Hongkong Land Holdings (Hongkong Land Holdings) Interest Expense : $-243 Mil (TTM As of Dec. 2023)

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What is Hongkong Land Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Hongkong Land Holdings's interest expense for the six months ended in Dec. 2023 was $ -120 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-243 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. Hongkong Land Holdings's Operating Income for the six months ended in Dec. 2023 was $ 402 Mil. Hongkong Land Holdings's Interest Expense for the six months ended in Dec. 2023 was $ -120 Mil. Hongkong Land Holdings's Interest Coverage for the quarter that ended in Dec. 2023 was 3.36. 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.

Hongkong Land Holdings Interest Expense Historical Data

The historical data trend for Hongkong Land 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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Hongkong Land Holdings Interest Expense Chart

Hongkong Land Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-193.00

-182.50

-202.50

-216.00

-243.30

Hongkong Land Holdings 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															-95.60	-114.40	-101.60	-123.70	-119.60

Hongkong Land 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-243 Mil.

Hongkong Land Holdings (OTCPK:HKHGF) 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.

Hongkong Land Holdings's Interest Expense for the six months ended in Dec. 2023 was $-120 Mil. Its Operating Income for the six months ended in Dec. 2023 was $402 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was $5,785 Mil.

Hongkong Land Holdings'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	*	402.3	/	-119.6
	=	3.36

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

Hongkong Land Holdings (Hongkong Land Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Hongkong Land Holdings Ltd (OTCPK:HKHGF) » Definitions » Interest Expense

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Traded in Other Exchanges

HNGKY:USA H78:Singapore HKLD:UK HLH:Germany

Address

33-35 Street, Jardine House, 4th Floor, Hamilton, BMU

Website

https://www.hkland.com

Hongkong Land is a property investor focusing on holding prime commercial assets in Hong Kong, mainland China and Singapore. It is the largest office landlord in Hong Kong's Central Business District and the second largest in Hong Kong overall. The Central portfolio includes 4.1 million square feet of office space and 0.6 million square feet of retail space. The company also holds 1.6 million square feet of office space in Singapore. The company also has property development business in mainland China, Singapore, and Southeast Asia. Hongkong Land is dual listed on the London Stock Exchange and the Singapore Exchange. Jardine Matheson Holdings owns 53% of the company.

Hongkong Land Holdings (Hongkong Land Holdings) Headlines

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