Hainan Airport Infrastructure Co (SHSE:600515) Interest Expense : ¥-588 Mil (TTM As of Mar. 2024)

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What is Hainan Airport Infrastructure Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Hainan Airport Infrastructure Co's interest expense for the three months ended in Mar. 2024 was ¥ -142 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-588 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. Hainan Airport Infrastructure Co's Operating Income for the three months ended in Mar. 2024 was ¥ 307 Mil. Hainan Airport Infrastructure Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -142 Mil. Hainan Airport Infrastructure Co's Interest Coverage for the quarter that ended in Mar. 2024 was 2.17. 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.

Hainan Airport Infrastructure Co Interest Expense Historical Data

The historical data trend for Hainan Airport Infrastructure 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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Hainan Airport Infrastructure Co Interest Expense Chart

Hainan Airport Infrastructure Co Annual Data

Trend

Dec14

Dec15

Dec16

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Dec19

Dec20

Dec21

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Dec23

Interest Expense

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-2,061.68

-3,238.52

-320.56

-667.51

-591.18

Hainan Airport Infrastructure 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															-144.23	-127.75	-150.40	-168.80	-141.53

Hainan Airport Infrastructure 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 ¥-588 Mil.

Hainan Airport Infrastructure Co (SHSE:600515) 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.

Hainan Airport Infrastructure Co's Interest Expense for the three months ended in Mar. 2024 was ¥-142 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥307 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥19,444 Mil.

Hainan Airport Infrastructure 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	*	307.117	/	-141.526
	=	2.17

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

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Hainan Airport Infrastructure Co Ltd interest coverage is 3.17, which is low.

Hainan Airport Infrastructure Co (SHSE:600515) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Hainan Airport Infrastructure Co Ltd (SHSE:600515) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

Number 5 Guoxing Road, 46th Floor, Haihang Industrial Center, Hainan Province, Haikou, CHN

Website

http://www.hnainfrastructure.com

Hainan Airport Infrastructure Co Ltd, formerly HNA Infrastructure Investment Group Co Ltd engages in the development and management of municipal infrastructure, real estate, and urban complex projects. It is also involved in the investment, construction, operation and management of airport; construction of marine projects; and construction and operation of shops at CBD city complexes, airports, ports, and docks.

Executives

Lu Xiao Ming	Director
Zhu Yu Wen	senior management
Zhang Xiang Rui	Director
Zhang Han An	Director
Shang Duo Xu	Director
Huang Qiu	Director
Chen De Hui	senior management
Ya Zhi Hui	senior management
Xia Jian Feng	senior management
Xu Xian Hong	senior management

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