China Tianrui Group Cement Co (HKSE:01252) Interest Expense : HK$-1,260 Mil (TTM As of Dec. 2023)

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What is China Tianrui Group Cement Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. China Tianrui Group Cement Co's interest expense for the six months ended in Dec. 2023 was HK$ -812 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-1,260 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 Tianrui Group Cement Co's Operating Income for the six months ended in Dec. 2023 was HK$ 259 Mil. China Tianrui Group Cement Co's Interest Expense for the six months ended in Dec. 2023 was HK$ -812 Mil. China Tianrui Group Cement Co's Interest Coverage for the quarter that ended in Dec. 2023 was 0.32. 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 Tianrui Group Cement Co Interest Expense Historical Data

The historical data trend for China Tianrui Group Cement 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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China Tianrui Group Cement Co Interest Expense Chart

China Tianrui Group Cement Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-1,288.61

-1,400.08

-1,226.25

-1,154.00

-1,260.09

China Tianrui Group Cement 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															-606.88	-597.60	-584.68	-447.63	-812.46

China Tianrui Group Cement 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 HK$-1,260 Mil.

China Tianrui Group Cement Co (HKSE:01252) 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 Tianrui Group Cement Co's Interest Expense for the six months ended in Dec. 2023 was HK$-812 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$259 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$5,063 Mil.

China Tianrui Group Cement 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	*	259.365	/	-812.458
	=	0.32

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 Tianrui Group Cement Co Ltds earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

China Tianrui Group Cement Co (HKSE:01252) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » China Tianrui Group Cement Co Ltd (HKSE:01252) » Definitions » Interest Expense

Traded in Other Exchanges

T18:Germany

Address

No. 63 Guangcheng East Road, Henan Province, Ruzhou, CHN, 467500

Website

http://www.trcement.com

China Tianrui Group Cement Co Ltd, along with its subsidiaries, is engaged in the excavation of limestone, the production, and sale of cement and clinker. The company is organized into two geographic segments: Central China and Northeastern China of which Central China contributes the vast majority of total revenue.

Executives

Li Fengluan	2201 Interest of corporation controlled by you
Li Liufa	2201 Interest of corporation controlled by you
Tianrui (international) Holding Company Limited	2201 Interest of corporation controlled by you
Tianrui Group Company Limited	2201 Interest of corporation controlled by you
Yu Kuo Company Limited	2101 Beneficial owner
Carosse Limited	2201 Interest of corporation controlled by you
Holy Eagle Company Limited	2201 Interest of corporation controlled by you
Yu Qi Company Limited	2201 Interest of corporation controlled by you
China Cinda Asset Management Co., Ltd.	2201 Interest of corporation controlled by you
China Huarong (macau) International Company Limited	2201 Interest of corporation controlled by you
Zhong Guo Hua Rong Zi Chan Guan Li Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Zhong Guo Jin Chu Kou Yin Xing	2106 Person having a security interest in shares
Wu Tong Shu Tou Zi Ping Tai You Xian Ze Ren Gong Si	2201 Interest of corporation controlled by you
Best Ego Limited	2106 Person having a security interest in shares
China Huarong International Holdings Ltd	2201 Interest of corporation controlled by you

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