GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Tsim Sha Tsui Properties Ltd (HKSE:00247) » Definitions » Interest Expense

Tsim Sha Tsui Properties (HKSE:00247) Interest Expense : HK$-74 Mil (TTM As of Dec. 2023)


View and export this data going back to 1972. Start your Free Trial

What is Tsim Sha Tsui Properties Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Tsim Sha Tsui Properties's interest expense for the six months ended in Dec. 2023 was HK$ -26 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-74 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. Tsim Sha Tsui Properties's Operating Income for the six months ended in Dec. 2023 was HK$ 1,329 Mil. Tsim Sha Tsui Properties's Interest Expense for the six months ended in Dec. 2023 was HK$ -26 Mil. Tsim Sha Tsui Properties's Interest Coverage for the quarter that ended in Dec. 2023 was 51.45. 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.


Tsim Sha Tsui Properties Interest Expense Historical Data

The historical data trend for Tsim Sha Tsui Properties'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.

Tsim Sha Tsui Properties Interest Expense Chart

Tsim Sha Tsui Properties Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -73.37 -44.88 -51.71 -39.06 -82.32

Tsim Sha Tsui Properties 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -17.50 -21.56 -33.83 -48.49 -25.82

Tsim Sha Tsui Properties 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$-74 Mil.

* 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.


Tsim Sha Tsui Properties  (HKSE:00247) Interest Expense Explanation

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. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Tsim Sha Tsui Properties's Interest Expense for the six months ended in Dec. 2023 was HK$-26 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$1,329 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$1,677 Mil.

Tsim Sha Tsui Properties'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*1328.511/-25.82
=51.45

* 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.

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


Tsim Sha Tsui Properties (HKSE:00247) Business Description

Traded in Other Exchanges
N/A
Address
Salisbury Road, 12th Floor, Tsim Sha Tsui Centre, Tsim Sha Tsui, Kowloon, Hong Kong, HKG
Tsim Sha Tsui Properties Ltd is in the business of developing properties for sale and investment. The firm's portfolio consists of residential properties, offices, industrial buildings, and Shopping malls. It also provides property services such as property management, car park management, cleaning, environmental services, security services, etc. The company has Property sales, property rental, Property management, and Other services, Hotel operations, Investments in securities, and Financing operating segments. It generates maximum revenue from the Property sales segment.
Executives
Ng Chee Siong 2304 Executor or administrator
Fanlight Investment Limited 2101 Beneficial owner
Ng Chee Tat, Philip 2304 Executor or administrator
Tamworth Investment Limited 2101 Beneficial owner

Tsim Sha Tsui Properties (HKSE:00247) Headlines

No Headlines