CN Energy Group (CN Energy Group) Interest Expense : $-0.71 Mil (TTM As of Sep. 2023)

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What is CN Energy Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. CN Energy Group's interest expense for the six months ended in Sep. 2023 was $ -0.44 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was $-0.71 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. CN Energy Group's Operating Income for the six months ended in Sep. 2023 was $ -1.32 Mil. CN Energy Group's Interest Expense for the six months ended in Sep. 2023 was $ -0.44 Mil. CN Energy Group 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.

CN Energy Group Interest Expense Historical Data

The historical data trend for CN Energy Group'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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CN Energy Group Interest Expense Chart

CN Energy Group Annual Data

Trend

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Interest Expense

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-0.01

-0.03

-0.16

-0.71

CN Energy Group Semi-Annual Data
	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Interest Expense	Get a 7-Day Free Trial						0.05	-0.07	-0.09	-0.28	-0.44

CN Energy Group 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-0.71 Mil.

CN Energy Group (NAS:CNEY) 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.

CN Energy Group's Interest Expense for the six months ended in Sep. 2023 was $-0.44 Mil. Its Operating Income for the six months ended in Sep. 2023 was $-1.32 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2023 was $0.03 Mil.

CN Energy Group's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

CN Energy Group did not have earnings to cover the interest expense.

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

CN Energy Group (CN Energy Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » CN Energy Group Inc (NAS:CNEY) » Definitions » Interest Expense

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Address

No. 268 Shiniu Road, Building 2-B, Room 206, Liandu District, Zhejiang Province, Lishui, CHN

Website

https://www.ir.cneny.com

CN Energy Group Inc along with its subsidiaries is a manufacturer and supplier of wood-based activated carbon that is used in pharmaceutical manufacturing, industrial manufacturing, water purification, environmental protection, and food and beverage production and a producer of biomass electricity generated in the process of producing activated carbon. The firm generates a majority of its revenue from Activated carbon.