Galaxy Entertainment Group (HKSE:00027) Interest Expense : HK$-182 Mil (TTM As of Dec. 2023)

View and export this data going back to 1991. Start your Free Trial

What is Galaxy Entertainment Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Galaxy Entertainment Group's interest expense for the six months ended in Dec. 2023 was HK$ -60 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-182 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. Galaxy Entertainment Group's Operating Income for the six months ended in Dec. 2023 was HK$ 3,544 Mil. Galaxy Entertainment Group's Interest Expense for the six months ended in Dec. 2023 was HK$ -60 Mil. Galaxy Entertainment Group's Interest Coverage for the quarter that ended in Dec. 2023 was 59.37. 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.

Galaxy Entertainment Group Interest Expense Historical Data

The historical data trend for Galaxy Entertainment Group'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.

Galaxy Entertainment Group Interest Expense Chart

Galaxy Entertainment Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-120.94

-34.08

-64.29

-103.90

-181.82

Galaxy Entertainment Group 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															-37.13	-40.65	-63.25	-122.12	-59.70

Galaxy Entertainment Group 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 HK$-182 Mil.

Galaxy Entertainment Group (HKSE:00027) 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.

Galaxy Entertainment Group's Interest Expense for the six months ended in Dec. 2023 was HK$-60 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$3,544 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$549 Mil.

Galaxy Entertainment Group'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	*	3544.266	/	-59.702
	=	59.37

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

Galaxy Entertainment Group (HKSE:00027) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Galaxy Entertainment Group Ltd (HKSE:00027) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

GXYYY:USA GXYEF:USA KW9A:Germany

Address

111 Connaught Road Central, 22nd Floor, Wing On Centre, Hong Kong, HKG

Website

https://www.galaxyentertainment.com

Galaxy Entertainment is one of six casino licenseholders in Macao. Its major properties include Starworld casino in the Macao Peninsula, and Galaxy Macau phases 1, 2 and 3 in Cotai, with a hotel capacity of approximately 5,564 rooms.

Galaxy Entertainment Group (HKSE:00027) Headlines

No Headlines