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Far East Hotels & Entertainment (HKSE:00037) Interest Expense : HK$-1.04 Mil (TTM As of Sep. 2023)


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What is Far East Hotels & Entertainment Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Far East Hotels & Entertainment's interest expense for the six months ended in Sep. 2023 was HK$ -0.48 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was HK$-1.04 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. Far East Hotels & Entertainment's Operating Income for the six months ended in Sep. 2023 was HK$ -7.96 Mil. Far East Hotels & Entertainment's Interest Expense for the six months ended in Sep. 2023 was HK$ -0.48 Mil. Far East Hotels & Entertainment 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.


Far East Hotels & Entertainment Interest Expense Historical Data

The historical data trend for Far East Hotels & Entertainment'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.

Far East Hotels & Entertainment Interest Expense Chart

Far East Hotels & Entertainment Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.81 -1.87 -1.59 -1.26 -1.05

Far East Hotels & Entertainment Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 -0.67 -0.59 -0.49 -0.57 -0.48

Far East Hotels & Entertainment 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-1.04 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.


Far East Hotels & Entertainment  (HKSE:00037) 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.

Far East Hotels & Entertainment's Interest Expense for the six months ended in Sep. 2023 was HK$-0.48 Mil. Its Operating Income for the six months ended in Sep. 2023 was HK$-7.96 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2023 was HK$0.15 Mil.

Far East Hotels & Entertainment's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Far East Hotels & Entertainment 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.


Far East Hotels & Entertainment (HKSE:00037) Business Description

Traded in Other Exchanges
N/A
Address
200 Gloucester Road, Suite 1902, 19th Floor, The Sun’s Group Centre, Wanchai, Hong Kong, HKG
Far East Hotels & Entertainment Ltd is a Hong Kong-based investment holding company. Through its subsidiaries, the company operates under business segments of Hotel operations in Hong Kong; Serviced property letting in Mainland China; Property investment in Hong Kong; Property investment overseas; and Securities investment and trading. The company earns maximum revenue from Hotel operations in Hong Kong. The group's operations are located in Hong Kong, Mainland China, and overseas.
Executives
Chiu Derek 2201 Interest of corporation controlled by you
Lui Yu Kin 2101 Beneficial owner

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