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Anhui Chaoyue Environmental Protection Technology Co (SZSE:301049) Interest Expense : ¥-7.0 Mil (TTM As of Mar. 2024)


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What is Anhui Chaoyue Environmental Protection Technology Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Anhui Chaoyue Environmental Protection Technology Co's interest expense for the three months ended in Mar. 2024 was ¥ -2.3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-7.0 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. Anhui Chaoyue Environmental Protection Technology Co's Operating Income for the three months ended in Mar. 2024 was ¥ -9.2 Mil. Anhui Chaoyue Environmental Protection Technology Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -2.3 Mil. Anhui Chaoyue Environmental Protection Technology Co did not have earnings to cover the interest expense. 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.

Anhui Chaoyue Environmental Protection Technology Co Interest Expense Historical Data

The historical data trend for Anhui Chaoyue Environmental Protection Technology 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.

Anhui Chaoyue Environmental Protection Technology Co Interest Expense Chart

Anhui Chaoyue Environmental Protection Technology Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -1.20 -2.12 -5.44 -4.31 -4.54

Anhui Chaoyue Environmental Protection Technology Co Quarterly Data
Dec17 Dec18 Sep19 Dec19 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 -1.36 -1.47 -0.86 -2.39 -2.27

Anhui Chaoyue Environmental Protection Technology 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 ¥-7.0 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.

Anhui Chaoyue Environmental Protection Technology Co  (SZSE:301049) 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.

Anhui Chaoyue Environmental Protection Technology Co's Interest Expense for the three months ended in Mar. 2024 was ¥-2.3 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥-9.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥102.4 Mil.

Anhui Chaoyue Environmental Protection Technology Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Anhui Chaoyue Environmental Protection Technology Co did not have earnings to cover the interest expense.

* 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.

Anhui Chaoyue Environmental Protection Technology Co (SZSE:301049) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Anhui Chaoyue Environmental Protection Technology Co (SZSE:301049) » Definitions » Interest Expense
Comparable Companies
SZSE:301259 SZSE:301288 SHSE:605069 SZSE:300948 SZSE:301068 SZSE:300385 SZSE:003027 SHSE:603903 SHSE:688718 SZSE:300692 WM RSG WCN XPAR:VIE GFL CLH XMAD:FCC CWST SHSE:603568 SZSE:002340
Traded in Other Exchanges
N/A
Address
Youfang Village, Shahe Town, Nanqiao District, Anhui Province, Chuzhou, CHN, 239060
Website
http://www.ah-cy.cn
Anhui Chaoyue Environmental Technology Co Ltd is a environmental protection enterprise specializing in the professional disposal of industrial hazardous waste, medical waste, dismantling of waste electrical and electronic products, comprehensive utilization of resources, and research and development of energy-saving and environmental protection technologies.

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