Fujian Expressway Development Co (SHSE:600033) Interest Expense : ¥-52 Mil (TTM As of Mar. 2024)

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What is Fujian Expressway Development Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Fujian Expressway Development Co's interest expense for the three months ended in Mar. 2024 was ¥ -12 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-52 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. Fujian Expressway Development Co's Operating Income for the three months ended in Mar. 2024 was ¥ 428 Mil. Fujian Expressway Development Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -12 Mil. Fujian Expressway Development Co's Interest Coverage for the quarter that ended in Mar. 2024 was 36.39. 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.

Fujian Expressway Development Co Interest Expense Historical Data

The historical data trend for Fujian Expressway Development 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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Fujian Expressway Development Co Interest Expense Chart

Fujian Expressway Development Co Annual Data

Trend

Dec14

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Dec23

Interest Expense

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-199.41

-143.28

-103.82

-91.69

-56.99

Fujian Expressway Development Co 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															-16.33	-15.18	-13.32	-12.15	-11.77

Fujian Expressway Development 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-52 Mil.

Fujian Expressway Development Co (SHSE:600033) 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.

Fujian Expressway Development Co's Interest Expense for the three months ended in Mar. 2024 was ¥-12 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥428 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥1,437 Mil.

Fujian Expressway Development Co'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	*	428.177	/	-11.765
	=	36.39

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

Fujian Expressway Development Co (SHSE:600033) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Fujian Expressway Development Co Ltd (SHSE:600033) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

18 Dongshui Road, 26th Floor, Fujian Transportation Complex, Fuzhou, CHN, 350001

Website

http://www.fjgs.com.cn

Fujian Expressway Development Co Ltd is a China-based company involved in the investment, construction, operation of Highways. It is also involved in equipment leasing, consulting services; industrial production materials, department stores, building materials, and hardware businesses.

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