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Shandong Sunpaper Co (SZSE:002078) Interest Expense : ¥-645 Mil (TTM As of Mar. 2024)


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What is Shandong Sunpaper Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Shandong Sunpaper Co's interest expense for the three months ended in Mar. 2024 was ¥ -170 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-645 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. Shandong Sunpaper Co's Operating Income for the three months ended in Mar. 2024 was ¥ 1,296 Mil. Shandong Sunpaper Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -170 Mil. Shandong Sunpaper Co's Interest Coverage for the quarter that ended in Mar. 2024 was 7.63. 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.

Shandong Sunpaper Co Interest Expense Historical Data

The historical data trend for Shandong Sunpaper 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.

Shandong Sunpaper Co Interest Expense Chart

Shandong Sunpaper 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 -556.26 -524.65 -602.29 -736.53 -667.05

Shandong Sunpaper 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 -191.71 -173.75 -147.13 -154.46 -169.94

Shandong Sunpaper 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 ¥-645 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.

Shandong Sunpaper Co  (SZSE:002078) 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.

Shandong Sunpaper Co's Interest Expense for the three months ended in Mar. 2024 was ¥-170 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥1,296 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥7,916 Mil.

Shandong Sunpaper 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*1296.102/-169.935
=7.63

* 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.

Shandong Sunpaper Co (SZSE:002078) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Shandong Sunpaper Co Ltd (SZSE:002078) » Definitions » Interest Expense
Comparable Companies
SHSE:603733 SHSE:600963 SZSE:000488 SHSE:600567 SHSE:603863 SHSE:600966 SHSE:605377 SZSE:000815 SZSE:002521 SHSE:605007 OHEL:UPM BSP:SUZB3 OHEL:STERV LSE:MNDI BUE:CELU OSTO:HOLM A BSP:KLBN3 XSGO:CMPC TSE:3861 XLIS:NVG
Traded in Other Exchanges
N/A
Address
No. 1 Youyi Road, Shandong Province, Yanzhou District, Jining, CHN, 272100
Website
http://www.sunpapergroup.com
Shandong Sunpaper Co Ltd is a China-based paper making company. It manufactures and distributes paper products. The company's product lines includes premium coated packaging paperboard, high-class art paper, high-class cultural and office paper, specialty fiber dissolving pulp, household paper, and industrial paper. Its main brands include Golden Sun, Huaxia Sun, Brilliant Sun, Weier, Lecopy, Koolprint, Sun Elements, Suyappy, International Radiance, International Sun and International Union. The company has a presence in Laos and the United States of America.

Shandong Sunpaper Co (SZSE:002078) Headlines

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