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CMST Development Co (SHSE:600787) Interest Expense : ¥-67 Mil (TTM As of Mar. 2024)


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What is CMST Development Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. CMST Development Co's interest expense for the three months ended in Mar. 2024 was ¥ -24 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-67 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. CMST Development Co's Operating Income for the three months ended in Mar. 2024 was ¥ 117 Mil. CMST Development Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -24 Mil. CMST Development Co's Interest Coverage for the quarter that ended in Mar. 2024 was 4.79. 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.

CMST Development Co Interest Expense Historical Data

The historical data trend for CMST 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.

* Premium members only.

CMST Development Co Interest Expense Chart

CMST Development 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 -216.96 -194.30 -191.57 -131.88 -62.75

CMST 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 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 -20.14 -22.51 -21.75 1.65 -24.44

CMST 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 ¥-67 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.

CMST Development Co  (SHSE:600787) 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.

CMST Development Co's Interest Expense for the three months ended in Mar. 2024 was ¥-24 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥117 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥1,049 Mil.

CMST 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*117.115/-24.444
=4.79

* 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.

CMST Development Co (SHSE:600787) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » CMST Development Co Ltd (SHSE:600787) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
No.188 Western Road of South 4th Ring Road, 18th Building of 6th section, Fengtai District, Beijing, CHN, 100070
Website
http://www.cmstd.com.cn
CMST Development Co Ltd provides logistics services. The company has modern logistics distribution centres in Beijing, Shanghai, Tianjin, Jiangsu, Zhejiang, Shandong, Hubei, Hunan, Guangdong, Sichuan, Hebei, Henan, Shaanxi, and Liaoning. It provides the following services: Warehouse and storage, Transportation and distribution, International freight forwarding, Movable assets supervision, logistics plan design, and processing and manufacturing.
Executives
Peng Xi De senior management
Li Yong Zhao Director
Li Da Wei senior management
Wang Yong senior management
Wang Hai Bin Directors, senior managers
Ma De Yin Director
Wei Guang Director
Han Tie Lin Director
Zhou Xiao Hong Supervisors
Wang Xue Ming Director
Xue Bin senior management
Zhao Xiao Hong Director
Dong Xu senior management
Ceng Yong senior management
Xie Jing Fu Director

CMST Development Co (SHSE:600787) Headlines

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