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China Enterprise Co (SHSE:600675) Interest Expense : ¥-1,028 Mil (TTM As of Mar. 2024)


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What is China Enterprise Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. China Enterprise Co's interest expense for the three months ended in Mar. 2024 was ¥ -238 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-1,028 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. China Enterprise Co's Operating Income for the three months ended in Mar. 2024 was ¥ -22 Mil. China Enterprise Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -238 Mil. China Enterprise Co did not have earnings to cover the interest expense. 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.


China Enterprise Co Interest Expense Historical Data

The historical data trend for China Enterprise 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.

China Enterprise Co Interest Expense Chart

China Enterprise 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 -662.58 -601.66 -737.24 -924.48 -1,023.74

China Enterprise 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 -233.59 -260.25 -257.76 -272.14 -237.62

China Enterprise 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 ¥-1,028 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.


China Enterprise Co  (SHSE:600675) 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.

China Enterprise Co's Interest Expense for the three months ended in Mar. 2024 was ¥-238 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥-22 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥15,830 Mil.

China Enterprise Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

China Enterprise Co did not have earnings to cover the interest expense.

* 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. China Enterprise Co Ltd interest coverage is 2.33, which is low.


China Enterprise Co (SHSE:600675) Business Description

Traded in Other Exchanges
N/A
Address
No. 2 Huashan Road, Shanghai, CHN, 200125
China Enterprise Co Ltd is principally engaged in the development and operation of real estate. The company provides housing renovation, housing loans, real estate brokerage, and other services. China Enterprise also provides repair services.

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