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BAIC BluePark New Energy Technology Co (SHSE:600733) Interest Expense : ¥-502 Mil (TTM As of Mar. 2024)


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What is BAIC BluePark New Energy Technology Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. BAIC BluePark New Energy Technology Co's interest expense for the three months ended in Mar. 2024 was ¥ -109 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-502 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. BAIC BluePark New Energy Technology Co's Operating Income for the three months ended in Mar. 2024 was ¥ -878 Mil. BAIC BluePark New Energy Technology Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -109 Mil. BAIC BluePark New Energy Technology 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.


BAIC BluePark New Energy Technology Co Interest Expense Historical Data

The historical data trend for BAIC BluePark New Energy Technology 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.

BAIC BluePark New Energy Technology Co Interest Expense Chart

BAIC BluePark New Energy Technology 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 -623.26 -972.87 -731.42 -656.07 -519.52

BAIC BluePark New Energy Technology 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 -126.43 -132.24 -125.59 -135.26 -108.93

BAIC BluePark New Energy Technology 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 ¥-502 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.


BAIC BluePark New Energy Technology Co  (SHSE:600733) 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.

BAIC BluePark New Energy Technology Co's Interest Expense for the three months ended in Mar. 2024 was ¥-109 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥-878 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥2,932 Mil.

BAIC BluePark New Energy Technology Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

BAIC BluePark New Energy Technology 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.


BAIC BluePark New Energy Technology Co (SHSE:600733) Business Description

Traded in Other Exchanges
N/A
Address
No. 5, Donghuan Middle Road, Building 12, Economic and Technological Development Zone, Beijing, CHN, 100176
BAIC BluePark New Energy Technology Co Ltd is a Chinese new energy vehicle company. It is engaged in building a new ecology and new pattern of the integration of automobile and energy, internet and artificial intelligence industry, and building a new energy vehicle technology innovation center. It owns global research and development centers in Beijing, Silicon Valley, Germany, Spain, and other areas covering electric drive assembly systems, internet, and intelligent, extended-range electric vehicle power systems.
Executives
Wang Jian Ming Supervisors
Zhang Xian Director

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