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Shaanxi Coal Industry Co (SHSE:601225) Interest Expense : ¥-287 Mil (TTM As of Mar. 2024)


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What is Shaanxi Coal Industry Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Shaanxi Coal Industry Co's interest expense for the three months ended in Mar. 2024 was ¥ -40 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-287 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. Shaanxi Coal Industry Co's Operating Income for the three months ended in Mar. 2024 was ¥ 9,771 Mil. Shaanxi Coal Industry Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -40 Mil. Shaanxi Coal Industry Co's Interest Coverage for the quarter that ended in Mar. 2024 was 241.84. 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.


Shaanxi Coal Industry Co Interest Expense Historical Data

The historical data trend for Shaanxi Coal Industry 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.

Shaanxi Coal Industry Co Interest Expense Chart

Shaanxi Coal Industry 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 -779.38 -523.22 -462.51 -400.78 -322.81

Shaanxi Coal Industry 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 -76.59 -70.18 -48.50 -127.55 -40.40

Shaanxi Coal Industry 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 ¥-287 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.


Shaanxi Coal Industry Co  (SHSE:601225) 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.

Shaanxi Coal Industry Co's Interest Expense for the three months ended in Mar. 2024 was ¥-40 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥9,771 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥3,264 Mil.

Shaanxi Coal Industry 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*9770.883/-40.403
=241.84

* 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Shaanxi Coal Industry Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.


Shaanxi Coal Industry Co (SHSE:601225) Business Description

Traded in Other Exchanges
N/A
Address
Yanta District, Xi'an, Shaanxi Province, all the way to the 2nd Kam industry, Shaanxi Coal Chemical Group Building 19-22, Xi'an, CHN, 710065
Shaanxi Coal Industry Co Ltd is a China-based company, principally engaged in the mining, dressing by washing, transportation, and sales of coal. The company's coal products are mainly applied in power, chemical engineering, and metallurgy, among others. The company distributes its products mainly within domestic markets.

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