GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Tai Sang Land Development Ltd (HKSE:00089) » Definitions » Interest Expense

Taing Land Development (HKSE:00089) Interest Expense : HK$-160.0 Mil (TTM As of Jun. 2024)


View and export this data going back to 1973. Start your Free Trial

What is Taing Land Development Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Taing Land Development's interest expense for the six months ended in Jun. 2024 was HK$ -77.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was HK$-160.0 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. Taing Land Development's Operating Income for the six months ended in Jun. 2024 was HK$ 59.5 Mil. Taing Land Development's Interest Expense for the six months ended in Jun. 2024 was HK$ -77.1 Mil. Taing Land Development's Interest Coverage for the quarter that ended in Jun. 2024 was 0.77. 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.

Taing Land Development Interest Expense Historical Data

The historical data trend for Taing Land Development'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.

Taing Land Development Interest Expense Chart

Taing Land Development 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 -45.12 -38.27 -36.61 -71.23 -145.74

Taing Land Development 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 -21.76 -49.47 -62.85 -82.90 -77.11

Taing Land Development 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$-160.0 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.

Taing Land Development  (HKSE:00089) 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.

Taing Land Development's Interest Expense for the six months ended in Jun. 2024 was HK$-77.1 Mil. Its Operating Income for the six months ended in Jun. 2024 was HK$59.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was HK$1,879.0 Mil.

Taing Land Development'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*59.53/-77.114
=0.77

* 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.

Taing Land Development Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Tai Sang Land Development Ltd (HKSE:00089) » Definitions » Interest Expense
Comparable Companies
HKSE:01036 HKSE:01200 HKSE:02210 HKSE:00225 HKSE:02146 HKSE:02271 HKSE:00655 HKSE:00938 HKSE:02205 HKSE:00063 CBRE CSGP XTER:VNA XMAD:CLNX BEKE ADX:MODON TSE:8830 JLL HKSE:01972 OSTO:AKEL D
Traded in Other Exchanges
N/A
Address
43 Heung Yip Road, 15th Floor, TS Tower, Wong Chuk Hang, Hong Kong, HKG
Website
http://www.tsld.com
Tai Sang Land Development Ltd is an investment holding company engaged in property investment, property rental, property development, estate management and agency, hotel operation and catering operation. It also earns revenue from Property rental, Property related services, and Hotel operations, Catering operations. The operating segments of the Group are Hong Kong and North America, out of which maximum revenue is derived from Hong Kong.
Executives
Kam Chan & Company, Limited 2101 Beneficial owner
Ma Ching Wai, William

Taing Land Development Headlines

No Headlines