ¥-1,313 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.


Eternal Asia Supply Chain Management  (SZSE:002183) 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.

Eternal Asia Supply Chain Management's Interest Expense for the three months ended in Mar. 2024 was ¥-325 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥291 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥2,875 Mil.

Eternal Asia Supply Chain Management'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*291.43/-325.278
=0.90

* 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. Eternal Asia Supply Chain Management Ltd interest coverage is 1.1, which is low.


Eternal Asia Supply Chain Management (SZSE:002183) Business Description

Traded in Other Exchanges
N/A
Address
No. 3039 Shennan Middle Road, International Cultural Building, 27th Floor, Futian District, Shenzhen, CHN, 518033
Eternal Asia Supply Chain Management Ltd provides supply chain management services. It business areas cover sectors such as FMCG, IT, communications, and medical care.

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