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Pingdingshan Tianan Coal Mining Co (SHSE:601666) Interest Expense : ¥-1,537 Mil (TTM As of Mar. 2024)


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What is Pingdingshan Tianan Coal Mining Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Pingdingshan Tianan Coal Mining Co's interest expense for the three months ended in Mar. 2024 was ¥ -388 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-1,537 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. Pingdingshan Tianan Coal Mining Co's Operating Income for the three months ended in Mar. 2024 was ¥ 1,485 Mil. Pingdingshan Tianan Coal Mining Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -388 Mil. Pingdingshan Tianan Coal Mining Co's Interest Coverage for the quarter that ended in Mar. 2024 was 3.82. 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.


Pingdingshan Tianan Coal Mining Co Interest Expense Historical Data

The historical data trend for Pingdingshan Tianan Coal Mining 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.

Pingdingshan Tianan Coal Mining Co Interest Expense Chart

Pingdingshan Tianan Coal Mining 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 -1,250.98 -1,297.90 -1,074.41 -1,172.59 -1,498.51

Pingdingshan Tianan Coal Mining 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 -349.69 -384.14 -298.48 -466.21 -388.47

Pingdingshan Tianan Coal Mining 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 ¥-1,537 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.


Pingdingshan Tianan Coal Mining Co  (SHSE:601666) 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.

Pingdingshan Tianan Coal Mining Co's Interest Expense for the three months ended in Mar. 2024 was ¥-388 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥1,485 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥12,705 Mil.

Pingdingshan Tianan Coal Mining 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*1484.947/-388.472
=3.82

* 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.


Pingdingshan Tianan Coal Mining Co (SHSE:601666) Business Description

Traded in Other Exchanges
N/A
Address
No. 21 Kuanggong Middle Road, Pingtingshan, Henan, CHN, 467000
Pingdingshan Tianan Coal Mining Co Ltd is engaged in the business of coal mining, coal washing, and processing and coal sales. The product portfolio includes power coal and smelting clean coal.
Executives
Xu Jin Feng senior management
Wang Xin Yi Directors, senior managers
Wang Qi Shan Director

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