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Baotailong New Materials Co (SHSE:601011) Interest Expense : ¥-100 Mil (TTM As of Mar. 2024)


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What is Baotailong New Materials Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Baotailong New Materials Co's interest expense for the three months ended in Mar. 2024 was ¥ -21 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-100 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. Baotailong New Materials Co's Operating Income for the three months ended in Mar. 2024 was ¥ -84 Mil. Baotailong New Materials Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -21 Mil. Baotailong New Materials 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.

Baotailong New Materials Co Interest Expense Historical Data

The historical data trend for Baotailong New Materials 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.

Baotailong New Materials Co Interest Expense Chart

Baotailong New Materials 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 -55.25 -108.29 -136.19 -109.62 -105.42

Baotailong New Materials 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 -25.51 -31.64 -24.31 -23.97 -20.53

Baotailong New Materials 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 ¥-100 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.

Baotailong New Materials Co  (SHSE:601011) 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.

Baotailong New Materials Co's Interest Expense for the three months ended in Mar. 2024 was ¥-21 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥-84 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥532 Mil.

Baotailong New Materials Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Baotailong New Materials 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.

Baotailong New Materials Co (SHSE:601011) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Baotailong New Materials Co Ltd (SHSE:601011) » Definitions » Interest Expense
Comparable Companies
SHSE:600997 SZSE:000655 SHSE:600792 SHSE:600397 SHSE:600408 SHSE:600740 SZSE:000723 AMR ARCH MIC:RASP HCC ASX:SMR ASX:CRN HKSE:00639 WAR:JSW SXC METC HKSE:00975 TSE:3315 TSXV:CAD
Traded in Other Exchanges
N/A
Address
Number 16 Baotailong Road, Xinxing District, Heilongjiang Province, Qitaihe, CHN, 154600
Website
http://www.btlgf.com
Baotailong New Materials Co Ltd engages in coal mining, washing, and processing operations in China. Its products include metallurgical coke, coal tar, crude benzene, coal, methanol, fusel oil, fuel oil, naphtha, coal tar pitch, etc. for steel mills and chemical companies. The company is also involved in power generation and steam production activities. It also exports its products to Russia.
Executives
Jiao Yun Director
Feng Fan Supervisors
Jiao Gui Jin senior management
Li Yu Liang senior management
Li Biao Director
Ma Qing Director
Wang Wei Zhou Director
Qin Huai Director
Jiao Yan Yan Director
Sun Ming Jun Supervisors
Chang Wan Chang Director

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