Wuling Motors Holdings (HKSE:00305) Interest Expense : HK$-132 Mil (TTM As of Dec. 2023)

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What is Wuling Motors Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Wuling Motors Holdings's interest expense for the six months ended in Dec. 2023 was HK$ -58 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-132 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. Wuling Motors Holdings's Operating Income for the six months ended in Dec. 2023 was HK$ 156 Mil. Wuling Motors Holdings's Interest Expense for the six months ended in Dec. 2023 was HK$ -58 Mil. Wuling Motors Holdings's Interest Coverage for the quarter that ended in Dec. 2023 was 2.71. 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.

Wuling Motors Holdings Interest Expense Historical Data

The historical data trend for Wuling Motors 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.

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Wuling Motors Holdings Interest Expense Chart

Wuling Motors Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-163.80

-256.74

-141.62

-130.48

-131.81

Wuling Motors 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															-64.76	-73.01	-60.92	-74.14	-57.67

Wuling Motors 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$-132 Mil.

Wuling Motors Holdings (HKSE:00305) 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.

Wuling Motors Holdings's Interest Expense for the six months ended in Dec. 2023 was HK$-58 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$156 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$1,132 Mil.

Wuling Motors 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	*	156.308	/	-57.671
	=	2.71

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

Wuling Motors Holdings (HKSE:00305) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Wuling Motors Holdings Ltd (HKSE:00305) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

WLMTF:USA 6LY:Germany

Address

168–200 Connaught Road, Shun Tak Centre, Unit 3406, 34th Floor, West Tower, Central, Hong Kong, HKG

Website

https://www.wuling.com.hk

Wuling Motors Holdings Ltd is an investment holding company. Its principal activities are the manufacturing and sale of engines, engine-related parts, other power supply products, automotive components and accessories, steel and specialized vehicles (including new energy vehicles), as well as the provision of water and power supply to customers. The segments of the group are Vehicles' power supply systems; Automotive components and other industrial services, which is the key revenue-generating segment; Commercial vehicle assembly; and Others. The group derives a majority of its revenue from Mainland China.

Executives

Dragon Hill Development Limited	2101 Beneficial owner
Kwan To Yin	2101 Beneficial owner
Lee Shing	2201 Interest of corporation controlled by you
Wu Ling Xiang Gang Kong Gu You Xian Gong Si	2101 Beneficial owner
Wu Ling Qi Che Xiang Gang You Xian Gong Si	2201 Interest of corporation controlled by you
Guang Xi Qi Che Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you

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