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Xiamen King Long Motor Group Co (SHSE:600686) Interest Expense : ¥-184 Mil (TTM As of Sep. 2024)


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What is Xiamen King Long Motor Group Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Xiamen King Long Motor Group Co's interest expense for the three months ended in Sep. 2024 was ¥ -41 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ¥-184 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. Xiamen King Long Motor Group Co's Operating Income for the three months ended in Sep. 2024 was ¥ -57 Mil. Xiamen King Long Motor Group Co's Interest Expense for the three months ended in Sep. 2024 was ¥ -41 Mil. Xiamen King Long Motor Group 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.


Xiamen King Long Motor Group Co Interest Expense Historical Data

The historical data trend for Xiamen King Long Motor Group 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.

Xiamen King Long Motor Group Co Interest Expense Chart

Xiamen King Long Motor Group 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 -126.68 -101.83 -76.72 -154.11 -195.01

Xiamen King Long Motor Group Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -51.65 -45.66 -46.43 -50.43 -41.16

Xiamen King Long Motor Group 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-184 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.


Xiamen King Long Motor Group Co  (SHSE:600686) 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.

Xiamen King Long Motor Group Co's Interest Expense for the three months ended in Sep. 2024 was ¥-41 Mil. Its Operating Income for the three months ended in Sep. 2024 was ¥-57 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was ¥4,263 Mil.

Xiamen King Long Motor Group Co's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Xiamen King Long Motor Group 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.


Xiamen King Long Motor Group Co Business Description

Traded in Other Exchanges
N/A
Address
No. 31, Donggang North Road, Huli Street, Huli District, Xiamen, CHN, 361012
Xiamen King Long Motor Group Co Ltd is a China-based global bus manufacturing group. The Company's products mainly include large-size, medium-size and light passenger buses, which are widely used in passenger, tourism, public transportation, group and special vehicles markets.

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