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Citychamp Dartong Co (SHSE:600067) Interest Expense : ¥-254 Mil (TTM As of Mar. 2024)


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What is Citychamp Dartong Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Citychamp Dartong Co's interest expense for the three months ended in Mar. 2024 was ¥ -44 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-254 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. Citychamp Dartong Co's Operating Income for the three months ended in Mar. 2024 was ¥ 145 Mil. Citychamp Dartong Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -44 Mil. Citychamp Dartong Co's Interest Coverage for the quarter that ended in Mar. 2024 was 3.28. 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.


Citychamp Dartong Co Interest Expense Historical Data

The historical data trend for Citychamp Dartong 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.

Citychamp Dartong Co Interest Expense Chart

Citychamp Dartong 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 -264.08 -294.19 -304.85 -270.34 -266.97

Citychamp Dartong 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 -57.09 -67.43 -70.77 -71.68 -44.27

Citychamp Dartong 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 ¥-254 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.


Citychamp Dartong Co  (SHSE:600067) 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.

Citychamp Dartong Co's Interest Expense for the three months ended in Mar. 2024 was ¥-44 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥145 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥1,030 Mil.

Citychamp Dartong 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*145.167/-44.265
=3.28

* 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.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Citychamp Dartong Co Ltds earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.


Citychamp Dartong Co (SHSE:600067) Business Description

Traded in Other Exchanges
N/A
Address
No. 32 Wuyi Middle Road, Yuanhong Tower, 26F, Gulou District, Fuzhou, Fujian, CHN, 350005
Citychamp Dartong Co Ltd operates in the real estate industry and enameled wire business. The products of the real estate industry involve residential and office buildings like garden houses, villas, and integrated commercial and urban complexes. The products of enameled wire business are used in energy information industry, aerospace, rail transit, and wind power.
Executives
He Zhu Yun Supervisors
Han Guo Jian senior management
Li Chun senior management
Lin Si Yu senior management
Liu Hua Director
Xiao Lin Shou senior management
Shang Jian Guang Director

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