China Overseas Land & Investment (HKSE:00688) Interest Expense : HK$-1,129 Mil (TTM As of Dec. 2023)

View and export this data going back to 1992. Start your Free Trial

What is China Overseas Land & Investment Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. China Overseas Land & Investment's interest expense for the six months ended in Dec. 2023 was HK$ -530 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-1,129 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 Overseas Land & Investment's Operating Income for the six months ended in Dec. 2023 was HK$ 19,151 Mil. China Overseas Land & Investment's Interest Expense for the six months ended in Dec. 2023 was HK$ -530 Mil. China Overseas Land & Investment's Interest Coverage for the quarter that ended in Dec. 2023 was 36.16. 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 Overseas Land & Investment Interest Expense Historical Data

The historical data trend for China Overseas Land & Investment'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.

China Overseas Land & Investment Interest Expense Chart

China Overseas Land & Investment Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-844.91

-1,047.79

-1,060.30

-1,180.06

-1,129.27

China Overseas Land & Investment 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															-549.86	-616.71	-592.54	-599.67	-529.60

China Overseas Land & Investment 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$-1,129 Mil.

China Overseas Land & Investment (HKSE:00688) 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 Overseas Land & Investment's Interest Expense for the six months ended in Dec. 2023 was HK$-530 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$19,151 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$238,068 Mil.

China Overseas Land & Investment'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	*	19151.032	/	-529.6
	=	36.16

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

China Overseas Land & Investment (HKSE:00688) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » China Overseas Land & Investment Ltd (HKSE:00688) » Definitions » Interest Expense

Traded in Other Exchanges

CAOVY:USA CAOVF:USA CPP:Germany

Address

1 Queen's Road East, 10th Floor, Three Pacific Place, Hong Kong, HKG

Website

http://www.coli.com.hk

China Overseas Land & Investment, or COLI, is a large real estate developer in China. Property development accounts for most of the core earnings, with operating scale among the top five of all peers regarding contracted sales. In addition to property development, COLI has actively grown its commercial property portfolio, with a dual focus on offices and shopping malls for recurring income. COLI is a subsidiary of China State Construction Engineering, China's largest construction firm. It also holds a 39.6% stake in China Overseas Grand Oceans, a real estate developer focusing on lower-tier cities in China.

China Overseas Land & Investment (HKSE:00688) Headlines

No Headlines