Beijing Enterprises Water Group (HKSE:00371) Interest Expense : HK$-3,553 Mil (TTM As of Dec. 2023)

View and export this data going back to 1993. Start your Free Trial

What is Beijing Enterprises Water Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Beijing Enterprises Water Group's interest expense for the six months ended in Dec. 2023 was HK$ -1,827 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-3,553 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. Beijing Enterprises Water Group's Operating Income for the six months ended in Dec. 2023 was HK$ 2,055 Mil. Beijing Enterprises Water Group's Interest Expense for the six months ended in Dec. 2023 was HK$ -1,827 Mil. Beijing Enterprises Water Group's Interest Coverage for the quarter that ended in Dec. 2023 was 1.12. 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.

Beijing Enterprises Water Group Interest Expense Historical Data

The historical data trend for Beijing Enterprises Water Group'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.

Beijing Enterprises Water Group Interest Expense Chart

Beijing Enterprises Water Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-2,411.78

-2,524.86

-2,685.48

-3,070.79

-3,553.10

Beijing Enterprises Water Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial															-1,345.68	-1,402.34	-1,668.45	-1,726.00	-1,827.10

Beijing Enterprises Water Group 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-3,553 Mil.

Beijing Enterprises Water Group (HKSE:00371) 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.

Beijing Enterprises Water Group's Interest Expense for the six months ended in Dec. 2023 was HK$-1,827 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$2,055 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$68,406 Mil.

Beijing Enterprises Water Group's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	2055.091	/	-1827.095
	=	1.12

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. Beijing Enterprises Water Group Ltd interest coverage is 1.63, which is low.

Beijing Enterprises Water Group (HKSE:00371) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Beijing Enterprises Water Group Ltd (HKSE:00371) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

BJWTF:USA HUN2:Germany

Address

18 Harbour Road, Rooms 6706-07, 67th Floor, Central Plaza, Wanchai, Hong Kong, HKG

Website

https://www.bewg.net

Beijing Enterprises Water Group Ltd is a provider of waste treatment services in China. The company's business segments are Sewage and reclaimed water treatment and construction services, Water distribution services, and Technical and consultancy services and sales of machineries. Majority of the revenue is derived from Sewage and reclaimed water treatment and construction services segment.

Executives

Beijing Enterprises Group Company Limited
Beijing Enterprises Group (bvi) Company Limited
Beijing Enterprises Holdings Limited
Beijing Enterprises Investments Limited
Modern Orient Limited
Zhong Guo Chang Jiang San Xia Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Chang Jiang Sheng Tai Huan Bao Xiang Gang Tou Zi You Xian Gong Si	2101 Beneficial owner
Chang Jiang Sheng Tai Huan Bao Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
San Xia Zi Ben Kong Gu Xiang Gang You Xian Gong Si	2101 Beneficial owner
San Xia Zi Ben Kong Gu You Xian Ze Ren Gong Si	2201 Interest of corporation controlled by you

Beijing Enterprises Water Group (HKSE:00371) Headlines

No Headlines