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China High-Speed Railway Technology Co (SZSE:000008) Interest Expense : ¥-165 Mil (TTM As of Mar. 2024)


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What is China High-Speed Railway Technology Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. China High-Speed Railway Technology 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 ¥-165 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. China High-Speed Railway Technology Co's Operating Income for the three months ended in Mar. 2024 was ¥ -55 Mil. China High-Speed Railway Technology Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -40 Mil. China High-Speed Railway Technology 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.


China High-Speed Railway Technology Co Interest Expense Historical Data

The historical data trend for China High-Speed Railway Technology 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.

China High-Speed Railway Technology Co Interest Expense Chart

China High-Speed Railway Technology 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 -92.99 -128.23 -196.18 -175.59 -163.61

China High-Speed Railway Technology 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 -38.13 -43.42 -40.44 -41.62 -39.55

China High-Speed Railway Technology 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 ¥-165 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.


China High-Speed Railway Technology Co  (SZSE:000008) 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.

China High-Speed Railway Technology 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 ¥-55 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥314 Mil.

China High-Speed Railway Technology Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

China High-Speed Railway Technology 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.


China High-Speed Railway Technology Co (SZSE:000008) Business Description

Traded in Other Exchanges
N/A
Address
Gaoliangqiao Street, 16 / F, Building 1, No. 59, Haidian District, Beijing, CHN, 100044
China High-Speed Railway Technology Co Ltd is a China-based company engages in the operation and maintenance of rail transit. Its products include high power locomotive, long rail welding, and maintenance series, power supply system operation, railway intelligent equipment and station scheduling series. It provides overall solutions, core equipment, and integrated services for rail transit operations and maintenance.
Executives
Wang Zhi Quan Directors, executives
Gao Hui Supervisors
Wang Li Qun Executives
Chen Wen He Securities Affairs Representative
Lai Wei Qiang Director
Xu Jin Independent director
Chen Han Lun Supervisors
Yang Jian Supervisors

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