Guangdong Feinan Resources Recycling Co (SZSE:301500) Interest Expense : ¥-123 Mil (TTM As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Guangdong Feinan Resources Recycling Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Guangdong Feinan Resources Recycling Co's interest expense for the three months ended in Mar. 2024 was ¥ -36 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-123 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. Guangdong Feinan Resources Recycling Co's Operating Income for the three months ended in Mar. 2024 was ¥ 1 Mil. Guangdong Feinan Resources Recycling Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -36 Mil. Guangdong Feinan Resources Recycling Co's Interest Coverage for the quarter that ended in Mar. 2024 was 0.03. 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.

Guangdong Feinan Resources Recycling Co Interest Expense Historical Data

The historical data trend for Guangdong Feinan Resources Recycling 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.

Guangdong Feinan Resources Recycling Co Interest Expense Chart

Guangdong Feinan Resources Recycling Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-1.19

-10.32

-39.34

-99.66

-105.19

Guangdong Feinan Resources Recycling Co Quarterly Data
	Dec17	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial											-17.96	-24.79	-33.17	-29.28	-35.97

Guangdong Feinan Resources Recycling 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 ¥-123 Mil.

Guangdong Feinan Resources Recycling Co (SZSE:301500) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Guangdong Feinan Resources Recycling Co's Interest Expense for the three months ended in Mar. 2024 was ¥-36 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥1 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥2,188 Mil.

Guangdong Feinan Resources Recycling 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	*	1.115	/	-35.97
	=	0.03

The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Guangdong Feinan Resources Recycling Co Ltd interest coverage is 1.22, which is low.

Guangdong Feinan Resources Recycling Co (SZSE:301500) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Guangdong Feinan Resources Recycling Co Ltd (SZSE:301500) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3-6, Dachong Section, Guihe Road, Lishui Town, Nanhai, Guangdong, Foshan, CHN, 526233

Website

https://www.feinanresources.com

Guangdong Feinan Resources Recycling Co Ltd is mainly engaged in the disposal of non-ferrous metal hazardous waste and the recycling of renewable resources. It is an environmental protection enterprise covering hazardous waste collection, harmless disposal, and resource recycling. The company applies traditional metallurgical technology to the non-ferrous metal hazardous waste disposal and utilization business. It can combine different batches of hazardous waste with low metal grade and different impurity content with copper-containing materials and adopt leading process technology to ultimately produce electrolytic copper, and ice Copper, anode slime and other resource-based products can truly realize resource regeneration and turn waste into treasure.

Guangdong Feinan Resources Recycling Co (SZSE:301500) Headlines

No Headlines