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Henan Xinning Modern Logisics Co (SZSE:300013) Interest Expense : ¥-21.8 Mil (TTM As of Mar. 2024)


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What is Henan Xinning Modern Logisics Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Henan Xinning Modern Logisics Co's interest expense for the three months ended in Mar. 2024 was ¥ -5.4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-21.8 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 Xinning Modern Logisics Co's Operating Income for the three months ended in Mar. 2024 was ¥ -4.2 Mil. Henan Xinning Modern Logisics Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -5.4 Mil. Henan Xinning Modern Logisics 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.

Henan Xinning Modern Logisics Co Interest Expense Historical Data

The historical data trend for Henan Xinning Modern Logisics 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 Xinning Modern Logisics Co Interest Expense Chart

Henan Xinning Modern Logisics 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 -72.76 -36.13 -29.24 -25.84 -21.16

Henan Xinning Modern Logisics 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 -4.77 -5.22 -5.48 -5.69 -5.41

Henan Xinning Modern Logisics 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 ¥-21.8 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 Xinning Modern Logisics Co  (SZSE:300013) 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 Xinning Modern Logisics Co's Interest Expense for the three months ended in Mar. 2024 was ¥-5.4 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥-4.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥58.1 Mil.

Henan Xinning Modern Logisics Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Henan Xinning Modern Logisics 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.

Henan Xinning Modern Logisics Co (SZSE:300013) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Henan Xinning Modern Logisics Co Ltd (SZSE:300013) » Definitions » Interest Expense
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SZSE:002800 SZSE:001202 SHSE:600119 SZSE:300240 SZSE:001317 SZSE:300350 SHSE:603836 SZSE:002769 SHSE:603967 SHSE:603648 UPS FDX XTER:DHL XSWX:KNIN OCSE:DSV SZSE:002352 ZTO JBHT EXPD HKSE:01519
Traded in Other Exchanges
N/A
Address
No. 760, Sunshine West Road, Zhangpu Town, Jiangsu Province, Kunshan, CHN, 215326
Website
http://www.xinning.com.cn
Henan Xinning Modern Logisics Co Ltd is engaged in the provision of logistics services for international supply chains. It is engaged in supply chain integration solutions for industries such as home appliances and consumer goods.
Executives
Tan Ping Jiang Directors, executives
Wang Ya Jun Director
Ceng Zhuo Director
Director
Chen Wei Guo Executives
Jin Xue Fen Supervisors

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