Tianjin Tianbao Energy Co (HKSE:01671) Interest Expense : HK$-14.4 Mil (TTM As of Dec. 2023)

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What is Tianjin Tianbao Energy Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Tianjin Tianbao Energy Co's interest expense for the six months ended in Dec. 2023 was HK$ -7.8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-14.4 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. Tianjin Tianbao Energy Co's Operating Income for the six months ended in Dec. 2023 was HK$ 12.1 Mil. Tianjin Tianbao Energy Co's Interest Expense for the six months ended in Dec. 2023 was HK$ -7.8 Mil. Tianjin Tianbao Energy Co's Interest Coverage for the quarter that ended in Dec. 2023 was 1.55. 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.

Tianjin Tianbao Energy Co Interest Expense Historical Data

The historical data trend for Tianjin Tianbao Energy 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.

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Tianjin Tianbao Energy Co Interest Expense Chart

Tianjin Tianbao Energy Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-7.64

-13.54

-16.20

-13.75

-14.44

Tianjin Tianbao Energy Co Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial											-8.76	-7.84	-6.28	-6.63	-7.80

Tianjin Tianbao Energy 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-14.4 Mil.

Tianjin Tianbao Energy Co (HKSE:01671) 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.

Tianjin Tianbao Energy Co's Interest Expense for the six months ended in Dec. 2023 was HK$-7.8 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$12.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$199.2 Mil.

Tianjin Tianbao Energy Co'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	*	12.121	/	-7.804
	=	1.55

The higher the ratio, the stronger the company's financial strength is.

Tianjin Tianbao Energy Co (HKSE:01671) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Tianjin Tianbao Energy Co Ltd (HKSE:01671) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

No.35, Haibin 8th Road, Tianjin Port Free Trade Zone, Tianjin, CHN, 300461

Website

https://www.tjtbny.com

Tianjin Tianbao Energy Co Ltd is a power operator in the Tianjin Port Free Trade Zone (Seaport and Lingang). The company is engaged in the cogeneration of steam, together with electricity, heating and cooling. The company's operations comprise i) power generation and supply; ii) electricity dispatch and sale; iii) development and operation of distributed photovoltaic power generation stations and iv) contractual energy management, energy conservation management services, vehicle charging sales, electric vehicle charging infrastructure operation, and wind power generation technology services. Its operating segments include Electricity dispatch and sale business, Power generation and supply business, and Others. It derives revenue from Power generation and supply business.

Executives

Yuan Andy Yun Nan	2101 Beneficial owner
Tian Jin Bao Shui Qu Tou Zi Kong Gu Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Tian Jin Tian Bao Kong Gu You Xian Gong Si	2101 Beneficial owner

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