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Sun Hung Kai Properties (Sun Hung Kai Properties) Interest Expense : $-452 Mil (TTM As of Dec. 2023)


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What is Sun Hung Kai Properties Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sun Hung Kai Properties's interest expense for the six months ended in Dec. 2023 was $ -251 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-452 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. Sun Hung Kai Properties's Operating Income for the six months ended in Dec. 2023 was $ 1,353 Mil. Sun Hung Kai Properties's Interest Expense for the six months ended in Dec. 2023 was $ -251 Mil. Sun Hung Kai Properties's Interest Coverage for the quarter that ended in Dec. 2023 was 5.38. 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.


Sun Hung Kai Properties Interest Expense Historical Data

The historical data trend for Sun Hung Kai Properties'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.

Sun Hung Kai Properties Interest Expense Chart

Sun Hung Kai Properties Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -312.55 -326.19 -319.13 -269.62 -389.76

Sun Hung Kai Properties 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 -141.43 -129.08 -190.36 -200.56 -251.35

Sun Hung Kai Properties 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 $-452 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.


Sun Hung Kai Properties  (OTCPK:SUHJY) 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.

Sun Hung Kai Properties's Interest Expense for the six months ended in Dec. 2023 was $-251 Mil. Its Operating Income for the six months ended in Dec. 2023 was $1,353 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was $14,780 Mil.

Sun Hung Kai Properties'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*1352.531/-251.351
=5.38

* 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.


Sun Hung Kai Properties (Sun Hung Kai Properties) Business Description

Traded in Other Exchanges
Address
30 Harbour Road, 45th Floor, Sun Hung Kai Centre, Hong Kong, HKG
Sun Hung Kai Properties is a diversified real estate developer in Hong Kong with a core focus on the residential, retail and office real estate segment. Most of its business is based in Hong Kong where it is a leading private housing developer and holds a portfolio of high-quality retail and office assets for rental income. The company also invests in other listed entities, including telecommunication company, SmarTone and data center provider, SUNeVision. The Kwok family is the controlling shareholder, with a stake of more than 40%.

Sun Hung Kai Properties (Sun Hung Kai Properties) Headlines

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