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Shangri-La Asia (HKSE:00069) Interest Expense : HK$-2,746 Mil (TTM As of Jun. 2024)


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What is Shangri-La Asia Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Shangri-La Asia's interest expense for the six months ended in Jun. 2024 was HK$ -1,176 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was HK$-2,746 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. Shangri-La Asia's Operating Income for the six months ended in Jun. 2024 was HK$ 925 Mil. Shangri-La Asia's Interest Expense for the six months ended in Jun. 2024 was HK$ -1,176 Mil. Shangri-La Asia's Interest Coverage for the quarter that ended in Jun. 2024 was 0.79. 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.

Shangri-La Asia Interest Expense Historical Data

The historical data trend for Shangri-La Asia'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.

Shangri-La Asia Interest Expense Chart

Shangri-La Asia 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 -1,750.28 -1,647.85 -1,590.70 -1,683.19 -2,601.24

Shangri-La Asia 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 -791.90 -897.62 -1,033.75 -1,570.56 -1,175.69

Shangri-La Asia 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 HK$-2,746 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.

Shangri-La Asia  (HKSE:00069) 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.

Shangri-La Asia's Interest Expense for the six months ended in Jun. 2024 was HK$-1,176 Mil. Its Operating Income for the six months ended in Jun. 2024 was HK$925 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was HK$52,245 Mil.

Shangri-La Asia'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*924.829/-1175.686
=0.79

* 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.

Shangri-La Asia Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Shangri-La Asia Ltd (HKSE:00069) » Definitions » Interest Expense
Comparable Companies
HKSE:00045 HKSE:00078 HKSE:01270 HKSE:01221 HKSE:00617 HKSE:00184 HKSE:00201 HKSE:00219 HKSE:00042 HKSE:00199 MAR HLT XNEP:SHL LSE:IHG H BOM:500850 HTHT XPAR:AC WH CHH
Traded in Other Exchanges
SHALY:USA SHALF:USA S07:Singapore
Address
683 King's Road, 28th Floor Kerry Centre, Quarry Bay, Hong Kong, HKG
Website
https://www.shangri-la.com
Shangri-La Asia Ltd owns and manages hotels in The People's Republic of China under the brands Shangri-La Hotels, Shangri-La Resorts, Kerry Hotels, Hotel Jen, and Traders Hotels. Other countries in which the group has its presence include Singapore, The Philippines, Malaysia, Thailand, Japan, Australia, and a few Other Countries. Other than hotel operations, the group also engaged in golf course operations in Bali, Indonesia, and wine trading in Hong Kong. Its business is organized into Hotel Properties, Hotel management and Related services, Investment Properties, and Property Development for sales. Revenues are generated from room rental, food and beverage sales, hotel management, Rental revenue from investment properties, and sales of properties.
Executives
Fmr Llc 2201 Interest of corporation controlled by you
Kerry Group Limited

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