China Ruifeng Renewable Energy Holdings (HKSE:00527) Interest Expense : HK$-156.1 Mil (TTM As of Dec. 2023)

View and export this data going back to 2006. Start your Free Trial

What is China Ruifeng Renewable Energy Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. China Ruifeng Renewable Energy Holdings's interest expense for the six months ended in Dec. 2023 was HK$ -77.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-156.1 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. China Ruifeng Renewable Energy Holdings's Operating Income for the six months ended in Dec. 2023 was HK$ -6.1 Mil. China Ruifeng Renewable Energy Holdings's Interest Expense for the six months ended in Dec. 2023 was HK$ -77.0 Mil. China Ruifeng Renewable Energy Holdings 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.

China Ruifeng Renewable Energy Holdings Interest Expense Historical Data

The historical data trend for China Ruifeng Renewable Energy Holdings'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 Ruifeng Renewable Energy Holdings Interest Expense Chart

China Ruifeng Renewable Energy Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-165.33

-166.28

-179.58

-174.73

-156.14

China Ruifeng Renewable Energy Holdings 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															-84.08	-94.04	-85.14	-79.16	-76.98

China Ruifeng Renewable Energy Holdings 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 HK$-156.1 Mil.

China Ruifeng Renewable Energy Holdings (HKSE:00527) 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 Ruifeng Renewable Energy Holdings's Interest Expense for the six months ended in Dec. 2023 was HK$-77.0 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$-6.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$1,355.6 Mil.

China Ruifeng Renewable Energy Holdings's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

China Ruifeng Renewable Energy Holdings did not have earnings to cover the interest expense.

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. China Ruifeng Renewable Energy Holdings Ltds earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

China Ruifeng Renewable Energy Holdings (HKSE:00527) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » China Ruifeng Renewable Energy Holdings Ltd (HKSE:00527) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

6–8 Harbour Road, Room 1002, 10/F, Shui On Centre, Wanchai, Hong Kong, HKG

Website

http://www.c-ruifeng.com

China Ruifeng Renewable Energy Holdings Ltd is an investment holding company. It focuses on manufacturing and processing wind turbine blades and components. The company operates primarily in one business segment namely wind turbine blades to generate electrical power. The company's major operations and markets are located in the People's Republic of China.

Executives

Yuan Wanyong	2101 Beneficial owner
Filled Converge Limited	2101 Beneficial owner
Diamond Era Holdings Limited	2101 Beneficial owner
Xu Yingjie	2101 Beneficial owner
Zhang Zhixiang	2101 Beneficial owner

China Ruifeng Renewable Energy Holdings (HKSE:00527) Headlines

No Headlines