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Deewin Tianxia Co (HKSE:02418) Interest Expense : HK$-47 Mil (TTM As of Dec. 2023)


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What is Deewin Tianxia Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Deewin Tianxia Co's interest expense for the six months ended in Dec. 2023 was HK$ -23 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-47 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. Deewin Tianxia Co's Operating Income for the six months ended in Dec. 2023 was HK$ 175 Mil. Deewin Tianxia Co's Interest Expense for the six months ended in Dec. 2023 was HK$ -23 Mil. Deewin Tianxia Co's Interest Coverage for the quarter that ended in Dec. 2023 was 7.79. 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.


Deewin Tianxia Co Interest Expense Historical Data

The historical data trend for Deewin Tianxia 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.

* Premium members only.

Deewin Tianxia Co Interest Expense Chart

Deewin Tianxia Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
-8.88 -3.87 -8.28 -35.03 -47.45

Deewin Tianxia Co Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Interest Expense Get a 7-Day Free Trial -3.10 -23.28 -12.86 -24.92 -22.53

Deewin Tianxia 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$-47 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.


Deewin Tianxia Co  (HKSE:02418) 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.

Deewin Tianxia Co's Interest Expense for the six months ended in Dec. 2023 was HK$-23 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$175 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$613 Mil.

Deewin Tianxia 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*175.475/-22.529
=7.79

* 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.


Deewin Tianxia Co (HKSE:02418) Business Description

Traded in Other Exchanges
N/A
Address
29 West Section of Xijin Road, Building 1, Jingwei Centre, 16th Floor, Unit 1, Economic and Technological Development Zone, Jingwei New City, Shaanxi, Xi’an, CHN
Deewin Tianxia Co Ltd is principally engaged in the business of logistics and supply chain service including supply chain business, automobile sales business and aftermarket product business, supply chain financial service including financial leasing business, factoring business and insurance brokerage business, and internet of vehicle and data service in China to players along the commercial automobile industry chain. Commercial automobiles, mainly include trucks, pickups, trailers, buses and lorries.
Executives
Jian Xin Xin Tuo Jian Hang Hao Dan Yi Zi Jin Xin Tuo Ji Hua
Hai Nan Tian Kun Tian Zhi Si Mu Gu Quan Tou Zi Ji Jin He Huo Qi Ye You Xian He Huo 2101 Beneficial owner
Hai Nan Tian Kun Si Mu Gu Quan Tou Zi Ji Jin Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Shang Hai Guo Ji Xin Tuo You Xian Gong Si 2301 Trustee
Guo Tou Tai Kang Xin Tuo You Xian Gong Si 2301 Trustee
Hwabao Trust Co., Ltd 2301 Trustee
Shan Xi Qi Che Kong Gu Ji Tuan You Xian Gong Si
Shan Xi Qi Che Ji Tuan Gu Fen You Xian Gong Si
Shan Xi Zhong Xing Qi Che You Xian Gong Si

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