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China Unicom (Hong Kong) (China Unicom (Hong Kong)) Interest Expense : $-195 Mil (TTM As of Dec. 2023)


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What is China Unicom (Hong Kong) Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. China Unicom (Hong Kong)'s interest expense for the three months ended in Dec. 2023 was $ -74 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-195 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 Unicom (Hong Kong)'s Operating Income for the three months ended in Dec. 2023 was $ -55 Mil. China Unicom (Hong Kong)'s Interest Expense for the three months ended in Dec. 2023 was $ -74 Mil. China Unicom (Hong Kong) did not have earnings to cover the interest expense. 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 Unicom (Hong Kong) Interest Expense Historical Data

The historical data trend for China Unicom (Hong Kong)'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 Unicom (Hong Kong) Interest Expense Chart

China Unicom (Hong Kong) Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -287.44 -246.51 -204.58 -152.04 -277.44

China Unicom (Hong Kong) Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23 Mar24
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 -41.17 - -60.98 -74.37 -59.85

China Unicom (Hong Kong) 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 quarterly data reported by the company within the most recent 12 months, which was $-195 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.


China Unicom (Hong Kong)  (NYSE:CHU) 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.

China Unicom (Hong Kong)'s Interest Expense for the three months ended in Dec. 2023 was $-74 Mil. Its Operating Income for the three months ended in Dec. 2023 was $-55 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $4,463 Mil.

China Unicom (Hong Kong)'s Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

China Unicom (Hong Kong) did not have earnings to cover the interest expense.

* 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.


China Unicom (Hong Kong) (China Unicom (Hong Kong)) Business Description

Traded in Other Exchanges
Address
99 Queen's Road, 75th Floor, The Center, Central, Hong Kong, HKG
China Unicom is the incumbent fixed-line operator in 10 northern Chinese provinces, as well as the third-largest wireless operator nationwide. As at June 2023, it had 328 million billing wireless customers and around 108 million broadband subscribers. China Unicom also has a growing ICT business. We estimate it has the third largest internet data center business in China and its Cloud Service revenue is also showing very strong growth. It has its own 4G network and shares the radio access function with China Telecom for its 5G network.