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Fosun International (HKSE:00656) Interest Expense : HK$-13,207 Mil (TTM As of Jun. 2023)


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What is Fosun International Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Fosun International's interest expense for the six months ended in Jun. 2023 was HK$ -6,334 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was HK$-13,207 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. Fosun International's Operating Income for the six months ended in Jun. 2023 was HK$ 2,498 Mil. Fosun International's Interest Expense for the six months ended in Jun. 2023 was HK$ -6,334 Mil. Fosun International's Interest Coverage for the quarter that ended in Jun. 2023 was 0.39. 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.


Fosun International Interest Expense Historical Data

The historical data trend for Fosun International'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.

Fosun International Interest Expense Chart

Fosun International 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 -11,002.90 -11,283.27 -11,678.88 -11,696.78 -13,206.52

Fosun International 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 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 -6,111.96 -6,007.18 -5,973.93 -6,334.21 -6,872.32

Fosun International 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 Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-13,207 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.


Fosun International  (HKSE:00656) 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.

Fosun International's Interest Expense for the six months ended in Jun. 2023 was HK$-6,334 Mil. Its Operating Income for the six months ended in Jun. 2023 was HK$2,498 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2023 was HK$245,297 Mil.

Fosun International's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2023 )/Interest Expense (Q: Jun. 2023 )
=-1*2498.41/-6334.207
=0.39

* 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.


Fosun International (HKSE:00656) Business Description

Traded in Other Exchanges
Address
3 Garden Road, Room 808, Industrial and Commercial Bank of China Building, Central, Hong Kong, HKG
Fosun International Ltd is an investment holding company. The company's operating segments include Health; Happiness; Insurance; Asset Management and Intelligent Manufacturing. It generates maximum revenue from the Happiness segment. The Wealth Segment includes two major sub-segments: Insurance and Asset Management. The Happiness segment comprises principally the operation and investments in tourism and leisure, fashion consumer, and lifestyle industries. Geographically, it derives a majority of its revenue from the Chinese Mainland.

Fosun International (HKSE:00656) Headlines

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