Guoco Group (Guoco Group) Interest Expense : $-247 Mil (TTM As of Dec. 2023)

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What is Guoco Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Guoco Group's interest expense for the six months ended in Dec. 2023 was $ -138 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-247 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. Guoco Group's Operating Income for the six months ended in Dec. 2023 was $ 297 Mil. Guoco Group's Interest Expense for the six months ended in Dec. 2023 was $ -138 Mil. Guoco Group's Interest Coverage for the quarter that ended in Dec. 2023 was 2.15. 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.

Guoco Group Interest Expense Historical Data

The historical data trend for Guoco Group'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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Guoco Group Interest Expense Chart

Guoco Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Interest Expense

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-107.28

-146.83

-135.33

-135.77

-188.26

Guoco Group 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															-64.97	-71.20	-80.30	-108.45	-138.14

Guoco Group 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 $-247 Mil.

Guoco Group (OTCPK:GULRY) 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.

Guoco Group's Interest Expense for the six months ended in Dec. 2023 was $-138 Mil. Its Operating Income for the six months ended in Dec. 2023 was $297 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was $3,963 Mil.

Guoco Group'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	*	297.419	/	-138.144
	=	2.15

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

Guoco Group (Guoco Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Guoco Group Ltd (OTCPK:GULRY) » Definitions » Interest Expense

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GULRF:USA 00053:Hong Kong

Address

99 Queen's Road Central, 50th Floor, The Center, Hong Kong, HKG

Website

https://www.guoco.com

Guoco Group Ltd is a holdings company engaged in investment and financial businesses globally. The company operates in four main segments: principal investment, property development and investment, hospitality and leisure, and financial services. It generates additional revenue from oil and gas production. Principal investment segment covers direct and equity investments, and treasury operations. The property development and investment segment, develops residential and commercial properties in China and Southeast Asia. The main revenue driver, hospitality and leisure segment owns, leases, and manages hotels, and operates gaming businesses in the UK, Spain and Belgium. The financial-services segment includes commercial, consumer and investment banking, as well as insurance services.