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Beijing-Shanghai High Speed Railway Co (SHSE:601816) Interest Expense : ¥-2,451 Mil (TTM As of Mar. 2024)


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What is Beijing-Shanghai High Speed Railway Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Beijing-Shanghai High Speed Railway Co's interest expense for the three months ended in Mar. 2024 was ¥ -559 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-2,451 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. Beijing-Shanghai High Speed Railway Co's Operating Income for the three months ended in Mar. 2024 was ¥ 4,418 Mil. Beijing-Shanghai High Speed Railway Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -559 Mil. Beijing-Shanghai High Speed Railway Co's Interest Coverage for the quarter that ended in Mar. 2024 was 7.90. 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.

Beijing-Shanghai High Speed Railway Co Interest Expense Historical Data

The historical data trend for Beijing-Shanghai High Speed Railway 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.

Beijing-Shanghai High Speed Railway Co Interest Expense Chart

Beijing-Shanghai High Speed Railway Co Annual Data
Trend Dec09 Dec10 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,099.50 -3,318.48 -3,500.25 -3,094.32 -2,586.74

Beijing-Shanghai High Speed Railway 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 -694.63 -666.54 -638.30 -587.28 -558.87

Beijing-Shanghai High Speed Railway 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 ¥-2,451 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.

Beijing-Shanghai High Speed Railway Co  (SHSE:601816) 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.

Beijing-Shanghai High Speed Railway Co's Interest Expense for the three months ended in Mar. 2024 was ¥-559 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥4,418 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥57,381 Mil.

Beijing-Shanghai High Speed Railway 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*4417.558/-558.874
=7.90

* 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.

Beijing-Shanghai High Speed Railway Co (SHSE:601816) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Beijing-Shanghai High Speed Railway Co Ltd (SHSE:601816) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
No. 5 Beihuo Road, No. 1 Office Building, 3rd and 4th Floor, Haidian District, Beijing, CHN, 100038
Website
http://www.cr-jh.cn
Beijing-Shanghai High Speed Railway Co Ltd is a provider of rail passenger transportation. The company's rail service connects two economic zones, Beijing-Tianjin-Hebei and Yangtze River Delta.

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