China Communications Services (HKSE:00552) Interest Expense : HK$-124 Mil (TTM As of Dec. 2023)

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What is China Communications Services Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. China Communications Services's interest expense for the six months ended in Dec. 2023 was HK$ -64 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-124 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. China Communications Services's Operating Income for the six months ended in Dec. 2023 was HK$ 1,112 Mil. China Communications Services's Interest Expense for the six months ended in Dec. 2023 was HK$ -64 Mil. China Communications Services's Interest Coverage for the quarter that ended in Dec. 2023 was 17.42. 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.

China Communications Services Interest Expense Historical Data

The historical data trend for China Communications Services'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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China Communications Services Interest Expense Chart

China Communications Services Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-76.66

-75.25

-96.27

-101.67

-124.40

China Communications Services 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															-54.93	-49.70	-54.32	-60.59	-63.81

China Communications Services 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$-124 Mil.

China Communications Services (HKSE:00552) 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.

China Communications Services's Interest Expense for the six months ended in Dec. 2023 was HK$-64 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$1,112 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$1,184 Mil.

China Communications Services'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	*	1111.606	/	-63.811
	=	17.42

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

China Communications Services (HKSE:00552) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » China Communications Services Corp Ltd (HKSE:00552) » Definitions » Interest Expense

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Address

Fenghuangzui Street, Block No. 1, Compound No. 1, Fengtai District, Beijing, CHN, 100073

Website

https://www.chinaccs.com.hk

China Communications Services Corp Ltd is active in the technology sector. It provides integrated comprehensive solutions for the informatization and digitalization sector. It provides integrated solutions, including telecommunications infrastructure services, business process outsourcing services as well as applications, content, and other services to telecommunications operators, government agencies, industrial customers, and small-and-medium enterprises.

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