Xinhu Zhongbao Co (SHSE:600208) Interest Expense : ¥-1,949 Mil (TTM As of Mar. 2024)

View and export this data going back to 1999. Start your Free Trial

What is Xinhu Zhongbao Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Xinhu Zhongbao Co's interest expense for the three months ended in Mar. 2024 was ¥ -439 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-1,949 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. Xinhu Zhongbao Co's Operating Income for the three months ended in Mar. 2024 was ¥ 549 Mil. Xinhu Zhongbao Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -439 Mil. Xinhu Zhongbao Co's Interest Coverage for the quarter that ended in Mar. 2024 was 1.25. 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.

Xinhu Zhongbao Co Interest Expense Historical Data

The historical data trend for Xinhu Zhongbao 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.

Xinhu Zhongbao Co Interest Expense Chart

Xinhu Zhongbao Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-2,707.21

-2,685.24

-2,196.55

-1,748.03

-1,916.48

Xinhu Zhongbao 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															-406.63	-437.50	-368.98	-703.37	-439.01

Xinhu Zhongbao 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 ¥-1,949 Mil.

Xinhu Zhongbao Co (SHSE:600208) 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.

Xinhu Zhongbao Co's Interest Expense for the three months ended in Mar. 2024 was ¥-439 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥549 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥12,034 Mil.

Xinhu Zhongbao 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	*	549.312	/	-439.007
	=	1.25

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. Xinhu Zhongbao Co Ltd interest coverage is 2.23, which is low.

Xinhu Zhongbao Co (SHSE:600208) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Xinhu Zhongbao Co Ltd (SHSE:600208) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

Hexing Road, Zhongshan Road, Zhejiang Province, Jiaxing, CHN, 310007

Website

http://www.600208.net

Xinhu Zhongbao Co Ltd is a China based company engaged in the development and sale of real estate. In addition, the company is also engaged in other financial operations and investments.

Executives

Pan Xiao Na	Director
Zhao Wei Qing	Director
Zhou Dan Cheng	senior management
Yu Di Feng	Director
Lin Jun Bo	Director
Lu Xiang	Supervisors
Qian Chun	Director
Lin Xing	Director
Chen Qian	senior management
Shen Jian Wei	Supervisors

Xinhu Zhongbao Co (SHSE:600208) Headlines

No Headlines