Tern Properties Co (HKSE:00277) Interest Expense : HK$-1.54 Mil (TTM As of Sep. 2024)

View and export this data going back to 1989. Start your Free Trial

What is Tern Properties Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Tern Properties Co's interest expense for the six months ended in Sep. 2024 was HK$ -0.71 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was HK$-1.54 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. Tern Properties Co's Operating Income for the six months ended in Sep. 2024 was HK$ 6.02 Mil. Tern Properties Co's Interest Expense for the six months ended in Sep. 2024 was HK$ -0.71 Mil. Tern Properties Co's Interest Coverage for the quarter that ended in Sep. 2024 was 8.46. 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.

Tern Properties Co Interest Expense Historical Data

The historical data trend for Tern Properties Co'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.

Tern Properties Co Interest Expense Chart

Tern Properties Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

Get a 7-Day Free Trial

-6.81

-4.43

-2.28

-1.15

-1.47

Tern Properties Co Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Interest Expense	Get a 7-Day Free Trial															-0.46	-0.69	-0.64	-0.83	-0.71

Tern Properties Co 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-1.54 Mil.

Tern Properties Co (HKSE:00277) 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.

Tern Properties Co's Interest Expense for the six months ended in Sep. 2024 was HK$-0.71 Mil. Its Operating Income for the six months ended in Sep. 2024 was HK$6.02 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2024 was HK$40.44 Mil.

Tern Properties Co's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2024 )	/	Interest Expense (Q: Sep. 2024 )
	=	-1	*	6.021	/	-0.712
	=	8.46

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

Tern Properties Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Tern Properties Co Ltd (HKSE:00277) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

237 Queen's Road Central, 26th Floor, Tern Centre, Tower I, Hong Kong, HKG

Website

https://www.tern.com.hk

Tern Properties Co Ltd is a Hong Kong-based company involved in the Property investment business where the company buys, sells, and leases properties as well as in the Treasury investment business where the company is engaged in investing in debt and equity securities. Geographically, the group principally operates in Hong Kong. The company generates key income from the Property investment business.

Executives

Chan Hoi Sow	2305 Beneficiary of a trust
Chan Loo Kuo Pin	2202 Interest of your spouse
Chan Yan Tin Andrew	2305 Beneficiary of a trust
Chan Yan Lam Alan	2305 Beneficiary of a trust
Chan Yan Wai Emily	2305 Beneficiary of a trust
Global Heritage Group Limited	2201 Interest of corporation controlled by you
Tmf (cayman) Ltd.	2301 Trustee
Beyers Investments Limited	2201 Interest of corporation controlled by you
Noranger Company Limited	2101 Beneficial owner
Chan Yan Mei Mary-ellen
Credit Suisse Trust Limited	2301 Trustee
Smartprint Development Limited
Evergrade Investments Limited
Builtwin Ltd.	2101 Beneficial owner
Hon Nicholas	2201 Interest of corporation controlled by you

Tern Properties Co Headlines

No Headlines