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China National Gold Group Gold Jewellery Co (SHSE:600916) Interest Expense : ¥-66 Mil (TTM As of Mar. 2024)


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What is China National Gold Group Gold Jewellery Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. China National Gold Group Gold Jewellery Co's interest expense for the three months ended in Mar. 2024 was ¥ -20 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-66 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. China National Gold Group Gold Jewellery Co's Operating Income for the three months ended in Mar. 2024 was ¥ 555 Mil. China National Gold Group Gold Jewellery Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -20 Mil. China National Gold Group Gold Jewellery Co's Interest Coverage for the quarter that ended in Mar. 2024 was 28.08. 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.

China National Gold Group Gold Jewellery Co Interest Expense Historical Data

The historical data trend for China National Gold Group Gold Jewellery 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.

China National Gold Group Gold Jewellery Co Interest Expense Chart

China National Gold Group Gold Jewellery Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -108.09 -111.32 -103.92 -72.11 -62.85

China National Gold Group Gold Jewellery Co Quarterly Data
Dec18 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 -16.74 -11.46 -14.57 -20.08 -19.77

China National Gold Group Gold Jewellery 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 ¥-66 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.

China National Gold Group Gold Jewellery Co  (SHSE:600916) 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.

China National Gold Group Gold Jewellery Co's Interest Expense for the three months ended in Mar. 2024 was ¥-20 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥555 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥179 Mil.

China National Gold Group Gold Jewellery 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*555.249/-19.773
=28.08

* 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.

China National Gold Group Gold Jewellery Co (SHSE:600916) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » China National Gold Group Gold Jewellery Co Ltd (SHSE:600916) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
No. 2, Jingyuan North Street, Room 305, Building 49, Economic and Technological Development Zone, Beijing, CHN, 100176
Website
https://www.chnau99999.com
China National Gold Group Gold & Jewelery Co Ltd is a professional gold jewelry production and sales enterprise specializing in the operation of the China Gold brand.

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