Yuexiu Real Estate Investment Trust (HKSE:00405) Interest Expense : HK$-989 Mil (TTM As of Dec. 2023)

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What is Yuexiu Real Estate Investment Trust Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Yuexiu Real Estate Investment Trust's interest expense for the six months ended in Dec. 2023 was HK$ -538 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-989 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. Yuexiu Real Estate Investment Trust's Operating Income for the six months ended in Dec. 2023 was HK$ 574 Mil. Yuexiu Real Estate Investment Trust's Interest Expense for the six months ended in Dec. 2023 was HK$ -538 Mil. Yuexiu Real Estate Investment Trust's Interest Coverage for the quarter that ended in Dec. 2023 was 1.07. 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.

Yuexiu Real Estate Investment Trust Interest Expense Historical Data

The historical data trend for Yuexiu Real Estate Investment Trust'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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Yuexiu Real Estate Investment Trust Interest Expense Chart

Yuexiu Real Estate Investment Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-562.35

-527.83

-400.66

-614.52

-988.72

Yuexiu Real Estate Investment Trust 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															-181.01	-237.08	-388.66	-451.11	-537.62

Yuexiu Real Estate Investment Trust 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$-989 Mil.

Yuexiu Real Estate Investment Trust (HKSE:00405) 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.

Yuexiu Real Estate Investment Trust's Interest Expense for the six months ended in Dec. 2023 was HK$-538 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$574 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$15,774 Mil.

Yuexiu Real Estate Investment Trust'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	*	574.05	/	-537.617
	=	1.07

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. Yuexiu Real Estate Investment Trust interest coverage is 1.2, which is low.

Yuexiu Real Estate Investment Trust (HKSE:00405) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Yuexiu Real Estate Investment Trust (HKSE:00405) » Definitions » Interest Expense

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D3N:Germany

Address

160 Lockhart Road, Flat B, 17th Floor, Yue Xiu Building, Wanchai, HKG

Website

https://www.yuexiureit.com

Yuexiu Real Estate Investment Trust invests in office, retail, and other commercial properties in the People's Republic of China. The company's portfolio consists of properties located in the central business district of Guangzhou and Shanghai. The types of properties include clothing markets, office buildings, retail centers, hotels, and serviced apartments. The company operates in three main segments: Hotel & Serviced apartments, Office rental, and Wholesale & shopping malls. Hotel and serviced apartments offer room rentals and food and beverages. Office rental and wholesale and shopping malls include the revenue from leasing these properties. All of its revenue comes from China.

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