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United Energy Group (HKSE:00467) Interest Expense : HK$-294 Mil (TTM As of Dec. 2023)


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What is United Energy Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. United Energy Group's interest expense for the six months ended in Dec. 2023 was HK$ -150 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-294 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. United Energy Group's Operating Income for the six months ended in Dec. 2023 was HK$ 1,036 Mil. United Energy Group's Interest Expense for the six months ended in Dec. 2023 was HK$ -150 Mil. United Energy Group's Interest Coverage for the quarter that ended in Dec. 2023 was 6.91. 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.


United Energy Group Interest Expense Historical Data

The historical data trend for United Energy 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.

United Energy Group Interest Expense Chart

United Energy Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -440.96 -312.59 -266.91 -387.64 -293.63

United Energy 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 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 -130.25 -167.95 -219.69 -143.66 -149.98

United Energy 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$-294 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.


United Energy Group  (HKSE:00467) 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.

United Energy Group's Interest Expense for the six months ended in Dec. 2023 was HK$-150 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$1,036 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$2,587 Mil.

United Energy 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*1035.835/-149.975
=6.91

* 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.


United Energy Group (HKSE:00467) Business Description

Traded in Other Exchanges
Address
Two Pacific Place, 88 Queensway, Admiralty, Suite 2505, 25th Floor, Hong Kong, HKG
United Energy Group Ltd is principally engaged in the investment and operation of upstream oil, natural gas, and other energy-related businesses. Geographically, the firm has operational footprints in Pakistan, Singapore, Egypt, and Iraq. Though the company generates majority of its revenue in Pakistan, Its oil and natural gas resources are the primary sources of revenue.
Executives
He Fu International Limited 2101 Beneficial owner
Huilan Investment Limited 2201 Interest of corporation controlled by you
Ming Ze Dong Fang Tou Zi You Xian Gong Si 2201 Interest of corporation controlled by you
Dong Fang Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Zhang Hong Wei 2201 Interest of corporation controlled by you
Dong Fang Ji Tuan Chan Ye Fa Zhan You Xian Gong Si 2201 Interest of corporation controlled by you
United Petroleum & Natural Gas Holdings Limited 2101 Beneficial owner
United Energy Holdings Limited 2101 Beneficial owner
Million Fortune Enterprises Limited 2201 Interest of corporation controlled by you
Bei Jing Qing Long Hu Jia He Qi Ye Guan Li You Xian Gong Si 2101 Beneficial owner
Dong Fang Ji Tuan Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Dong Fang Ji Tuan Liang You Shi Pin You Xian Gong Si 2201 Interest of corporation controlled by you
Haitong Securities Co., Ltd. 2201 Interest of corporation controlled by you
Haitong International Securities Group Limited 2201 Interest of corporation controlled by you
Haitong International Holdings Limited 2201 Interest of corporation controlled by you

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