Greatview Aseptic Packaging Co (Greatview Aseptic Packaging Co) Interest Expense : $-1.1 Mil (TTM As of Dec. 2023)

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What is Greatview Aseptic Packaging Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Greatview Aseptic Packaging Co's interest expense for the six months ended in Dec. 2023 was $ -0.5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-1.1 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. Greatview Aseptic Packaging Co's Operating Income for the six months ended in Dec. 2023 was $ 28.3 Mil. Greatview Aseptic Packaging Co's Interest Expense for the six months ended in Dec. 2023 was $ -0.5 Mil. Greatview Aseptic Packaging Co's Interest Coverage for the quarter that ended in Dec. 2023 was 55.91. 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.

Greatview Aseptic Packaging Co Interest Expense Historical Data

The historical data trend for Greatview Aseptic Packaging 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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Greatview Aseptic Packaging Co Interest Expense Chart

Greatview Aseptic Packaging Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-0.74

-0.69

-0.51

-0.78

-1.06

Greatview Aseptic Packaging Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial															-0.32	-0.28	-0.51	-0.56	-0.51

Greatview Aseptic Packaging 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-1.1 Mil.

Greatview Aseptic Packaging Co (OTCPK:GRVWF) 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.

Greatview Aseptic Packaging Co's Interest Expense for the six months ended in Dec. 2023 was $-0.5 Mil. Its Operating Income for the six months ended in Dec. 2023 was $28.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was $2.1 Mil.

Greatview Aseptic Packaging Co's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	28.289	/	-0.506
	=	55.91

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

Greatview Aseptic Packaging Co (Greatview Aseptic Packaging Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Greatview Aseptic Packaging Co Ltd (OTCPK:GRVWF) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

00468:Hong Kong 8GA:Germany

Address

No.14 Jiuxianqiao Road, A4-2nd Floor, Chaoyang District, Beijing, CHN, 100015

Website

https://www.greatviewpack.com

Greatview Aseptic Packaging Co Ltd manufactures and sells a variety of paper-based packaging products. The company's primary product categories include packaging for dairy products and noncarbonated soft drink products. The sale of packaging for dairy products generates the majority of revenue. Greatview Aseptic Packaging also sells scrap metals. The firm organizes itself into two segments based on geography: the People's Republic of China, or PRC, and International. The PRC segment generates the majority of revenue.

Greatview Aseptic Packaging Co (Greatview Aseptic Packaging Co) Headlines

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