GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Wushang Group Co Ltd (SZSE:000501) » Definitions » Interest Expense

Wushang Group Co (SZSE:000501) Interest Expense : ¥-379 Mil (TTM As of Mar. 2024)


View and export this data going back to 1992. Start your Free Trial

What is Wushang Group Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Wushang Group Co's interest expense for the three months ended in Mar. 2024 was ¥ -92 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-379 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. Wushang Group Co's Operating Income for the three months ended in Mar. 2024 was ¥ 218 Mil. Wushang Group Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -92 Mil. Wushang Group Co's Interest Coverage for the quarter that ended in Mar. 2024 was 2.37. 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.

Wushang Group Co Interest Expense Historical Data

The historical data trend for Wushang Group 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.

Wushang Group Co Interest Expense Chart

Wushang Group 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 -38.52 -108.37 -144.47 -164.79 -370.08

Wushang Group 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 -82.80 -93.29 -97.61 -96.39 -92.03

Wushang Group 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 ¥-379 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.

Wushang Group Co  (SZSE:000501) 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.

Wushang Group Co's Interest Expense for the three months ended in Mar. 2024 was ¥-92 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥218 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥7,065 Mil.

Wushang Group 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*217.758/-92.026
=2.37

* 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.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Wushang Group Co Ltd interest coverage is 1.39, which is low.

Wushang Group Co (SZSE:000501) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Wushang Group Co Ltd (SZSE:000501) » Definitions » Interest Expense
Comparable Companies
SHSE:600694 SHSE:603708 SZSE:002419 SHSE:600814 SHSE:600828 SZSE:002697 SZSE:002264 SHSE:601366 SHSE:600628 SHSE:601010 PHS:SM TSE:8267 LIVEPOL1 JSE:SHP LSE:MKS XSGO:FALABELLA DDS TSE:3099 TSE:9005 XSGO:CENCOSUD
Traded in Other Exchanges
N/A
Address
No. 690 Jiefang Avenue, Wuhan International Plaza, Jianghan District, 8th Floor, Hankou, Wuhan, CHN, 430022
Website
http://www.wushang.com.cn
Wushang Group Co Ltd is engaged in the operation and development of the retail industry. The company operates as a commercial city, shopping malls, and supermarket chains. Its business includes Tender Notice, New supply chain for department stores, New Department, New supply chain for supermarkets, and New Supermarket.
Executives
Lu Xiang Min Director
Xiong Hai Yun Director
Li Dong Executives
Zhu Xi Directors, executives
Wang Bin Executives
Yue Qin Fang Independent director
Yin Bai Gao Supervisors
Zhang Yu Yan Supervisors
Li Xuan Secretary Dong
Chen Jun Director
Liu Jiang Chao Directors, executives
Liu Xiao Bei Directors, executives
Wang Bin Executives
You Zhi Hua Supervisors
Luo Ming Director

Wushang Group Co (SZSE:000501) Headlines

No Headlines