Beijing GeoEnviron Engineering & Technology (SHSE:603588) Interest Expense : ¥-444 Mil (TTM As of Mar. 2024)

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What is Beijing GeoEnviron Engineering & Technology Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Beijing GeoEnviron Engineering & Technology's interest expense for the three months ended in Mar. 2024 was ¥ -103 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-444 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 GeoEnviron Engineering & Technology's Operating Income for the three months ended in Mar. 2024 was ¥ 300 Mil. Beijing GeoEnviron Engineering & Technology's Interest Expense for the three months ended in Mar. 2024 was ¥ -103 Mil. Beijing GeoEnviron Engineering & Technology's Interest Coverage for the quarter that ended in Mar. 2024 was 2.90. 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 GeoEnviron Engineering & Technology Interest Expense Historical Data

The historical data trend for Beijing GeoEnviron Engineering & Technology'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.

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Beijing GeoEnviron Engineering & Technology Interest Expense Chart

Beijing GeoEnviron Engineering & Technology Annual Data

Trend

Dec14

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Dec22

Dec23

Interest Expense

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-148.38

-219.04

-318.86

-355.38

-420.17

Beijing GeoEnviron Engineering & Technology 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															-85.11	-81.31	-72.34	-186.57	-103.37

Beijing GeoEnviron Engineering & Technology 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 ¥-444 Mil.

Beijing GeoEnviron Engineering & Technology (SHSE:603588) 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.

Beijing GeoEnviron Engineering & Technology's Interest Expense for the three months ended in Mar. 2024 was ¥-103 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥300 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥5,154 Mil.

Beijing GeoEnviron Engineering & Technology'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	*	300.107	/	-103.366
	=	2.90

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

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Beijing GeoEnviron Engineering & Technology Inc interest coverage is 2.31, which is low.

Beijing GeoEnviron Engineering & Technology (SHSE:603588) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Beijing GeoEnviron Engineering & Technology Inc (SHSE:603588) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

BGE Building, No.9 Dijin Road, Zhongguancun Environmental Protection Park, Beiqing Road, Haidian District, Beijing, CHN, 100095

Website

http://www.bgechina.cn

Beijing GeoEnviron Engineering & Technology Inc is specialized in the environmental technology research and the provision of solutions for the pollution control system. The company provides various services such as Urban 360 Environmental Manager that removes medical waste and hazardous wastes disposal, Kitchen waste treatment, Sludge disposal and others. Industrial Environment involves treatment of industrial wastewater and treatment of industrial solid waste, and Environment Remediation is engaged in remediation of the industrial site, underground water remediation, landfill remediation and farmland remediation.

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