Xinyuan Real Estate Co (Xinyuan Real Estate Co) Interest Expense

: $-159.3 Mil (TTM As of Jun. 2023)

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Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Xinyuan Real Estate Co's interest expense for the six months ended in Jun. 2023 was $ -85.3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was $-159.3 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. Xinyuan Real Estate Co's Operating Income for the six months ended in Jun. 2023 was $ 54.7 Mil. Xinyuan Real Estate Co's Interest Expense for the six months ended in Jun. 2023 was $ -85.3 Mil. Xinyuan Real Estate Co's Interest Coverage for the quarter that ended in Jun. 2023 was 0.64. 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.

Xinyuan Real Estate Co Interest Expense Historical Data

The historical data trend for Xinyuan Real Estate 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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Xinyuan Real Estate Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Interest Expense

-90.62

-105.64

-129.37

-183.05

-157.75

Xinyuan Real Estate Co Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Interest Expense																-84.16	-98.89	-83.77	-73.98	-85.29

Xinyuan Real Estate 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 Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-159.3 Mil.

Xinyuan Real Estate Co (NYSE:XIN) 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.

Xinyuan Real Estate Co's Interest Expense for the six months ended in Jun. 2023 was $-85.3 Mil. Its Operating Income for the six months ended in Jun. 2023 was $54.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2023 was $517.2 Mil.

Xinyuan Real Estate Co's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Jun. 2023 )	/	Interest Expense (Q: Jun. 2023 )
	=	-1	*	54.695	/	-85.29
	=	0.64

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. Xinyuan Real Estate Co Ltds earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

Xinyuan Real Estate Co (Xinyuan Real Estate Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Xinyuan Real Estate Co Ltd (NYSE:XIN) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

3XR:Germany

Address

79 Jianguo Road, 27th Floor, China Central Place, Tower II, Chaoyang District, Beijing, CHN, 100025

Website

http://www.xyre.com

Xinyuan Real Estate Co Ltd operates as a real estate developer and property manager in China. It develops and manages large-scale, high-quality real estate projects in over ten tier one and tier two cities, including Beijing, Shanghai, Zhengzhou, Suzhou, among others. It aims to provide comfortable and convenient real estate-related products and services to middle-class consumers. Xinyuan's product portfolio consists of multiple-rise buildings, sub-high-rise buildings, and high-rise buildings, together with auxiliary services and amenities such as retail outlets, leisure and health facilities, kindergartens and schools. In addition, the company provides property management services for its projects and other real estate-related services to its customers.