China Traditional Chinese Medicine Holdings Co (HKSE:00570) Interest Expense : HK$-218 Mil (TTM As of Dec. 2023)

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What is China Traditional Chinese Medicine Holdings Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. China Traditional Chinese Medicine Holdings Co's interest expense for the six months ended in Dec. 2023 was HK$ -102 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-218 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 Traditional Chinese Medicine Holdings Co's Operating Income for the six months ended in Dec. 2023 was HK$ 567 Mil. China Traditional Chinese Medicine Holdings Co's Interest Expense for the six months ended in Dec. 2023 was HK$ -102 Mil. China Traditional Chinese Medicine Holdings Co's Interest Coverage for the quarter that ended in Dec. 2023 was 5.54. 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 Traditional Chinese Medicine Holdings Co Interest Expense Historical Data

The historical data trend for China Traditional Chinese Medicine Holdings Co'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 Traditional Chinese Medicine Holdings Co Interest Expense Chart

China Traditional Chinese Medicine Holdings Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-334.99

-290.04

-271.87

-246.45

-217.71

China Traditional Chinese Medicine Holdings Co 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															-137.26	-115.54	-136.38	-115.33	-102.39

China Traditional Chinese Medicine Holdings Co 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$-218 Mil.

China Traditional Chinese Medicine Holdings Co (HKSE:00570) 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 Traditional Chinese Medicine Holdings Co's Interest Expense for the six months ended in Dec. 2023 was HK$-102 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$567 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$2,396 Mil.

China Traditional Chinese Medicine Holdings Co'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	*	567.054	/	-102.385
	=	5.54

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

China Traditional Chinese Medicine Holdings Co (HKSE:00570) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » China Traditional Chinese Medicine Holdings Co Ltd (HKSE:00570) » Definitions » Interest Expense

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WSG:Germany

Address

288 Hennessy Road, Room 1601, Emperor Group Centre, Wanchai, Hong Kong, HKG

Website

https://www.china-tcm.com.cn

China Traditional Chinese Medicine Holdings Co Ltd is engaged in the Chinese healthcare sector. The company functions through five segments, finished drugs; concentrated TCM granules; TCM decoction pieces; TCM healthcare complex, and Local TCM integrated operation. It generates maximum revenue from the concentrated TCM granules segment. Geographically, it derives a majority of its revenue from Mainland China.

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