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Beijing Changjiu Logistics (SHSE:603569) Interest Expense : ¥-80 Mil (TTM As of Mar. 2024)


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What is Beijing Changjiu Logistics Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Beijing Changjiu Logistics's interest expense for the three months ended in Mar. 2024 was ¥ -17 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-80 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 Changjiu Logistics's Operating Income for the three months ended in Mar. 2024 was ¥ 29 Mil. Beijing Changjiu Logistics's Interest Expense for the three months ended in Mar. 2024 was ¥ -17 Mil. Beijing Changjiu Logistics's Interest Coverage for the quarter that ended in Mar. 2024 was 1.66. 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 Changjiu Logistics Interest Expense Historical Data

The historical data trend for Beijing Changjiu Logistics'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 Changjiu Logistics Interest Expense Chart

Beijing Changjiu Logistics 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 -89.41 -81.56 -74.30 -77.70 -84.79

Beijing Changjiu Logistics 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 -21.70 -21.54 -19.62 -21.94 -17.30

Beijing Changjiu Logistics 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 ¥-80 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 Changjiu Logistics  (SHSE:603569) 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 Changjiu Logistics's Interest Expense for the three months ended in Mar. 2024 was ¥-17 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥29 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥331 Mil.

Beijing Changjiu Logistics'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*28.712/-17.296
=1.66

* 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 Changjiu Logistics (SHSE:603569) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Beijing Changjiu Logistics Corp (SHSE:603569) » Definitions » Interest Expense
Comparable Companies
SHSE:603223 SHSE:600611 SHSE:600662 SHSE:600650 SHSE:603813 SHSE:603056 ODFL SAIA TSX:TFII XPO KNX TSE:9064 SNDR ARCB TSE:9076 WERN RXO MRTN TSE:9075 HTLD
Traded in Other Exchanges
N/A
Address
Dongsanhuan North Road, 7th Floor, Block B, Jiacheng Plaza, No. 18 Xiaguangli, Chaoyang District, Beijing, CHN, 101300
Website
http://www.changjiulogistics.com.cn
Beijing Changjiu Logistics Corp provides logistics, warehousing, and distribution services. It also provides automotive logistics planning, inbound logistics, outbound logistics, second-car logistics for finished-vehicles and parts to OEMs and dealers and other related services to passenger and commercial vehicles, used cars, and auto parts. Its services include vehicle, used car, parts, pre-production, after-sale, and international logistics; and warehousing.
Executives
Li Wan Jun Supervisors

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