GD Power Development Co (SHSE:600795) Interest Expense : ¥-6,701 Mil (TTM As of Mar. 2024)

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What is GD Power Development Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. GD Power Development Co's interest expense for the three months ended in Mar. 2024 was ¥ -1,649 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-6,701 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. GD Power Development Co's Operating Income for the three months ended in Mar. 2024 was ¥ 5,151 Mil. GD Power Development Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -1,649 Mil. GD Power Development Co's Interest Coverage for the quarter that ended in Mar. 2024 was 3.12. 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.

GD Power Development Co Interest Expense Historical Data

The historical data trend for GD Power 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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GD Power Development Co Interest Expense Chart

GD Power Development Co Annual Data

Trend

Dec14

Dec15

Dec16

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Dec19

Dec20

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Dec23

Interest Expense

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-9,454.25

-8,756.65

-8,022.70

-7,634.58

-6,790.68

GD Power 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															-1,739.32	-1,656.29	-1,676.07	-1,719.01	-1,649.45

GD Power 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 ¥-6,701 Mil.

GD Power Development Co (SHSE:600795) 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.

GD Power Development Co's Interest Expense for the three months ended in Mar. 2024 was ¥-1,649 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥5,151 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥193,340 Mil.

GD Power 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	*	5150.764	/	-1649.451
	=	3.12

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. GD Power Development Co Ltd interest coverage is 3.37, which is low.

GD Power Development Co (SHSE:600795) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » GD Power Development Co Ltd (SHSE:600795) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

An Hui North Park, Building 19, Chaoyang District, Beijing, CHN, 100101

Website

http://www.600795.com.cn

GD Power Development Co Ltd is a China-based company engaged in power generation and related businesses. Its businesses include thermal power generation, hydroelectric generation, wind power generation and solar power generation, among others. It also sells thermal products, chemical products, and coal products, among others. The company mainly operates businesses in the domestic market.

Executives

Wu Qiang	Supervisors
Chen Bin	Supervisors
Feng Shu Chen	Director
Wu Quan	senior management
Zhang Zi Juan	Supervisors
Zhu Yue Liang	senior management
Mou Jun	senior management
Jiang Hong Yuan	senior management
Xu Qi	senior management
Chen Jing Dong	senior management

GD Power Development Co (SHSE:600795) Headlines

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