International Business Settlement Holdings (HKSE:00147) Interest Expense : HK$-98.4 Mil (TTM As of Sep. 2023)

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What is International Business Settlement Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. International Business Settlement Holdings's interest expense for the six months ended in Sep. 2023 was HK$ -33.5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was HK$-98.4 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. International Business Settlement Holdings's Operating Income for the six months ended in Sep. 2023 was HK$ -9.4 Mil. International Business Settlement Holdings's Interest Expense for the six months ended in Sep. 2023 was HK$ -33.5 Mil. International Business Settlement Holdings did not have earnings to cover the interest expense. 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.

International Business Settlement Holdings Interest Expense Historical Data

The historical data trend for International Business Settlement 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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International Business Settlement Holdings Interest Expense Chart

International Business Settlement Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Interest Expense

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-7.34

-39.98

-2.58

-5.43

-72.08

International Business Settlement Holdings Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Interest Expense	Get a 7-Day Free Trial															-1.88	-3.55	-7.19	-64.89	-33.50

International Business Settlement 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 semi-annually data reported by the company within the most recent 12 months, which was HK$-98.4 Mil.

International Business Settlement Holdings (HKSE:00147) 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.

International Business Settlement Holdings's Interest Expense for the six months ended in Sep. 2023 was HK$-33.5 Mil. Its Operating Income for the six months ended in Sep. 2023 was HK$-9.4 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2023 was HK$123.9 Mil.

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

International Business Settlement Holdings did not have earnings to cover the interest expense.

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. International Business Settlement Holdings Ltd interest coverage is 2.09, which is low.

International Business Settlement Holdings (HKSE:00147) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » International Business Settlement Holdings Ltd (HKSE:00147) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

255-257 Gloucester Road, Unit 3103, 31st Floor, Sino Plaza, Causeway Bay, Hong Kong, HKG

Website

https://www.ibsettlement.com

International Business Settlement Holdings Ltd is an investment holding company. The company's operating segments include Property development; Hotel business; International business settlement; Contact lens business; Leasing and trading of computer equipment business and Financing business. It generates maximum revenue from the Property development segment which includes developing and selling commercial and residential properties, and car parking spaces including undertaking primary land development activities, in the PRC. Geographically, it derives a majority of its revenue from PRC.

Executives

Long Grand Limited	2101 Beneficial owner
Yam Yu	2201 Interest of corporation controlled by you
China Cinda (hk) Asset Management Co., Limited	2201 Interest of corporation controlled by you
China Cinda (hk) Holdings Company Limited	2201 Interest of corporation controlled by you
China Cinda Asset Management Co., Ltd.	2201 Interest of corporation controlled by you

International Business Settlement Holdings (HKSE:00147) Headlines

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