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Suning Universal Co (SZSE:000718) Interest Expense : ¥-100 Mil (TTM As of Mar. 2024)


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What is Suning Universal Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Suning Universal Co's interest expense for the three months ended in Mar. 2024 was ¥ -18 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-100 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. Suning Universal Co's Operating Income for the three months ended in Mar. 2024 was ¥ 132 Mil. Suning Universal Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -18 Mil. Suning Universal Co's Interest Coverage for the quarter that ended in Mar. 2024 was 7.36. 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.

Suning Universal Co Interest Expense Historical Data

The historical data trend for Suning Universal 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.

Suning Universal Co Interest Expense Chart

Suning Universal 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 -117.84 -124.25 -109.67 -139.31 -105.64

Suning Universal 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 -23.43 8.83 -20.54 -70.51 -17.90

Suning Universal 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 ¥-100 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.

Suning Universal Co  (SZSE:000718) 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.

Suning Universal Co's Interest Expense for the three months ended in Mar. 2024 was ¥-18 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥132 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥1,043 Mil.

Suning Universal 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*131.74/-17.902
=7.36

* 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.

Suning Universal Co (SZSE:000718) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Suning Universal Co Ltd (SZSE:000718) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
188 Guangzhou Road, Nanjing, CHN
Website
http://www.suning-universal.com
Suning Universal Co Ltd operates in the real estate development industry. The projects of the company include commercial estate which includes tianrun city square and suning beitang project, residential property which include suning venice, suning tianrun city, and suning mingduhui, the hotel which includes suning venice hotel, and building materials.
Executives
Jiang Li Bo Secretary, Director
Liu De Bo Executives
Li Wei Directors, executives
Li Jun Supervisors
Zhang Kang Li Director
Zhang Gui Ping Director
Ma Li Li Supervisors
Jia Sen Executives
Liu Deng Hua Secretary Dong
Wang Yong Gang Executives
Guo Ru Jin Directors, executives
Zhang Jian Guo Supervisors
Qiu Hong Tao Securities Affairs Representative
Gu Jian Hua Director
Cui Zhen Jie Executives

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