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Changchai Co (SZSE:200570) Interest Expense : HK$-0 Mil (TTM As of Dec. 2024)


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What is Changchai Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Changchai Co's interest expense for the three months ended in Dec. 2024 was HK$ 2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was HK$-0 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. Changchai Co's Operating Income for the three months ended in Dec. 2024 was HK$ -28 Mil. Changchai Co's Interest Expense for the three months ended in Dec. 2024 was HK$ 2 Mil. Changchai Co 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.


Changchai Co Interest Expense Historical Data

The historical data trend for Changchai 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.

Changchai Co Interest Expense Chart

Changchai Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -8.66 -7.23 -2.23 -2.00 -0.36

Changchai Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 2.70 -0.64 -1.03 -0.38 1.66

Changchai 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was HK$-0 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.


Changchai Co  (SZSE:200570) 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.

Changchai Co's Interest Expense for the three months ended in Dec. 2024 was HK$2 Mil. Its Operating Income for the three months ended in Dec. 2024 was HK$-28 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was HK$0 Mil.

Changchai Co's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

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


Changchai Co Business Description

Traded in Other Exchanges
Address
123 Huaide Middle Road, Jiangsu Province, Changzhou, CHN, 213002
Changchai Co Ltd is a China-based company engaged in the manufacture and distribution of diesel engines and related spare parts. The company specializes in the manufacture and sale of diesel engines, diesel engine fittings, and castings, gasoline engines, gasoline engine fittings, cereal harvesting machinery, rotovators, walking tractors, molds, and jigs as well as the assembly and sale of diesel engine and gasoline engine supporting sets. It mainly manufactures and sells small and medium-sized single-cylinder and multi-cylinder diesel engines under the brand of Changchai, which are often used in tractors, combine harvesters, light commercial vehicles, agriculture equipment, small-sized engineering machinery, generator sets, and ship machines.

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