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China Railway Construction (FRA:4FF) Interest Expense : €-997 Mil (TTM As of Mar. 2024)


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What is China Railway Construction Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. China Railway Construction's interest expense for the three months ended in Mar. 2024 was € -248 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-997 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 Railway Construction's Operating Income for the three months ended in Mar. 2024 was € 1,358 Mil. China Railway Construction's Interest Expense for the three months ended in Mar. 2024 was € -248 Mil. China Railway Construction's Interest Coverage for the quarter that ended in Mar. 2024 was 5.48. 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 Railway Construction Interest Expense Historical Data

The historical data trend for China Railway Construction'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.

China Railway Construction Interest Expense Chart

China Railway Construction 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 -858.88 -706.63 -835.94 -831.82 -957.95

China Railway Construction 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 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 -220.95 -193.04 -199.64 -356.55 -248.01

China Railway Construction 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 €-997 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.

China Railway Construction  (FRA:4FF) 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.

China Railway Construction's Interest Expense for the three months ended in Mar. 2024 was €-248 Mil. Its Operating Income for the three months ended in Mar. 2024 was €1,358 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €27,018 Mil.

China Railway Construction'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*1358.491/-248.006
=5.48

* 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.

China Railway Construction (FRA:4FF) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » China Railway Construction Corp Ltd (FRA:4FF) » Definitions » Interest Expense
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Traded in Other Exchanges
01186:Hong Kong 4FF:Germany 601186:China
Address
East, No. 40 Fuxing Road, Haidian District, Beijing, CHN, 100855
Website
https://www.crcc.cn
China Railway Construction Corp Ltd operates as an infrastructure construction firm. It largely derives contracting revenue. It builds railways, highways and municipal works, such as subways and light rail systems. The company also engages in survey and design, manufacturing, logistics, and property development. It operates the following business segment: Construction; Survey, Design, and Consultancy; Manufacturing; Real Estate; and Other Business Operations. Most of the firm's revenue gets dominated by the Construction segment that engages in the construction of infrastructure such as railways, highways, metropolitan railways, and real estate projects.

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