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Inner Mongolia Dian Tou Energy (SZSE:002128) Interest Expense : ¥-112 Mil (TTM As of Mar. 2024)


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What is Inner Mongolia Dian Tou Energy Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Inner Mongolia Dian Tou Energy's interest expense for the three months ended in Mar. 2024 was ¥ -52 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-112 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. Inner Mongolia Dian Tou Energy's Operating Income for the three months ended in Mar. 2024 was ¥ 2,629 Mil. Inner Mongolia Dian Tou Energy's Interest Expense for the three months ended in Mar. 2024 was ¥ -52 Mil. Inner Mongolia Dian Tou Energy's Interest Coverage for the quarter that ended in Mar. 2024 was 50.68. 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.


Inner Mongolia Dian Tou Energy Interest Expense Historical Data

The historical data trend for Inner Mongolia Dian Tou Energy'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.

Inner Mongolia Dian Tou Energy Interest Expense Chart

Inner Mongolia Dian Tou Energy 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 -514.33 -441.37 -355.65 -284.38 -122.06

Inner Mongolia Dian Tou Energy 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 -61.80 -45.85 -62.72 48.31 -51.87

Inner Mongolia Dian Tou Energy 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 ¥-112 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.


Inner Mongolia Dian Tou Energy  (SZSE:002128) 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.

Inner Mongolia Dian Tou Energy's Interest Expense for the three months ended in Mar. 2024 was ¥-52 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥2,629 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥7,837 Mil.

Inner Mongolia Dian Tou Energy'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*2629.116/-51.872
=50.68

* 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.


Inner Mongolia Dian Tou Energy (SZSE:002128) Business Description

Traded in Other Exchanges
N/A
Address
Zhelimu Avenue, Huolinguole, Inner Mongolia, CHN, 029200
Huolinhe Opencut Coal Industry Corp Ltd Of Inner Mongolia operates in the coal industry. The company's main business is the production and sales of coal products; thermal power generation, coal mining and power generation.
Executives
Wang Zhen Lin Executives
Wang Tie Jun Executives
Cao Guang Hua Supervisors
He Jiang Chao Director
Xu Zhang You Executives
Liu Ming Sheng Director
Bai Gui Tang Supervisors
Wang Shu Dong Director
Mu Yan Rong Director
Zhang Xia Director
Wang Zhi Tian Executives
Mao Ai Ying Supervisors
Zhang Ming Yu Independent director, within six months of separat
Chen Li Jie Directors, executives
Liu Yi Yong Directors, executives

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