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Guangdong Wenke Green Technology (SZSE:002775) Interest Expense : ¥-132.5 Mil (TTM As of Mar. 2024)


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What is Guangdong Wenke Green Technology Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Guangdong Wenke Green Technology's interest expense for the three months ended in Mar. 2024 was ¥ -29.9 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-132.5 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. Guangdong Wenke Green Technology's Operating Income for the three months ended in Mar. 2024 was ¥ -26.9 Mil. Guangdong Wenke Green Technology's Interest Expense for the three months ended in Mar. 2024 was ¥ -29.9 Mil. Guangdong Wenke Green Technology did not have earnings to cover the interest expense. 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.

Guangdong Wenke Green Technology Interest Expense Historical Data

The historical data trend for Guangdong Wenke Green Technology'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.

Guangdong Wenke Green Technology Interest Expense Chart

Guangdong Wenke Green Technology 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 -25.43 -42.90 -54.90 -86.11 -124.39

Guangdong Wenke Green Technology 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 -21.81 -23.53 -26.58 -52.48 -29.88

Guangdong Wenke Green Technology 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 ¥-132.5 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.

Guangdong Wenke Green Technology  (SZSE:002775) 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.

Guangdong Wenke Green Technology's Interest Expense for the three months ended in Mar. 2024 was ¥-29.9 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥-26.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥1,219.8 Mil.

Guangdong Wenke Green Technology's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Guangdong Wenke Green Technology did not have earnings to cover the interest expense.

* 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.

Guangdong Wenke Green Technology (SZSE:002775) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Guangdong Wenke Green Technology Corp Ltd (SZSE:002775) » Definitions » Interest Expense
Comparable Companies
SZSE:002811 SHSE:603183 SZSE:300844 SZSE:300649 SHSE:605287 SZSE:300949 SZSE:002628 SZSE:002789 SZSE:300597 SZSE:300746 XPAR:DG NSE:LT SHSE:601668 PWR SHSE:601390 J TSX:WSP HKSE:01800 SHSE:601186 XKRX:028260
Traded in Other Exchanges
N/A
Address
1006 Shennan Road, Floor 35, 36, Tower A, Shenzhen International Innovation Center, Futian District, Shenzhen, Guangdong, CHN
Website
http://www.wkyy.com
Guangdong Wenke Green Technology Corp Ltd is engaged in comprehensive landscaping enterprise specializing in garden landscape design, greening seedling planting, landscaping project construction and garden maintenance.
Executives
Cheng Yu Jiao Securities Affairs Representative
Li Cong Wen Director
Tian Shou Neng Directors, executives
Wang Zu Sheng Executives
Cheng Zhi Peng Executives
Ye Ding Liang Executives
Huang Zhen Yuan Executives

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