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Shanghai Datun Energy Resourses Co (SHSE:600508) Interest Expense : ¥-103 Mil (TTM As of Mar. 2024)


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What is Shanghai Datun Energy Resourses Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Shanghai Datun Energy Resourses Co's interest expense for the three months ended in Mar. 2024 was ¥ -14 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-103 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 Datun Energy Resourses Co's Operating Income for the three months ended in Mar. 2024 was ¥ 432 Mil. Shanghai Datun Energy Resourses Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -14 Mil. Shanghai Datun Energy Resourses Co's Interest Coverage for the quarter that ended in Mar. 2024 was 30.54. 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 Datun Energy Resourses Co Interest Expense Historical Data

The historical data trend for Shanghai Datun Energy Resourses 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 Datun Energy Resourses Co Interest Expense Chart

Shanghai Datun Energy Resourses 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 -148.73 -90.34 -115.21 -101.88 -100.73

Shanghai Datun Energy Resourses 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 -12.27 -42.57 17.36 -63.25 -14.15

Shanghai Datun Energy Resourses 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 ¥-103 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 Datun Energy Resourses Co  (SHSE:600508) 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 Datun Energy Resourses Co's Interest Expense for the three months ended in Mar. 2024 was ¥-14 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥432 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥1,884 Mil.

Shanghai Datun Energy Resourses 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*431.996/-14.146
=30.54

* 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 Datun Energy Resourses Co (SHSE:600508) Business Description

Traded in Other Exchanges
N/A
Address
No. 256 Pudong South Road, Huaxia Bank Building, 12F, Pudong, Shanghai, Shanghai, CHN, 200120
Shanghai Datun Energy Resourses Co Ltd is mainly engaged in coal production and trade, washing and processing, coal mine construction, pit power generation, aluminum processing, railway transportation, machinery manufacturing, vocational and technical training and related engineering and technical services. Its products include coking coal, gas coal, gas fat coal, raw coal, washed coal, mixed coal, electrical power, and aluminum products.

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