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Shenzhen Gas (SHSE:601139) Interest Expense : ¥-336 Mil (TTM As of Mar. 2024)


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What is Shenzhen Gas Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Shenzhen Gas's interest expense for the three months ended in Mar. 2024 was ¥ -82 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-336 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. Shenzhen Gas's Operating Income for the three months ended in Mar. 2024 was ¥ 453 Mil. Shenzhen Gas's Interest Expense for the three months ended in Mar. 2024 was ¥ -82 Mil. Shenzhen Gas's Interest Coverage for the quarter that ended in Mar. 2024 was 5.53. 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.

Shenzhen Gas Interest Expense Historical Data

The historical data trend for Shenzhen Gas'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.

Shenzhen Gas Interest Expense Chart

Shenzhen Gas 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 -188.37 -233.40 -224.72 21.02 -364.35

Shenzhen Gas 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 -110.31 116.45 -275.73 -94.76 -81.87

Shenzhen Gas 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 ¥-336 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.

Shenzhen Gas  (SHSE:601139) 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.

Shenzhen Gas's Interest Expense for the three months ended in Mar. 2024 was ¥-82 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥453 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥5,319 Mil.

Shenzhen Gas'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*453.136/-81.868
=5.53

* 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.

Shenzhen Gas (SHSE:601139) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Shenzhen Gas Corp Ltd (SHSE:601139) » Definitions » Interest Expense
Comparable Companies
SHSE:603393 SZSE:002911 SHSE:600917 SZSE:301286 SHSE:600903 SHSE:603053 SHSE:600635 SHSE:605368 SHSE:600681 SHSE:600333 XMAD:NTGY ASX:APA ATO MIL:SRG HKSE:00003 NI TSE:9531 BOM:532155 HKSE:02688 TSE:9532
Traded in Other Exchanges
N/A
Address
Mei Road 268, Futian District, Guangdong Province, Shenzhen, CHN, 518049
Website
http://www.szgas.com.cn
Shenzhen Gas Corp Ltd is engaged in urban pipeline gas supply, liquefied petroleum gas wholesale, and bottled liquefied petroleum gas retail activities in China and internationally. It serves approximately 2.54 million pipeline gas customers. The company also holds rights for pipeline gas business in around 29 cities under the Shenzhen gas brand.
Executives
Zhuo Fan Directors, senior managers
Wang Wen Jie Director
Liu Zhao Yan senior management
Guo Jia Jing senior management
Yang Jin Biao Supervisors
Liu Qiu Hui Director
Yang Guang senior management
Xue Bo senior management
Li Zhen Director
Zhang Wen He senior management
Chen Qiu Xiong Director
Sun Ping Gui senior management
Ou Da Jiang Director
Li Qing Ping senior management

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