Guangdong Great River Smarter Logistics Co (SZSE:002930) Interest Expense : ¥-256 Mil (TTM As of Sep. 2024)

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What is Guangdong Great River Smarter Logistics Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Guangdong Great River Smarter Logistics Co's interest expense for the three months ended in Sep. 2024 was ¥ -63 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ¥-256 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 Great River Smarter Logistics Co's Operating Income for the three months ended in Sep. 2024 was ¥ 109 Mil. Guangdong Great River Smarter Logistics Co's Interest Expense for the three months ended in Sep. 2024 was ¥ -63 Mil. Guangdong Great River Smarter Logistics Co's Interest Coverage for the quarter that ended in Sep. 2024 was 1.74. 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 Great River Smarter Logistics Co Interest Expense Historical Data

The historical data trend for Guangdong Great River Smarter Logistics 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.

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Guangdong Great River Smarter Logistics Co Interest Expense Chart

Guangdong Great River Smarter Logistics Co Annual Data

Trend

Dec14

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Dec23

Interest Expense

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-29.39

-120.40

-140.52

-231.73

-267.17

Guangdong Great River Smarter Logistics 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															-61.41	-69.43	-61.91	-61.78	-62.74

Guangdong Great River Smarter Logistics 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 ¥-256 Mil.

Guangdong Great River Smarter Logistics Co (SZSE:002930) Interest Expense Explanation

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 Great River Smarter Logistics Co's Interest Expense for the three months ended in Sep. 2024 was ¥-63 Mil. Its Operating Income for the three months ended in Sep. 2024 was ¥109 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was ¥4,871 Mil.

Guangdong Great River Smarter Logistics 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	*	109.462	/	-62.74
	=	1.74

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. Guangdong Great River Smarter Logistics Co Ltd interest coverage is 1.94, which is low.

Guangdong Great River Smarter Logistics Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Guangdong Great River Smarter Logistics Co Ltd (SZSE:002930) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

South Bank of Danshui Estuary, 3rd Floor, Administrative Building, Sanjiang Company, Shatian Town, Guangdong Province, Dongguan City, CHN, 523000

Website

http://www.grsl.cc

Guangdong Great River Smarter Logistics Co Ltd operates as a logistics company. The firm provides warehouse, loading, unloading, barrel filling, and value-added services for petrochemical products. Its Logistics chain management services include operation of terminals, warehousing, international sea freight forwarding, land international freight forwarding, domestic freight forwarding, and warehousing agents. Its transit and other services mainly include services such as transfer, transfer, direct unloading of ships and ships, and replenishment of ships.

Executives

Lin Hai Chuan	Directors, executives
Gan Yi	Directors, executives
Li Xiao Li	Executives
Huang Yun Tao	Directors, executives
Liu Yan	Supervisors
Zhong Xiao	Supervisors

Guangdong Great River Smarter Logistics Co Headlines

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