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Beiqi Foton Motor Co (SHSE:600166) Interest Expense : ¥-81 Mil (TTM As of Mar. 2024)


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What is Beiqi Foton Motor Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Beiqi Foton Motor Co's interest expense for the three months ended in Mar. 2024 was ¥ -26 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-81 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. Beiqi Foton Motor Co's Operating Income for the three months ended in Mar. 2024 was ¥ 170 Mil. Beiqi Foton Motor Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -26 Mil. Beiqi Foton Motor Co's Interest Coverage for the quarter that ended in Mar. 2024 was 6.45. 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.

Beiqi Foton Motor Co Interest Expense Historical Data

The historical data trend for Beiqi Foton Motor 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.

Beiqi Foton Motor Co Interest Expense Chart

Beiqi Foton Motor 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 -650.39 -400.99 -212.73 -152.00 -75.64

Beiqi Foton Motor 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 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 -21.33 -21.79 -20.99 -11.53 -26.31

Beiqi Foton Motor 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 ¥-81 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.

Beiqi Foton Motor Co  (SHSE:600166) 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.

Beiqi Foton Motor Co's Interest Expense for the three months ended in Mar. 2024 was ¥-26 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥170 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥3,583 Mil.

Beiqi Foton Motor 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*169.811/-26.307
=6.45

* 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.

Beiqi Foton Motor Co (SHSE:600166) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Beiqi Foton Motor Co Ltd (SHSE:600166) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
Shayang Road, Shahe Town, Changping District, Beijing, CHN, 102206
Website
http://www.foton.com.cn
Beiqi Foton Motor Co Ltd is a China-based company engages in the manufacture and sale of automobiles. Its products include medium and heavy-duty trucks, light-duty trucks, such as tractors, dumpers, and flatbeds as well as vans, pickups, buses, and construction machinery vehicles. The company also offers Total Care, a care service to authorized dealers; and warranty services. It mainly sells its products under the name of AUMAN, AUV, and OLLIN.
Executives
Li Yan Mei senior management
Song Shu Shan senior management
Wu Xi Bin senior management
Chang Rui senior management
Yang Guo Tao senior management
Wu Hai Shan Supervisors
Chen Qing Shan Director
Zhang Xi Yong Director
Yang Gong She Supervisors
Wu Yue Jun senior management
Zhang Wei senior management
Xing Hong Jin Supervisors
Gong Min senior management
Gong Yue Qiong Director
Wei Yan Qin senior management

Beiqi Foton Motor Co (SHSE:600166) Headlines

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