GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » China Nonferrous Mining Corp Ltd (HKSE:01258) » Definitions » Interest Expense

China Nonferrous Mining (HKSE:01258) Interest Expense : HK$-257 Mil (TTM As of Dec. 2023)


View and export this data going back to 2012. Start your Free Trial

What is China Nonferrous Mining Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. China Nonferrous Mining's interest expense for the six months ended in Dec. 2023 was HK$ -106 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-257 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. China Nonferrous Mining's Operating Income for the six months ended in Dec. 2023 was HK$ 2,055 Mil. China Nonferrous Mining's Interest Expense for the six months ended in Dec. 2023 was HK$ -106 Mil. China Nonferrous Mining's Interest Coverage for the quarter that ended in Dec. 2023 was 19.42. 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.


China Nonferrous Mining Interest Expense Historical Data

The historical data trend for China Nonferrous Mining'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.

China Nonferrous Mining Interest Expense Chart

China Nonferrous Mining 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 -129.99 -286.99 -291.03 -264.08 -256.13

China Nonferrous Mining 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 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 -150.51 -109.81 -155.15 -150.78 -105.80

China Nonferrous Mining 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$-257 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.


China Nonferrous Mining  (HKSE:01258) 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.

China Nonferrous Mining's Interest Expense for the six months ended in Dec. 2023 was HK$-106 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$0 Mil.

China Nonferrous Mining'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*2054.844/-105.799
=19.42

* 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.


China Nonferrous Mining (HKSE:01258) Business Description

Traded in Other Exchanges
Address
32 Enos Chomba Road, Kitwe, ZMB
China Nonferrous Mining Corp Ltd is engaged in the exploration, mining, ore processing, leaching, smelting of copper and cobalt, and sale of copper cathodes, blister copper, and copper anodes, copper-cobalt alloy, cobaltous hydroxide, and sulfuric acid. Its operating segments are Leaching and Smelting. The majority of the company's revenue is derived from the Smelting segment. The smelting segment includes the production and sale of blister and copper anodes. Geographically, it derives a majority of revenue from Mainland China.
Executives
Zhong Guo You Se Kuang Ye Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Zhong Guo You Se Jin Shu Jian She Gu Fen You Xian Gong Si 2101 Beneficial owner

China Nonferrous Mining (HKSE:01258) Headlines

No Headlines