Gree Electric Appliances of Zhuhai (SZSE:000651) Interest Expense : ¥-2,775 Mil (TTM As of Mar. 2024)

View and export this data going back to 1996. Start your Free Trial

What is Gree Electric Appliances of Zhuhai Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Gree Electric Appliances of Zhuhai's interest expense for the three months ended in Mar. 2024 was ¥ -696 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-2,775 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. Gree Electric Appliances of Zhuhai's Operating Income for the three months ended in Mar. 2024 was ¥ 5,028 Mil. Gree Electric Appliances of Zhuhai's Interest Expense for the three months ended in Mar. 2024 was ¥ -696 Mil. Gree Electric Appliances of Zhuhai's Interest Coverage for the quarter that ended in Mar. 2024 was 7.23. 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.

Gree Electric Appliances of Zhuhai Interest Expense Historical Data

The historical data trend for Gree Electric Appliances of Zhuhai'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.

Gree Electric Appliances of Zhuhai Interest Expense Chart

Gree Electric Appliances of Zhuhai Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-4.49

-4.84

-5.14

-2,836.74

-2,962.21

Gree Electric Appliances of Zhuhai 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															-883.10	-806.65	-634.85	-637.60	-695.80

Gree Electric Appliances of Zhuhai 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 ¥-2,775 Mil.

Gree Electric Appliances of Zhuhai (SZSE:000651) 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.

Gree Electric Appliances of Zhuhai's Interest Expense for the three months ended in Mar. 2024 was ¥-696 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥5,028 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥40,027 Mil.

Gree Electric Appliances of Zhuhai'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	*	5028.415	/	-695.795
	=	7.23

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

Gree Electric Appliances of Zhuhai (SZSE:000651) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Gree Electric Appliances Inc of Zhuhai (SZSE:000651) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jinji West Road, Qianshan, Guangdong Province, Zhuhai, CHN, 519070

Website

http://www.gree.com.cn

Gree Electric Appliances Inc of Zhuhai is an international air conditioning enterprise. The company is engaged in household electrical appliances business including production and sale of air conditioners and its accessories, and small home appliances. It exports and imports goods and technologies; manufacturing and distribution of pumps, valves, compressors, fan motors, packaging equipment and other general-purpose equipment, electric motors, equipment for power transmission and distribution and control equipment.

Gree Electric Appliances of Zhuhai (SZSE:000651) Headlines

No Headlines