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Great Wall Motor Co (SHSE:601633) Interest Expense : ¥-837 Mil (TTM As of Dec. 2023)


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What is Great Wall Motor Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Great Wall Motor Co's interest expense for the three months ended in Dec. 2023 was ¥ -252 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ¥-837 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. Great Wall Motor Co's Operating Income for the three months ended in Dec. 2023 was ¥ 2,120 Mil. Great Wall Motor Co's Interest Expense for the three months ended in Dec. 2023 was ¥ -252 Mil. Great Wall Motor Co's Interest Coverage for the quarter that ended in Dec. 2023 was 8.41. 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.

Great Wall Motor Co Interest Expense Historical Data

The historical data trend for Great Wall 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.

Great Wall Motor Co Interest Expense Chart

Great Wall 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 -173.71 -263.15 -471.55 -716.28 -946.65

Great Wall 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 -203.19 -244.63 -246.59 -252.24 -93.98

Great Wall 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-837 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.

Great Wall Motor Co  (SHSE:601633) 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.

Great Wall Motor Co's Interest Expense for the three months ended in Dec. 2023 was ¥-252 Mil. Its Operating Income for the three months ended in Dec. 2023 was ¥2,120 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was ¥17,411 Mil.

Great Wall Motor Co's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*2120.386/-252.237
=8.41

* 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.

Great Wall Motor Co (SHSE:601633) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Great Wall Motor Co Ltd (SHSE:601633) » Definitions » Interest Expense
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Traded in Other Exchanges
GWLLY:USA GWLLF:USA 02333:Hong Kong GRV:Germany
Address
No. 2266 Chaoyang Road South, Hebei Province, Baoding, CHN, 071000
Website
https://www.gwm.com.cn
Chinese automobile manufacturer Great Wall Motor is China's market leader in the SUV and pickup truck segments. In 2022, the company sold over 615,000 Haval-branded SUVs and 160,000 WEY- and Tank-branded SUVs, making it the largest SUV manufacturer by sales volume for the 12th year. It also sold more than 195,000 pickup trucks, also ranked number one in sales volume for 25 consecutive years. China's domestic market accounts for about 90% of Great Wall's revenue, with the balance coming from Russia, the Middle East, South Africa, Australia, and Chile, among others.
Executives
Li Hong Shuan Director
Wang Feng Ying senior management
Xu Hui senior management
Zhao Guo Qing senior management
Hu Shu Jie senior management
Hu Ke Gang Director
Cui Zhi Yu senior management

Great Wall Motor Co (SHSE:601633) Headlines

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