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Lai Fung Holdings (Lai Fung Holdings) Interest Expense : $-69.38 Mil (TTM As of Jan. 2024)


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What is Lai Fung Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Lai Fung Holdings's interest expense for the six months ended in Jan. 2024 was $ -35.88 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jan. 2024 was $-69.38 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. Lai Fung Holdings's Operating Income for the six months ended in Jan. 2024 was $ 60.01 Mil. Lai Fung Holdings's Interest Expense for the six months ended in Jan. 2024 was $ -35.88 Mil. Lai Fung Holdings's Interest Coverage for the quarter that ended in Jan. 2024 was 1.67. 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.


Lai Fung Holdings Interest Expense Historical Data

The historical data trend for Lai Fung Holdings'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.

Lai Fung Holdings Interest Expense Chart

Lai Fung Holdings Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -9.75 -29.96 -46.24 -44.23 -64.35

Lai Fung Holdings Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 -24.09 -20.32 -30.83 -33.50 -35.88

Lai Fung Holdings 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 Jan. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-69.38 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.


Lai Fung Holdings  (OTCPK:LNGHY) 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.

Lai Fung Holdings's Interest Expense for the six months ended in Jan. 2024 was $-35.88 Mil. Its Operating Income for the six months ended in Jan. 2024 was $60.01 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jan. 2024 was $1,179.11 Mil.

Lai Fung Holdings's Interest Coverage for the quarter that ended in Jan. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Jan. 2024 )/Interest Expense (Q: Jan. 2024 )
=-1*60.011/-35.881
=1.67

* 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.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Lai Fung Holdings Ltds earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.


Lai Fung Holdings (Lai Fung Holdings) Business Description

Traded in Other Exchanges
Address
680 Cheung Sha Wan Road, 11th Floor, Lai Sun Commercial Centre, Kowloon, Hong Kong, HKG
Lai Fung Holdings Ltd is an investment holding company. The company's operating segment includes Property development; Property investment; Hotel and serviced apartment operation and Theme park operation. It generates maximum revenue from the Property development segment. The property development segment engages in the development of properties for sale in Mainland China. Geographically, the company generates a majority of its revenue from Mainland China.

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