Associated International Hotels (HKSE:00105) Interest Expense : HK$-11.3 Mil (TTM As of Mar. 2024)

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What is Associated International Hotels Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Associated International Hotels's interest expense for the six months ended in Mar. 2024 was HK$ -6.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was HK$-11.3 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. Associated International Hotels's Operating Income for the six months ended in Mar. 2024 was HK$ 77.1 Mil. Associated International Hotels's Interest Expense for the six months ended in Mar. 2024 was HK$ -6.0 Mil. Associated International Hotels's Interest Coverage for the quarter that ended in Mar. 2024 was 12.76. 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.

Associated International Hotels Interest Expense Historical Data

The historical data trend for Associated International Hotels'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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Associated International Hotels Interest Expense Chart

Associated International Hotels Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-5.80

-2.80

-2.01

-5.81

-11.28

Associated International Hotels Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Interest Expense	Get a 7-Day Free Trial															-1.10	-1.66	-4.15	-5.24	-6.04

Associated International Hotels 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 Mar. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-11.3 Mil.

Associated International Hotels (HKSE:00105) 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.

Associated International Hotels's Interest Expense for the six months ended in Mar. 2024 was HK$-6.0 Mil. Its Operating Income for the six months ended in Mar. 2024 was HK$77.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2024 was HK$200.0 Mil.

Associated International Hotels's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	77.124	/	-6.044
	=	12.76

The higher the ratio, the stronger the company's financial strength is.

Associated International Hotels Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Associated International Hotels Ltd (HKSE:00105) » Definitions » Interest Expense

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Traded in Other Exchanges

N/A

Address

63 Nathan Road, 9th Floor, iSQUARE, Tsim Sha Tsui, Kowloon, Hong Kong, HKG

Website

https://aihl.etnet.com.hk

Associated International Hotels Ltd is a Hong-Kong investment holding company principally engaged in property-related businesses. Its only reportable segment is Property leasing. The company generates revenue from Interest income, Management fees, and Others. The properties under the company include iSQUARE, Good Luck Industrial Building as well as the offices in Euro Trade Centre in Hong Kong. Geographically, it derives revenue from Hong Kong.

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