Shanghai Zhonggu Logistics Co (SHSE:603565) Interest Expense : ¥-262 Mil (TTM As of Mar. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Shanghai Zhonggu Logistics Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Shanghai Zhonggu Logistics Co's interest expense for the three months ended in Mar. 2024 was ¥ -77 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-262 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. Shanghai Zhonggu Logistics Co's Operating Income for the three months ended in Mar. 2024 was ¥ 400 Mil. Shanghai Zhonggu Logistics Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -77 Mil. Shanghai Zhonggu Logistics Co's Interest Coverage for the quarter that ended in Mar. 2024 was 5.18. 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.

Shanghai Zhonggu Logistics Co Interest Expense Historical Data

The historical data trend for Shanghai Zhonggu Logistics 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.

Shanghai Zhonggu Logistics Co Interest Expense Chart

Shanghai Zhonggu Logistics Co Annual Data

Trend

Dec13

Dec14

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-50.12

-85.77

-139.62

-177.80

-250.88

Shanghai Zhonggu Logistics 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															-65.79	-45.22	-101.45	-38.43	-77.17

Shanghai Zhonggu Logistics 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 ¥-262 Mil.

Shanghai Zhonggu Logistics Co (SHSE:603565) 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.

Shanghai Zhonggu Logistics Co's Interest Expense for the three months ended in Mar. 2024 was ¥-77 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥400 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥6,603 Mil.

Shanghai Zhonggu Logistics 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	*	399.574	/	-77.168
	=	5.18

The higher the ratio, the stronger the company's financial strength is.

Shanghai Zhonggu Logistics Co (SHSE:603565) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Shanghai Zhonggu Logistics Co Ltd (SHSE:603565) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3261, Dongfang Road, 15th Floor, Block B, Building 1, Pudong New Area, Shanghai, CHN, 200125

Website

http://www.zhonggu56.com

Shanghai Zhonggu Logistics Co Ltd is engaged in providing customers with customized and cost-effective door-to-door full container logistics solutions. The company has SQ boxes, coal boxes, special boxes, freezer boxes and other types of boxes, and more than 10,000 types of transport products. In addition to water transportation, the company integrates railways, highways and other resources. It provides a full range of multimodal transportation services such as sea-land transportation, river-sea transportation, water-water transfer, sea-rail transportation and cold chain transportation services.

Shanghai Zhonggu Logistics Co (SHSE:603565) Headlines

No Headlines