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Hunan Junxin Environmental Protection Co (SZSE:301109) Interest Expense : ¥-128 Mil (TTM As of Mar. 2024)


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What is Hunan Junxin Environmental Protection Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Hunan Junxin Environmental Protection Co's interest expense for the three months ended in Mar. 2024 was ¥ -30 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-128 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. Hunan Junxin Environmental Protection Co's Operating Income for the three months ended in Mar. 2024 was ¥ 187 Mil. Hunan Junxin Environmental Protection Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -30 Mil. Hunan Junxin Environmental Protection Co's Interest Coverage for the quarter that ended in Mar. 2024 was 6.34. 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.


Hunan Junxin Environmental Protection Co Interest Expense Historical Data

The historical data trend for Hunan Junxin Environmental Protection 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.

Hunan Junxin Environmental Protection Co Interest Expense Chart

Hunan Junxin Environmental Protection Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -103.02 -91.69 -121.20 -166.73 -135.19

Hunan Junxin Environmental Protection Co Quarterly Data
Jun18 Dec18 Jun19 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 -36.75 -21.06 -46.63 -30.75 -29.55

Hunan Junxin Environmental Protection 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 ¥-128 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.


Hunan Junxin Environmental Protection Co  (SZSE:301109) 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.

Hunan Junxin Environmental Protection Co's Interest Expense for the three months ended in Mar. 2024 was ¥-30 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥187 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥2,186 Mil.

Hunan Junxin Environmental Protection 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*187.383/-29.554
=6.34

* 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.


Hunan Junxin Environmental Protection Co (SZSE:301109) Business Description

Traded in Other Exchanges
N/A
Address
Office Building, Hunan Junxin Environmental Protection, Qiaoyi Town, Wangcheng District, Hunan Province, Changsha, CHN, 410200
Hunan Juxin Enviromental Protection Co Ltd is a professional environmental protection enterprise engaged in the treatment of domestic waste, landfill leachate, municipal sludge, fly ash and other urban solid waste, integrating investment and construction, technology research and development, and operation and management.
Executives
He Ying Pin Director
Dai Dao Guo Director

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