GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » CITIC Offshore Helicopter Co Ltd (SZSE:000099) » Definitions » Interest Expense

CITIC Offshore Helicopter Co (SZSE:000099) Interest Expense : ¥-31 Mil (TTM As of Mar. 2024)


View and export this data going back to 2000. Start your Free Trial

What is CITIC Offshore Helicopter Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. CITIC Offshore Helicopter Co's interest expense for the three months ended in Mar. 2024 was ¥ -6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-31 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. CITIC Offshore Helicopter Co's Operating Income for the three months ended in Mar. 2024 was ¥ 110 Mil. CITIC Offshore Helicopter Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -6 Mil. CITIC Offshore Helicopter Co's Interest Coverage for the quarter that ended in Mar. 2024 was 19.76. 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.

CITIC Offshore Helicopter Co Interest Expense Historical Data

The historical data trend for CITIC Offshore Helicopter 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.

CITIC Offshore Helicopter Co Interest Expense Chart

CITIC Offshore Helicopter 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 -81.49 -63.00 -61.76 -44.07 -32.05

CITIC Offshore Helicopter 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 -6.38 -8.35 -6.37 -10.95 -5.55

CITIC Offshore Helicopter 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 ¥-31 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.

CITIC Offshore Helicopter Co  (SZSE:000099) 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.

CITIC Offshore Helicopter Co's Interest Expense for the three months ended in Mar. 2024 was ¥-6 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥110 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥390 Mil.

CITIC Offshore Helicopter 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*109.721/-5.552
=19.76

* 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.

CITIC Offshore Helicopter Co (SZSE:000099) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » CITIC Offshore Helicopter Co Ltd (SZSE:000099) » Definitions » Interest Expense
Comparable Companies
SHSE:603871 SHSE:603565 SHSE:600057 SZSE:002468 SZSE:002120 SHSE:600787 SHSE:600575 SHSE:600179 SHSE:603713 SHSE:603128 UPS FDX XTER:DHL XSWX:KNIN OCSE:DSV SZSE:002352 ZTO JBHT EXPD CHRW
Traded in Other Exchanges
N/A
Address
Qilin Road, Shenzhen Heliport, Nanshan District, Shenzhen, Guangdong, CHN, 518052
Website
http://www.china-cohc.com
CITIC Offshore Helicopter Co Ltd is engaged in the development of offshore oil and development of general aviation. The business of the company includes direct sea navigation, aviation maintenance, aviation training, capital operation, and drone.
Executives
Xu Wei Jie Executives
Ning Zhi He Supervisors
Yu Jin Shu Executives
Bi Wei Director
Liu Tie Xiong Directors, executives

CITIC Offshore Helicopter Co (SZSE:000099) Headlines

No Headlines