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Jchx Mining Management Co (SHSE:603979) Interest Expense : ¥-161 Mil (TTM As of Mar. 2024)


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What is Jchx Mining Management Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Jchx Mining Management Co's interest expense for the three months ended in Mar. 2024 was ¥ -58 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-161 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. Jchx Mining Management Co's Operating Income for the three months ended in Mar. 2024 was ¥ 434 Mil. Jchx Mining Management Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -58 Mil. Jchx Mining Management Co's Interest Coverage for the quarter that ended in Mar. 2024 was 7.53. 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.

Jchx Mining Management Co Interest Expense Historical Data

The historical data trend for Jchx Mining Management 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.

Jchx Mining Management Co Interest Expense Chart

Jchx Mining Management 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 -79.78 -59.48 -98.13 -103.00 -125.67

Jchx Mining Management 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 -21.89 -35.68 -41.60 -26.50 -57.68

Jchx Mining Management 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 ¥-161 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.

Jchx Mining Management Co  (SHSE:603979) 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.

Jchx Mining Management Co's Interest Expense for the three months ended in Mar. 2024 was ¥-58 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥434 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥2,055 Mil.

Jchx Mining Management 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*434.231/-57.684
=7.53

* 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.

Jchx Mining Management Co (SHSE:603979) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Jchx Mining Management Co Ltd (SHSE:603979) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
No. 28 Shuiyuan Road, Room 101, Building 1, Economic Development Zone, Miyun County, Beijing, CHN, 101500
Website
http://www.jchxmc.com
Jchx Mining Management Co Ltd is a mining construction company. The Company is engaged in mine development and construction, contract mining and research and development in non-ferrous, ferrous and chemical industries. Currently, the company projects are in Xiadian, Baiyu, Lubambe Copper Mine, Jinfeng Project, and others.
Executives
Wang Qing Hai Director
Wu Bang Fu senior management
Meng Zhu Hong senior management
Li Hong Hui senior management

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