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China Merchants Land (FRA:TNY1) Interest Expense : €-98 Mil (TTM As of Jun. 2024)


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What is China Merchants Land Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. China Merchants Land's interest expense for the six months ended in Jun. 2024 was € -51 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was €-98 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. China Merchants Land's Operating Income for the six months ended in Jun. 2024 was € -9 Mil. China Merchants Land's Interest Expense for the six months ended in Jun. 2024 was € -51 Mil. China Merchants Land did not have earnings to cover the interest expense. 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.

China Merchants Land Interest Expense Historical Data

The historical data trend for China Merchants Land'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.

China Merchants Land Interest Expense Chart

China Merchants Land Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -94.06 -86.14 -96.11 -85.02 -95.09

China Merchants Land Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -42.79 -44.02 -48.44 -46.82 -51.16

China Merchants Land 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 €-98 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.

China Merchants Land  (FRA:TNY1) 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.

China Merchants Land's Interest Expense for the six months ended in Jun. 2024 was €-51 Mil. Its Operating Income for the six months ended in Jun. 2024 was €-9 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was €4,632 Mil.

China Merchants Land's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

China Merchants Land did not have earnings to cover the interest expense.

* 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.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. China Merchants Land Ltd interest coverage is 1.4, which is low.

China Merchants Land Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » China Merchants Land Ltd (FRA:TNY1) » Definitions » Interest Expense
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HKSE:00251 HKSE:00488 HKSE:01329 HKSE:00050 HKSE:01168 HKSE:00472 HKSE:00191 HKSE:00355 HKSE:01282 HKSE:00149 ASX:GMG TSE:8801 TSE:8802 BSP:TRXB11 PHS:SMPH HKSE:00012 OSTO:BALD B XSWX:SPSN BOM:533274 TSE:1878
Traded in Other Exchanges
00978:Hong Kong
Address
Nos. 168-200 Connaught Road, Room 2603 to 2606, 26th Floor, China Merchants Tower, Shun Tak Centre, Central, Hong Kong, HKG
Website
http://www.cmland.hk
China Merchants Land Ltd is an investment holding company that operates through two segments. The properties segment, which generates almost all the company's sales, is engaged in real estate development and leasing, and the Asset Management segment. Asset management segment includes office premises and shopping malls. The company operates primarily in Mainland China.

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