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Shanghai International Airport Co (SHSE:600009) Interest Expense : ¥-752 Mil (TTM As of Mar. 2024)


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What is Shanghai International Airport Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Shanghai International Airport Co's interest expense for the three months ended in Mar. 2024 was ¥ -181 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-752 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. Shanghai International Airport Co's Operating Income for the three months ended in Mar. 2024 was ¥ 497 Mil. Shanghai International Airport Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -181 Mil. Shanghai International Airport Co's Interest Coverage for the quarter that ended in Mar. 2024 was 2.74. 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.

Shanghai International Airport Co Interest Expense Historical Data

The historical data trend for Shanghai International Airport 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.

Shanghai International Airport Co Interest Expense Chart

Shanghai International Airport 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 -0.29 -0.31 -635.93 -819.07 -755.49

Shanghai International Airport 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 -184.95 -193.75 -186.47 -190.32 -181.21

Shanghai International Airport 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 ¥-752 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.

Shanghai International Airport Co  (SHSE:600009) 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.

Shanghai International Airport Co's Interest Expense for the three months ended in Mar. 2024 was ¥-181 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥497 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥17,565 Mil.

Shanghai International Airport 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*496.781/-181.214
=2.74

* 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.

Shanghai International Airport Co (SHSE:600009) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Shanghai International Airport Co Ltd (SHSE:600009) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
No. 900 Qihang Road, Pudong, Shanghai, CHN, 201207
Website
http://www.shairport.com
Shanghai International Airport Co Ltd is engaged in airport services at the Pudong International Airport in Shanghai, China. The company's principal activities consist of ground handling services for domestic and foreign airlines.
Executives
Cao Hui Fang Director
Si Kai Ming Supervisors

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