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Shimao Services Holdings (FRA:5GO) Interest Expense : €-6 Mil (TTM As of Jun. 2024)


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What is Shimao Services Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Shimao Services Holdings's interest expense for the six months ended in Jun. 2024 was € -2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was €-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. Shimao Services Holdings's Operating Income for the six months ended in Jun. 2024 was € 43 Mil. Shimao Services Holdings's Interest Expense for the six months ended in Jun. 2024 was € -2 Mil. Shimao Services Holdings's Interest Coverage for the quarter that ended in Jun. 2024 was 17.66. 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.

Shimao Services Holdings Interest Expense Historical Data

The historical data trend for Shimao Services Holdings'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.

Shimao Services Holdings Interest Expense Chart

Shimao Services Holdings Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -6.65 -1.83 -7.47 -29.29 -5.90

Shimao Services Holdings Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -19.22 -10.87 -2.52 -3.39 -2.46

Shimao Services Holdings 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-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.

Shimao Services Holdings  (FRA:5GO) 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.

Shimao Services Holdings's Interest Expense for the six months ended in Jun. 2024 was €-2 Mil. Its Operating Income for the six months ended in Jun. 2024 was €43 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was €11 Mil.

Shimao Services Holdings's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2024 )/Interest Expense (Q: Jun. 2024 )
=-1*43.359/-2.455
=17.66

* 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.

Shimao Services Holdings Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Shimao Services Holdings Ltd (FRA:5GO) » Definitions » Interest Expense
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Traded in Other Exchanges
00873:Hong Kong
Address
No. 55, West Weifang Road, 26th Floor, Shanghai Shimao Tower, Shanghai, CHN, 200120
Website
https://www.shimaofuwu.com
Shimao Services Holdings Ltd is a property management and community living service provider in the PRC. The company operates in business in four segments namely property management services; community value-added services; value-added services to non-property owners and city services. It offers a wide range of property management services to property developers, property owners and residents. Its value-added services to non-property owners include sales office management services; preliminary planning and design consultancy services; and repair and maintenance services. It derives maximum revenue from Property management services.

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