China Merchants Port Holdings Co (China Merchants Port Holdings Co) Interest Expense : $-227 Mil (TTM As of Dec. 2023)

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What is China Merchants Port Holdings Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. China Merchants Port Holdings Co's interest expense for the six months ended in Dec. 2023 was $ -113 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-227 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. China Merchants Port Holdings Co's Operating Income for the six months ended in Dec. 2023 was $ 243 Mil. China Merchants Port Holdings Co's Interest Expense for the six months ended in Dec. 2023 was $ -113 Mil. China Merchants Port Holdings Co's Interest Coverage for the quarter that ended in Dec. 2023 was 2.16. 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.

China Merchants Port Holdings Co Interest Expense Historical Data

The historical data trend for China Merchants Port Holdings 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.

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China Merchants Port Holdings Co Interest Expense Chart

China Merchants Port Holdings Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-255.75

-235.04

-232.72

-239.04

-227.15

China Merchants Port Holdings Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial															-124.12	-129.71	-108.28	-114.13	-112.68

China Merchants Port Holdings 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-227 Mil.

China Merchants Port Holdings Co (OTCPK:CMHHY) 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.

China Merchants Port Holdings Co's Interest Expense for the six months ended in Dec. 2023 was $-113 Mil. Its Operating Income for the six months ended in Dec. 2023 was $243 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was $2,732 Mil.

China Merchants Port Holdings Co's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	243.412	/	-112.679
	=	2.16

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

China Merchants Port Holdings Co (China Merchants Port Holdings Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » China Merchants Port Holdings Co Ltd (OTCPK:CMHHY) » Definitions » Interest Expense

Traded in Other Exchanges

CMHHF:USA 00144:Hong Kong CPM:Germany

Address

168-200 Connaught Road Central, 38th Floor, China Merchants Tower, Shun Tak Centre, Hong Kong, HKG

Website

https://www.cmport.com.hk

China Merchants Port Holdings Co Ltd is a port operator. It has a geographically diversified port network stretching across China's coastline, as well as growing exposure in overseas ports. The company also provides bonded logistic park operation, along with property development through its associates and joint-controlled entities. Its operating segment includes Ports operation and Other operations. The company generates maximum revenue from the Ports operation segment.

China Merchants Port Holdings Co (China Merchants Port Holdings Co) Headlines

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