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Tianshan Aluminum Group Co (SZSE:002532) Interest Expense : ¥-867 Mil (TTM As of Mar. 2024)


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What is Tianshan Aluminum Group Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Tianshan Aluminum Group Co's interest expense for the three months ended in Mar. 2024 was ¥ -215 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-867 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. Tianshan Aluminum Group Co's Operating Income for the three months ended in Mar. 2024 was ¥ 1,046 Mil. Tianshan Aluminum Group Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -215 Mil. Tianshan Aluminum Group Co's Interest Coverage for the quarter that ended in Mar. 2024 was 4.86. 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.

Tianshan Aluminum Group Co Interest Expense Historical Data

The historical data trend for Tianshan Aluminum Group 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.

Tianshan Aluminum Group Co Interest Expense Chart

Tianshan Aluminum Group 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 -5.91 -826.87 -1,025.39 -916.86 -887.54

Tianshan Aluminum Group 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 -235.35 -218.02 -227.35 -206.82 -214.99

Tianshan Aluminum Group 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 ¥-867 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.

Tianshan Aluminum Group Co  (SZSE:002532) 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.

Tianshan Aluminum Group Co's Interest Expense for the three months ended in Mar. 2024 was ¥-215 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥1,046 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥6,588 Mil.

Tianshan Aluminum Group 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*1045.555/-214.991
=4.86

* 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.

Tianshan Aluminum Group Co (SZSE:002532) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Tianshan Aluminum Group Co Ltd (SZSE:002532) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
No. 1, Weiwu Road, North Industrial Park, Shihezi Development Zone, Xinjiang Uygur Autonomous Region, Xinjiang, CHN, 832014
Website
http://www.shimge.com
Tianshan Aluminum Group Co Ltd is engaged in the production and sales of primary aluminum, alumina, high-purity aluminum, pre-baked anodes, and aluminum deep-processed products and materials.
Executives
Zhang Jun Jie Directors, executives
Gui Jian Hui Executives
Zhang Jian Zhong Executives
Wang Chang Dong Executives
Yan Xian Fa Executives, directors, directors
Xu Hong Feng Director
Zhang Hong Supervisors
Guo Shu Ming Executives
Ou Yang Ya Zhi Executives
Liu Jin Xiao Supervisors
Xu Min Tian Directors, executives
Pan Bing Lin Supervisors
Ye Xing Hong Director
Wang Jian Zhong Director

Tianshan Aluminum Group Co (SZSE:002532) Headlines

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