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Sinopec Shanghai Petrochemical Co (FRA:SGJH) Interest Expense : €0 Mil (TTM As of Sep. 2024)


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What is Sinopec Shanghai Petrochemical Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sinopec Shanghai Petrochemical Co's interest expense for the three months ended in Sep. 2024 was € 0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was €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. Sinopec Shanghai Petrochemical Co's Operating Income for the three months ended in Sep. 2024 was € 7 Mil. Sinopec Shanghai Petrochemical Co's Interest Expense for the three months ended in Sep. 2024 was € 0 Mil. GuruFocus does not calculate Sinopec Shanghai Petrochemical Co's interest coverage with the available data. 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.


Sinopec Shanghai Petrochemical Co Interest Expense Historical Data

The historical data trend for Sinopec Shanghai Petrochemical 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.

Sinopec Shanghai Petrochemical Co Interest Expense Chart

Sinopec Shanghai Petrochemical 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 -6.90 0.93 1.68 -13.20 -18.57

Sinopec Shanghai Petrochemical 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 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 - - - - -

Sinopec Shanghai Petrochemical 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 €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.


Sinopec Shanghai Petrochemical Co  (FRA:SGJH) 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.

Sinopec Shanghai Petrochemical Co's Interest Expense for the three months ended in Sep. 2024 was €0 Mil. Its Operating Income for the three months ended in Sep. 2024 was €7 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was €0 Mil.

Sinopec Shanghai Petrochemical Co's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

GuruFocus does not calculate Sinopec Shanghai Petrochemical Co's interest coverage with the available data.

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


Sinopec Shanghai Petrochemical Co Business Description

Traded in Other Exchanges
Address
No. 48 Jinyi Road, Jinshan District, Shanghai, CHN, 200540
Sinopec Shanghai Petrochemical Co Ltd is a Chinese petrochemical company. The company's operating segment includes three reportable segments: petroleum products, chemical products, and trading of petrochemical products. It generates maximum revenue from the Petroleum products segment. The petroleum products segment is equipped with crude oil refinery facilities used to produce qualified refined gasoline, fuel, diesel oil, heavy oil, and liquefied petroleum gas, and provide raw materials for the group's downstream petrochemical processing facilities.

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