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Beijing Cuiwei Tower Co (SHSE:603123) Interest Expense : ¥-102 Mil (TTM As of Mar. 2024)


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What is Beijing Cuiwei Tower Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Beijing Cuiwei Tower Co's interest expense for the three months ended in Mar. 2024 was ¥ -26 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-102 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 Cuiwei Tower Co's Operating Income for the three months ended in Mar. 2024 was ¥ -92 Mil. Beijing Cuiwei Tower Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -26 Mil. Beijing Cuiwei Tower Co did not have earnings to cover the interest expense. 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 Cuiwei Tower Co Interest Expense Historical Data

The historical data trend for Beijing Cuiwei Tower 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 Cuiwei Tower Co Interest Expense Chart

Beijing Cuiwei Tower 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 -36.85 -41.88 -89.19 -96.51 -102.59

Beijing Cuiwei Tower 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 -26.61 -26.14 -24.65 -25.20 -26.24

Beijing Cuiwei Tower 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 ¥-102 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 Cuiwei Tower Co  (SHSE:603123) 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 Cuiwei Tower Co's Interest Expense for the three months ended in Mar. 2024 was ¥-26 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥-92 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥1,958 Mil.

Beijing Cuiwei Tower Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Beijing Cuiwei Tower Co did not have earnings to cover the interest expense.

* 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 Cuiwei Tower Co (SHSE:603123) Business Description

Traded in Other Exchanges
N/A
Address
No. 33, Fuxing Road, Haidian District, Beijing, CHN, 100036
Beijing Cuiwei Tower Co Ltd is engaged in department stores retail business. Its retailing products mainly include cosmetics, household appliances, and supermarket products. The company has three major commercial brands, namely Cuiwei Department Store, Contemporary Mall and Ganjiakou Department Store, and seven large department stores, which integrates department store, supermarket, catering, leisure and entertainment, and other urban quality life services.

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