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Weichai Power Co (WBO:WI4) Interest Expense : €-498 Mil (TTM As of Mar. 2024)


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What is Weichai Power Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Weichai Power Co's interest expense for the three months ended in Mar. 2024 was € -122 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-498 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. Weichai Power Co's Operating Income for the three months ended in Mar. 2024 was € 578 Mil. Weichai Power Co's Interest Expense for the three months ended in Mar. 2024 was € -122 Mil. Weichai Power Co's Interest Coverage for the quarter that ended in Mar. 2024 was 4.74. 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.

Weichai Power Co Interest Expense Historical Data

The historical data trend for Weichai Power 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.

Weichai Power Co Interest Expense Chart

Weichai Power 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 -158.27 -143.18 -149.74 -189.74 -430.93

Weichai Power 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 -58.35 -115.95 -112.02 -148.06 -122.07

Weichai Power 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 €-498 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.

Weichai Power Co  (WBO:WI4) 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.

Weichai Power Co's Interest Expense for the three months ended in Mar. 2024 was €-122 Mil. Its Operating Income for the three months ended in Mar. 2024 was €578 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €3,931 Mil.

Weichai Power 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*578.106/-122.072
=4.74

* 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.

Weichai Power Co (WBO:WI4) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Weichai Power Co Ltd (WBO:WI4) » Definitions » Interest Expense
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SZSE:300308 SHSE:600406 SZSE:002050 SHSE:601100 SHSE:601727 SHSE:688303 SHSE:688169 SHSE:600875 SHSE:600482 SZSE:300450 XTER:SIE XPAR:SU ETN OSTO:ATCO A ITW PH XKRX:373220 EMR AME CMI
Traded in Other Exchanges
WEICF:USA 02338:Hong Kong WI4:Germany WI4:Germany WI4:Germany 000338:China
Address
197, Section A, Fu Shou East Street, High Technology Industrial Development Zone, Shandong Province, Weifang, CHN, 261061
Website
https://www.weichaipower.com
Weichai Power Co Ltd is an industrial technology company that offers vehicles, equipment, and logistics and supply chain services in China. The operating segments of the company are 1) Engines segment includes the manufacturing and sale of engines and related parts; 2) Automobiles and automobile components include the manufacturing and sale of automobiles and automobile components other than Engines; 3) Agricultural equipment includes the manufacturing and sale of agricultural equipment (complete machineries), agricultural machineries, agricultural vehicles and related parts; 4) Intelligent logistics includes forklift trucks production, warehousing technology and supply chain solution services.

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