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Shun Tak Holdings (HKSE:00242) Interest Expense : HK$-659 Mil (TTM As of Dec. 2023)


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What is Shun Tak Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Shun Tak Holdings's interest expense for the six months ended in Dec. 2023 was HK$ -372 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-659 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. Shun Tak Holdings's Operating Income for the six months ended in Dec. 2023 was HK$ 511 Mil. Shun Tak Holdings's Interest Expense for the six months ended in Dec. 2023 was HK$ -372 Mil. Shun Tak Holdings's Interest Coverage for the quarter that ended in Dec. 2023 was 1.38. 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.


Shun Tak Holdings Interest Expense Historical Data

The historical data trend for Shun Tak 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.

Shun Tak Holdings Interest Expense Chart

Shun Tak Holdings 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 -588.33 -331.05 -281.21 -369.98 -659.01

Shun Tak Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 -138.66 -131.68 -238.30 -287.40 -371.61

Shun Tak 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-659 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.


Shun Tak Holdings  (HKSE:00242) 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.

Shun Tak Holdings's Interest Expense for the six months ended in Dec. 2023 was HK$-372 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$511 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$11,631 Mil.

Shun Tak Holdings's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*511.175/-371.613
=1.38

* 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.


Shun Tak Holdings (HKSE:00242) Business Description

Traded in Other Exchanges
Address
200 Connaught Road Central, Penthouse 39th Floor, West Tower, Shun Tak Centre, Hong Kong, HKG
Shun Tak Holdings Ltd is a provider of multiple lines of services predominantly in Macau. Its main business is that of property development, contributing the majority of its revenue. Shun Tak's property segment covers commercial, residential, and retail property spaces. It operates through the following business segments: Property, Transportation, Hospitality, and Investment. The Property segment includes property development and sales, leasing, and management services. The Transportation segment provides passenger transportation services. The Hospitality segment performs hotel operations, hotel management, and travel agency services. The Investment segment involves investment holding and others.
Executives
Ho Chiu King Pansy Catilina 2101 Beneficial owner
Ho Chiu Fung, Daisy 2101 Beneficial owner
Classic Time Developments Limited 2101 Beneficial owner

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