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Fineland Living Services Group (HKSE:09978) Interest Expense : HK$-1.6 Mil (TTM As of Dec. 2023)


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What is Fineland Living Services Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Fineland Living Services Group's interest expense for the six months ended in Dec. 2023 was HK$ -0.8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-1.6 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. Fineland Living Services Group's Operating Income for the six months ended in Dec. 2023 was HK$ 11.0 Mil. Fineland Living Services Group's Interest Expense for the six months ended in Dec. 2023 was HK$ -0.8 Mil. Fineland Living Services Group's Interest Coverage for the quarter that ended in Dec. 2023 was 13.68. 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.


Fineland Living Services Group Interest Expense Historical Data

The historical data trend for Fineland Living Services 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.

* Premium members only.

Fineland Living Services Group Interest Expense Chart

Fineland Living Services Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only -0.75 -0.51 -0.32 -1.33 -1.61

Fineland Living Services Group Semi-Annual Data
Dec15 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 -0.12 -0.50 -0.85 -0.81 -0.80

Fineland Living Services 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 HK$-1.6 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.


Fineland Living Services Group  (HKSE:09978) 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.

Fineland Living Services Group's Interest Expense for the six months ended in Dec. 2023 was HK$-0.8 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$11.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$1.0 Mil.

Fineland Living Services 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*10.957/-0.801
=13.68

* 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.


Fineland Living Services Group (HKSE:09978) Business Description

Traded in Other Exchanges
N/A
Address
No. 28 Tiyu East Road, Fineland Plaza, Tianhe District, Guangzhou, CHN
Fineland Living Services Group Ltd formerly Fineland Real Estate Services Group Ltd is principally engaged in the provision of comprehensive real estate agency services. The company through its operators in Guangzhou, China provides real estate agency services in both the primary and secondary property markets. It operates in the business segments of Real estate agency service which includes online property referral and agency service; Property research and consultancy service; and Integrated services.

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