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Henan Shuanghui Investment & Development Co (SZSE:000895) Interest Expense : ¥-201 Mil (TTM As of Mar. 2024)


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What is Henan Shuanghui Investment & Development Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Henan Shuanghui Investment & Development Co's interest expense for the three months ended in Mar. 2024 was ¥ -53 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-201 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. Henan Shuanghui Investment & Development Co's Operating Income for the three months ended in Mar. 2024 was ¥ 1,876 Mil. Henan Shuanghui Investment & Development Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -53 Mil. Henan Shuanghui Investment & Development Co's Interest Coverage for the quarter that ended in Mar. 2024 was 35.51. 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.

Henan Shuanghui Investment & Development Co Interest Expense Historical Data

The historical data trend for Henan Shuanghui Investment & Development 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.

Henan Shuanghui Investment & Development Co Interest Expense Chart

Henan Shuanghui Investment & Development 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 -122.08 -98.65 -130.84 -133.89 -182.05

Henan Shuanghui Investment & Development 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 -33.84 -42.18 -52.02 -54.02 -52.84

Henan Shuanghui Investment & Development 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 ¥-201 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.

Henan Shuanghui Investment & Development Co  (SZSE:000895) 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.

Henan Shuanghui Investment & Development Co's Interest Expense for the three months ended in Mar. 2024 was ¥-53 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥1,876 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥1,018 Mil.

Henan Shuanghui Investment & Development 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*1876.433/-52.843
=35.51

* 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.

Henan Shuanghui Investment & Development Co (SZSE:000895) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Henan Shuanghui Investment & Development Co Ltd (SZSE:000895) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
No. 1 Shuanghui Road, Shuanghui Tower, Henan Province, Luohe, CHN, 462000
Website
http://www.shuanghui.net
Henan Shuanghui Investment & Development Co Ltd is a China-based meat processing company. It is principally engaged in the business of slaughtering, meat food, and food processing, packaging, processing of egg products and aquatic products.
Executives
Li Kai Executives
Hu Yu Hong Supervisors
Wang Hao Jie Executives
Yang Dong Sheng Independent director
Wan Long Director
Liu Jin Tao Executives
Wen Guo Shan Executives
You Zhao Sheng Executives
Liu Song Tao Executives
Hu Yun Gong Supervisors
You Mu Executives
Qi Yong Yao Secretary Dong
Ma Xiang Jie Executives
Zhang Tai Xi Directors, executives
Qiao Hai Li Executives

Henan Shuanghui Investment & Development Co (SZSE:000895) Headlines

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