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Wuhan Tianyuan Environmental Protection Co (SZSE:301127) Interest Expense : ¥-37 Mil (TTM As of Mar. 2024)


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What is Wuhan Tianyuan Environmental Protection Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Wuhan Tianyuan Environmental Protection Co's interest expense for the three months ended in Mar. 2024 was ¥ -10 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-37 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. Wuhan Tianyuan Environmental Protection Co's Operating Income for the three months ended in Mar. 2024 was ¥ 38 Mil. Wuhan Tianyuan Environmental Protection Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -10 Mil. Wuhan Tianyuan Environmental Protection Co's Interest Coverage for the quarter that ended in Mar. 2024 was 3.76. 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.

Wuhan Tianyuan Environmental Protection Co Interest Expense Historical Data

The historical data trend for Wuhan Tianyuan 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.

Wuhan Tianyuan Environmental Protection Co Interest Expense Chart

Wuhan Tianyuan Environmental Protection Co Annual Data
Trend Dec12 Dec13 Dec14 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -9.52 -13.76 -16.02 -9.34 -30.72

Wuhan Tianyuan Environmental Protection Co Quarterly Data
Jun15 Dec17 Dec18 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 - - -11.72 -15.11 -10.20

Wuhan Tianyuan 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 ¥-37 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.

Wuhan Tianyuan Environmental Protection Co  (SZSE:301127) 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.

Wuhan Tianyuan Environmental Protection Co's Interest Expense for the three months ended in Mar. 2024 was ¥-10 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥38 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥1,977 Mil.

Wuhan Tianyuan 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*38.32/-10.202
=3.76

* 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.

Wuhan Tianyuan Environmental Protection Co (SZSE:301127) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Wuhan Tianyuan Environmental Protection Co Ltd (SZSE:301127) » Definitions » Interest Expense
Comparable Companies
SHSE:688087 SZSE:300867 SZSE:002973 SZSE:301305 SZSE:000826 SZSE:300388 SZSE:301519 SZSE:300187 SZSE:301372 SHSE:688370 WM RSG WCN XPAR:VIE GFL CLH XMAD:FCC CWST SHSE:603568 SZSE:002340
Traded in Other Exchanges
N/A
Address
No.392, Weihu West Road, Shamao Street, Hannan District, Hubei Province, Wuhan, CHN, 430000
Website
http://www.tianyuanhuanbao.com
Wuhan Tianyuan Environmental Protection Co Ltd is engaged in the research and development, manufacturing and integration, environmental protection engineering construction and environmental protection project operation services.

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