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CSSC Offshore & Marine Engineering (Group) Co (STU:GSZ) Interest Expense : €-14 Mil (TTM As of Mar. 2024)


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What is CSSC Offshore & Marine Engineering (Group) Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. CSSC Offshore & Marine Engineering (Group) Co's interest expense for the three months ended in Mar. 2024 was € -3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-14 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. CSSC Offshore & Marine Engineering (Group) Co's Operating Income for the three months ended in Mar. 2024 was € -3 Mil. CSSC Offshore & Marine Engineering (Group) Co's Interest Expense for the three months ended in Mar. 2024 was € -3 Mil. CSSC Offshore & Marine Engineering (Group) 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.

CSSC Offshore & Marine Engineering (Group) Co Interest Expense Historical Data

The historical data trend for CSSC Offshore & Marine Engineering (Group) 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.

CSSC Offshore & Marine Engineering (Group) Co Interest Expense Chart

CSSC Offshore & Marine Engineering (Group) 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 -46.74 -19.59 -18.35 -20.73 -14.74

CSSC Offshore & Marine Engineering (Group) 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 -4.82 -3.15 -3.43 -3.59 -3.49

CSSC Offshore & Marine Engineering (Group) 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 €-14 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.

CSSC Offshore & Marine Engineering (Group) Co  (STU:GSZ) 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.

CSSC Offshore & Marine Engineering (Group) Co's Interest Expense for the three months ended in Mar. 2024 was €-3 Mil. Its Operating Income for the three months ended in Mar. 2024 was €-3 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €437 Mil.

CSSC Offshore & Marine Engineering (Group) Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

CSSC Offshore & Marine Engineering (Group) 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.

CSSC Offshore & Marine Engineering (Group) Co (STU:GSZ) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » CSSC Offshore & Marine Engineering (Group) Co Ltd (STU:GSZ) » Definitions » Interest Expense
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SHSE:601866 SHSE:600038 SHSE:600118 SZSE:000738 SHSE:688563 SHSE:600879 SHSE:688297 SHSE:688281 SZSE:300775 SZSE:002389 GE RTX XPAR:AIR LMT BA XPAR:SAF GD TDG NOC LSE:BA.
Traded in Other Exchanges
00317:Hong Kong GSZ:Germany 600685:China
Address
No. 137 Gexin Road, 15th Floor, Marine Tower, Shipping Building, Haizhu District, Guangdong Province, Guangzhou, CHN, 510250
Website
http://comec.cssc.net.cn
CSSC Offshore & Marine Engineering (Group) Co Ltd manufactures military and civil ships and conducts off-shore engineering. The functions of the boats have a wide range, including military, patrol, rescue, and transportation. Multiple subsidiaries allow the company to produce multiple ships and supply customized maintenance for clients. The company operates through three business segments: Shipbuilding and related business, Steel Structure engineering, Ship maintenance and modification, and others.

CSSC Offshore & Marine Engineering (Group) Co (STU:GSZ) Headlines

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