Times China Holdings (FRA:T2H) Interest Expense : €-161 Mil (TTM As of Dec. 2023)

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What is Times China Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Times China Holdings's interest expense for the six months ended in Dec. 2023 was € -89 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-161 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. Times China Holdings's Operating Income for the six months ended in Dec. 2023 was € 173 Mil. Times China Holdings's Interest Expense for the six months ended in Dec. 2023 was € -89 Mil. Times China Holdings's Interest Coverage for the quarter that ended in Dec. 2023 was 1.93. 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.

Times China Holdings Interest Expense Historical Data

The historical data trend for Times China 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.

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Times China Holdings Interest Expense Chart

Times China Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-129.71

-148.48

-114.77

-113.77

-160.32

Times China Holdings 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															-56.02	-28.24	-86.71	-71.21	-89.36

Times China 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-161 Mil.

Times China Holdings (FRA:T2H) 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.

Times China Holdings's Interest Expense for the six months ended in Dec. 2023 was €-89 Mil. Its Operating Income for the six months ended in Dec. 2023 was €173 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was €2,848 Mil.

Times China Holdings'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	*	172.901	/	-89.359
	=	1.93

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. Times China Holdings Ltd interest coverage is 1.3, which is low.

Times China Holdings (FRA:T2H) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Times China Holdings Ltd (FRA:T2H) » Definitions » Interest Expense

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01233:Hong Kong

Address

410-412 Dongfeng Zhong Road, 36-38F, Times Property Center, Guangdong Province, Guangzhou, CHN, 510030

Website

https://www.timesgroup.cn

Times China Holdings Ltd is a real estate company. It is principal engaged in the development and management of residential, commercial properties, industrial parks and featured small towns. Geographically, the group expanded its business to Guangzhou, Foshan, Jiangmen, Dongguan, Huizhou, Zhuhai, Zhongshan, Qingyuan and Changsha, in which economies are well-developed, and holds around 79 projects in various stages. It operates in three segments: property development segment develops residential and commercial properties for sale, Urban redevelopment segment redevelops old towns, old factories, and old villages, and the Property leasing segment engages in the development, leasing, and subleasing of commercial properties owned by the company or third parties.

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