China International Capital (China International Capital) Interest Expense : $-1,120 Mil (TTM As of Mar. 2024)

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What is China International Capital Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. China International Capital's interest expense for the three months ended in Mar. 2024 was $ -385 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-1,120 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. China International Capital's Operating Income for the three months ended in Mar. 2024 was $ 517 Mil. China International Capital's Interest Expense for the three months ended in Mar. 2024 was $ -385 Mil. China International Capital's Interest Coverage for the quarter that ended in Mar. 2024 was 1.34. 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.

China International Capital Interest Expense Historical Data

The historical data trend for China International Capital'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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China International Capital Interest Expense Chart

China International Capital Annual Data

Trend

Dec14

Dec15

Dec16

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Dec19

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Dec23

Interest Expense

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-840.57

-1,026.68

-1,297.90

-1,316.25

-1,504.18

China International Capital Quarterly Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-389.74	-369.77	-365.53	-	-384.65

China International Capital 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 $-1,120 Mil.

China International Capital (OTCPK:CNICF) 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.

China International Capital's Interest Expense for the three months ended in Mar. 2024 was $-385 Mil. Its Operating Income for the three months ended in Mar. 2024 was $517 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $21,210 Mil.

China International Capital'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	*	516.522	/	-384.648
	=	1.34

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

China International Capital (China International Capital) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » China International Capital Corp Ltd (OTCPK:CNICF) » Definitions » Interest Expense

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Traded in Other Exchanges

03908:Hong Kong CIM:Germany 601995:China

Address

1 Jianguomenwai Avenue, 27th and 28th Floor, China World Office 2, Chaoyang District, Beijing, CHN, 100004

Website

https://www.cicc.com

China International Capital Corp Ltd is a capital market operations company based in China. Its business is carried through investment banking, equity sales and trading, fixed income commodities and currencies, Asset Management; Wealth management, and private equity segments. The company derives its earnings predominantly from China and the rest from overseas. It generates maximum revenue from Wealth management segment.