Hutchison Port Holdings Trust (SGX:NS8U) Interest Expense : $-106 Mil (TTM As of Dec. 2023)

View and export this data going back to 2011. Start your Free Trial

What is Hutchison Port Holdings Trust Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Hutchison Port Holdings Trust's interest expense for the six months ended in Dec. 2023 was $ -55 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-106 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. Hutchison Port Holdings Trust's Operating Income for the six months ended in Dec. 2023 was $ 201 Mil. Hutchison Port Holdings Trust's Interest Expense for the six months ended in Dec. 2023 was $ -55 Mil. Hutchison Port Holdings Trust's Interest Coverage for the quarter that ended in Dec. 2023 was 3.64. 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.

Hutchison Port Holdings Trust Interest Expense Historical Data

The historical data trend for Hutchison Port Holdings Trust'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.

Hutchison Port Holdings Trust Interest Expense Chart

Hutchison Port Holdings Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-130.09

-93.01

-72.86

-80.85

-106.61

Hutchison Port Holdings Trust 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															-35.80	-36.27	-44.29	-51.17	-55.29

Hutchison Port Holdings Trust 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 $-106 Mil.

Hutchison Port Holdings Trust (SGX:NS8U) 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.

Hutchison Port Holdings Trust's Interest Expense for the six months ended in Dec. 2023 was $-55 Mil. Its Operating Income for the six months ended in Dec. 2023 was $201 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was $2,673 Mil.

Hutchison Port Holdings Trust'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	*	200.976	/	-55.288
	=	3.64

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

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Hutchison Port Holdings Trust interest coverage is 3.56, which is low.

Hutchison Port Holdings Trust (SGX:NS8U) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Hutchison Port Holdings Trust (SGX:NS8U) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

HCTPF:USA HUPHY:USA P7VU:Singapore H09:Germany

Address

1 Harbourfront Avenue, No. 14-07, Keppel Bay Tower, Singapore, SGP, 098632

Website

https://www.hphtrust.com

Hutchison Port Holdings Trust invests in, develops, operates, and manages deep-water container ports. The company invests in other assets including river ports and provides additional port services such as freight forwarding and warehousing. The company derives revenue through the port and related services, transportation and logistics solutions, management and service fee income, and system development and support fees. The port and related services account for the vast majority of revenue. Hutchison Port Holdings operates in both Hong Kong and Mainland China and derives the majority of revenue from Mainland China.

Hutchison Port Holdings Trust (SGX:NS8U) Headlines

No Headlines