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Luzhou Xinglu Water (Group) Co (HKSE:02281) Interest Expense : HK$-85 Mil (TTM As of Dec. 2023)


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What is Luzhou Xinglu Water (Group) Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Luzhou Xinglu Water (Group) Co's interest expense for the six months ended in Dec. 2023 was HK$ -23 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-85 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. Luzhou Xinglu Water (Group) Co's Operating Income for the six months ended in Dec. 2023 was HK$ 205 Mil. Luzhou Xinglu Water (Group) Co's Interest Expense for the six months ended in Dec. 2023 was HK$ -23 Mil. Luzhou Xinglu Water (Group) Co's Interest Coverage for the quarter that ended in Dec. 2023 was 8.85. 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.

Luzhou Xinglu Water (Group) Co Interest Expense Historical Data

The historical data trend for Luzhou Xinglu Water (Group) 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.

* Premium members only.

Luzhou Xinglu Water (Group) Co Interest Expense Chart

Luzhou Xinglu Water (Group) Co 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 -84.98 -132.32 -156.10 -146.67 -84.75

Luzhou Xinglu Water (Group) Co Semi-Annual Data
Dec13 Dec14 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 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 -81.53 -83.56 -67.07 -61.53 -23.22

Luzhou Xinglu Water (Group) 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$-85 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.

Luzhou Xinglu Water (Group) Co  (HKSE:02281) 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.

Luzhou Xinglu Water (Group) Co's Interest Expense for the six months ended in Dec. 2023 was HK$-23 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$205 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$1,603 Mil.

Luzhou Xinglu Water (Group) 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*205.435/-23.224
=8.85

* 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.

Luzhou Xinglu Water (Group) Co (HKSE:02281) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Luzhou Xinglu Water (Group) Co Ltd (HKSE:02281) » Definitions » Interest Expense
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HKSE:06136 HKSE:01542 HKSE:01129 HKSE:03768 HKSE:06839 HKSE:01026 AWK LSE:SVT WTRG LSE:UU. BSP:SBSP3 HKSE:00270 SHSE:601158 AWR CWT DFM:TABREED SZSE:000598 LSE:PNN HKSE:00371 SHSE:600323
Traded in Other Exchanges
N/A
Address
No. 16, Baizi Road, Jiangyang District, Sichuan Province, Luzhou, CHN
Website
http://www.lzss.com
Luzhou Xinglu Water (Group) Co Ltd is a China-based company engages in the provision of integrated municipal water-related public utility services. The company is engaged in the provision of tap water supply and related installation and maintenance service, wastewater treatment service and construction service. It operates through two main segments the Tap Water Supply and Wastewater Treatment segments. The company derives maximum revenue from Tap Water Supply segment. Geographically, it operates in People's Republic of China.
Executives
Hwabao Trust Co., Ltd 2301 Trustee
Fei Zhanbo 2201 Interest of corporation controlled by you
Xin Tian Zhi Neng Xiang Gang You Xian Gong Si 2101 Beneficial owner
Xin Tian Ke Ji Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you

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