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Asia Orient Holdings (HKSE:00214) Interest Expense : HK$-674 Mil (TTM As of Sep. 2023)


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What is Asia Orient Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Asia Orient Holdings's interest expense for the six months ended in Sep. 2023 was HK$ -378 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was HK$-674 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. Asia Orient Holdings's Operating Income for the six months ended in Sep. 2023 was HK$ -774 Mil. Asia Orient Holdings's Interest Expense for the six months ended in Sep. 2023 was HK$ -378 Mil. Asia Orient Holdings 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.


Asia Orient Holdings Interest Expense Historical Data

The historical data trend for Asia Orient Holdings'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.

Asia Orient Holdings Interest Expense Chart

Asia Orient Holdings 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 -464.68 -562.39 -351.32 -317.21 -460.05

Asia Orient Holdings 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 -156.22 -160.99 -164.13 -295.92 -378.46

Asia Orient Holdings 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$-674 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.


Asia Orient Holdings  (HKSE:00214) 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.

Asia Orient Holdings's Interest Expense for the six months ended in Sep. 2023 was HK$-378 Mil. Its Operating Income for the six months ended in Sep. 2023 was HK$-774 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2023 was HK$11,852 Mil.

Asia Orient Holdings's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Asia Orient Holdings 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. Asia Orient Holdings Ltds earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.


Asia Orient Holdings (HKSE:00214) Business Description

Traded in Other Exchanges
N/A
Address
33 Lockhart Road, 30th Floor, YF Life Tower, Wanchai, Hong Kong, HKG
Asia Orient Holdings Ltd is an investment holding company. The company operates through segments which are, Property Sales, Property Leasing, Hotel, and Travel, as well as Financial Investment and Others. The company generates maximum revenue from the Financial Investment segment.

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