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Huadian Energy Co (SHSE:600726) Interest Expense : ¥-685 Mil (TTM As of Mar. 2024)


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What is Huadian Energy Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Huadian Energy Co's interest expense for the three months ended in Mar. 2024 was ¥ -167 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-685 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. Huadian Energy Co's Operating Income for the three months ended in Mar. 2024 was ¥ 1,064 Mil. Huadian Energy Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -167 Mil. Huadian Energy Co's Interest Coverage for the quarter that ended in Mar. 2024 was 6.36. 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.

Huadian Energy Co Interest Expense Historical Data

The historical data trend for Huadian Energy 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.

Huadian Energy Co Interest Expense Chart

Huadian Energy 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 -886.64 -844.10 -860.37 -1,040.86 -733.31

Huadian Energy 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 -215.41 -202.72 -149.76 -165.43 -167.25

Huadian Energy 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 ¥-685 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.

Huadian Energy Co  (SHSE:600726) 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.

Huadian Energy Co's Interest Expense for the three months ended in Mar. 2024 was ¥-167 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥1,064 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥5,883 Mil.

Huadian Energy 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*1064.372/-167.249
=6.36

* 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.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Huadian Energy Co Ltd interest coverage is 3.85, which is low.

Huadian Energy Co (SHSE:600726) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Huadian Energy Co Ltd (SHSE:600726) » Definitions » Interest Expense
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SHSE:600578 SZSE:000690 SHSE:600863 SHSE:600719 SZSE:300614 SHSE:900957 SHSE:601991 SHSE:600674 SHSE:600900 VST BOM:533096 HKSE:01816 XTER:UN0 NRG BOM:500400 SHSE:600011 BOM:539254 HKSE:00836 SHSE:600023 NSE:JSWENERGY
Traded in Other Exchanges
900937:China
Address
No. 209 Dacheng Street, Nangang District, Heilongjiang Province, Harbin, CHN, 150001
Website
http://www.hdenergy.com
Huadian Energy Co Ltd is engaged in the electricity production and sales business. It is engaged in heat electric supply, power supply, power plant testing and electric power technology consulting.
Executives
Wang Hua Bin senior management
Mei Jun Chao senior management
Shi Feng Shang Director
Liu Zhang Qing Director
Xie Yun Director
Sun Guang Director

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