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Hilong Holding (HKSE:01623) Interest Expense : HK$-279 Mil (TTM As of Dec. 2024)


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What is Hilong Holding Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Hilong Holding's interest expense for the six months ended in Dec. 2024 was HK$ -137 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was HK$-279 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. Hilong Holding's Operating Income for the six months ended in Dec. 2024 was HK$ 166 Mil. Hilong Holding's Interest Expense for the six months ended in Dec. 2024 was HK$ -137 Mil. Hilong Holding's Interest Coverage for the quarter that ended in Dec. 2024 was 1.21. 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.

Hilong Holding Interest Expense Historical Data

The historical data trend for Hilong Holding'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.

Hilong Holding Interest Expense Chart

Hilong Holding Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -312.30 -334.20 -367.42 -310.03 -277.92

Hilong Holding Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 -189.71 -184.17 -125.86 -141.69 -137.40

Hilong Holding 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-279 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.

Hilong Holding  (HKSE:01623) 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.

Hilong Holding's Interest Expense for the six months ended in Dec. 2024 was HK$-137 Mil. Its Operating Income for the six months ended in Dec. 2024 was HK$166 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was HK$19 Mil.

Hilong Holding's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*165.839/-137.398
=1.21

* 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.

Hilong Holding Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Hilong Holding Ltd (HKSE:01623) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
No. 1825, Luodong Road, Baoshan Industrial Zone, Shanghai, CHN, 200949
Website
http://www.hilonggroup.com
Hilong Holding Ltd manufactures and distributes oil and gas drilling equipment and coating materials, and provisions coating, oilfield, and offshore engineering services. Its segments include Oilfield equipment manufacturing and services including the production of oilfield equipment and provision of OCTG coating services; Oilfield services provision, including the provision of well drilling services, integrated comprehensive services, oil country tubular goods (OCTG) trading and related services to oil and gas producers; and Offshore engineering services includes the provision of offshore engineering services and offshore design services. The Oilfield equipment manufacturing and services segment derives maximum revenue.
Executives
Scts Capital Pte. Ltd. 2306 Nominee for another person
Standard Chartered Trust (singapore) Limited 2301 Trustee
Gao Xia 2202 Interest of your spouse
Zhang Jun 2307 Founder of a discretionary trust who can infl
Hilong Group Limited 2101 Beneficial owner
Zhao Shumin 2101 Beneficial owner

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