Yantai Changyu Pioneer Wine Co (SZSE:000869) Interest Expense : ¥-36 Mil (TTM As of Mar. 2024)

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What is Yantai Changyu Pioneer Wine Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Yantai Changyu Pioneer Wine Co's interest expense for the three months ended in Mar. 2024 was ¥ -7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-36 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. Yantai Changyu Pioneer Wine Co's Operating Income for the three months ended in Mar. 2024 was ¥ 222 Mil. Yantai Changyu Pioneer Wine Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -7 Mil. Yantai Changyu Pioneer Wine Co's Interest Coverage for the quarter that ended in Mar. 2024 was 34.05. 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.

Yantai Changyu Pioneer Wine Co Interest Expense Historical Data

The historical data trend for Yantai Changyu Pioneer Wine 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.

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Yantai Changyu Pioneer Wine Co Interest Expense Chart

Yantai Changyu Pioneer Wine Co Annual Data

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Interest Expense

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-49.07

-34.39

-28.85

-26.86

-35.80

Yantai Changyu Pioneer Wine 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															-6.67	-5.66	-6.34	-17.14	-6.52

Yantai Changyu Pioneer Wine 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 ¥-36 Mil.

Yantai Changyu Pioneer Wine Co (SZSE:000869) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Yantai Changyu Pioneer Wine Co's Interest Expense for the three months ended in Mar. 2024 was ¥-7 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥222 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥136 Mil.

Yantai Changyu Pioneer Wine 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	*	222.084	/	-6.522
	=	34.05

The higher the ratio, the stronger the company's financial strength is.

Yantai Changyu Pioneer Wine Co (SZSE:000869) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Yantai Changyu Pioneer Wine Co Ltd (SZSE:000869) » Definitions » Interest Expense

Traded in Other Exchanges

200869:China

Address

56 Dama Road, Shandong, Yantai, CHN, 264000

Website

http://www.changyu.com.cn

Yantai Changyu Pioneer Wine Co Ltd produces and sells wine, brandy, and champagne. The company's brands include Changyu, Jiebaina, AFIP, Koyac, and Tinlot Reserva. Wine sales account for more than three-quarters of the company's total revenue. Yantai possesses vineyards in several Chinese provinces suitable for wine grape growing, such as Shandong, Ningxia, Xinjiang, Liaoning, Hebei, and Shanxi. Nearly all of the company's sales are in China, with the small amount of remaining revenue coming from France and Spain.

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