Tencent Holdings (Tencent Holdings) Interest Expense : $-1,802 Mil (TTM As of Sep. 2023)

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What is Tencent Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Tencent Holdings's interest expense for the three months ended in Sep. 2023 was $ -381 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was $-1,802 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. Tencent Holdings's Operating Income for the three months ended in Sep. 2023 was $ 6,148 Mil. Tencent Holdings's Interest Expense for the three months ended in Sep. 2023 was $ -381 Mil. Tencent Holdings's Interest Coverage for the quarter that ended in Sep. 2023 was 16.12. 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.

Tencent Holdings Interest Expense Historical Data

The historical data trend for Tencent Holdings'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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Tencent Holdings Interest Expense Chart

Tencent Holdings Annual Data

Trend

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Dec23

Interest Expense

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-1,096.43

-1,139.11

-1,243.15

-1,432.22

-1,664.52

Tencent Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-615.49	-384.57	-420.17	-381.48	-

Tencent Holdings 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1,802 Mil.

Tencent Holdings (OTCPK:TCEHY) 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.

Tencent Holdings's Interest Expense for the three months ended in Sep. 2023 was $-381 Mil. Its Operating Income for the three months ended in Sep. 2023 was $6,148 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was $42,027 Mil.

Tencent Holdings's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2023 )	/	Interest Expense (Q: Sep. 2023 )
	=	-1	*	6148.07	/	-381.48
	=	16.12

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

Tencent Holdings (Tencent Holdings) Business Description

Industry

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TCTZF:USA TCEHY:Mexico 00700:Hong Kong 0Z4S:UK NNN:Germany NNND:Austria

Address

No. 33 Haitian 2nd Road, Tencent Binhai Towers, Nanshan District, Shenzhen, CHN, 518054

Website

http://www.tencent.com

Tencent is arguably the most influential internet firm in China as one can hardly go by a day without using its products. Tencent is the world's largest video game vendor and owns the world's top-grossing mobile game--Honor of Kings. Tencent also runs China's largest social media super app--WeChat. The app is now part of the fabric of life for Chinese people who use it to chat, shop, watch videos, play games, order food and taxis, and more. Equally as impressive as its own portfolio, Tencent is also among the world's largest venture capital and investment corporations. The firm is now one of the largest shareholders in leading tech companies like Meituan, JD, DiDi, Snap, PDD, Kuaishou, Epic Games, and more.