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Yunnan Energy New Material Co (SZSE:002812) Interest Expense : ¥-355 Mil (TTM As of Mar. 2024)


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What is Yunnan Energy New Material Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Yunnan Energy New Material Co's interest expense for the three months ended in Mar. 2024 was ¥ -70 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-355 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. Yunnan Energy New Material Co's Operating Income for the three months ended in Mar. 2024 was ¥ 207 Mil. Yunnan Energy New Material Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -70 Mil. Yunnan Energy New Material Co's Interest Coverage for the quarter that ended in Mar. 2024 was 2.96. 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.

Yunnan Energy New Material Co Interest Expense Historical Data

The historical data trend for Yunnan Energy New Material 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.

Yunnan Energy New Material Co Interest Expense Chart

Yunnan Energy New Material 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 -98.29 -203.60 -221.21 -287.50 -377.00

Yunnan Energy New Material 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 -92.01 -116.90 -55.31 -112.78 -69.79

Yunnan Energy New Material 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 ¥-355 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.

Yunnan Energy New Material Co  (SZSE:002812) 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.

Yunnan Energy New Material Co's Interest Expense for the three months ended in Mar. 2024 was ¥-70 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥207 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥5,266 Mil.

Yunnan Energy New Material 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*206.678/-69.789
=2.96

* 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.

Yunnan Energy New Material Co (SZSE:002812) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Yunnan Energy New Material Co Ltd (SZSE:002812) » Definitions » Interest Expense
Comparable Companies
SZSE:002831 SHSE:600529 SZSE:301559 SZSE:002701 SZSE:002585 SZSE:002243 SZSE:002191 SZSE:002803 SHSE:600210 SHSE:601515 BALL AVY PKG AMCR IP CCK WRK DUB:SK3 XSWX:SIGN TSX:CCL.A
Traded in Other Exchanges
N/A
Address
No. 125 Fu Xian Road, High-tech Zone, Yunnan, Yuxi, CHN, 653100
Website
http://www.cxxcl.cn
Yunnan Energy New Material Co Ltd is engaged in providing packaging and printing products. It also provides services including packaging printing, plastic packaging, and paper packaging. The company has two reporting segments: The lithium battery separator film business segment and the BOPP film business segment.
Executives
Ma Wei Hua Director
Yu Xue Directors, executives
Li Bing Supervisors
Zhang Tao Supervisors
Feng Jie Director
Director
Li Xiao Hua Directors, executives
Xu Ming Director
Pang Qi Zhi Executives
Xiong Wei Secretary Dong
Huang Jiang Lan Supervisors
Lin Hai Jian Director

Yunnan Energy New Material Co (SZSE:002812) Headlines

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