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Lai Sun Development Co (HKSE:00488) Interest Expense : HK$-1,153 Mil (TTM As of Jan. 2024)


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What is Lai Sun Development Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Lai Sun Development Co's interest expense for the six months ended in Jan. 2024 was HK$ -622 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jan. 2024 was HK$-1,153 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. Lai Sun Development Co's Operating Income for the six months ended in Jan. 2024 was HK$ -73 Mil. Lai Sun Development Co's Interest Expense for the six months ended in Jan. 2024 was HK$ -622 Mil. Lai Sun Development Co 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.


Lai Sun Development Co Interest Expense Historical Data

The historical data trend for Lai Sun Development 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.

Lai Sun Development Co Interest Expense Chart

Lai Sun Development Co Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -405.75 -640.72 -697.62 -794.29 -1,044.05

Lai Sun Development Co Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 -442.21 -352.08 -512.61 -531.44 -621.52

Lai Sun Development 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 Jan. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-1,153 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.


Lai Sun Development Co  (HKSE:00488) 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.

Lai Sun Development Co's Interest Expense for the six months ended in Jan. 2024 was HK$-622 Mil. Its Operating Income for the six months ended in Jan. 2024 was HK$-73 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jan. 2024 was HK$24,980 Mil.

Lai Sun Development Co's Interest Coverage for the quarter that ended in Jan. 2024 is calculated as

Lai Sun Development Co 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.


Lai Sun Development Co (HKSE:00488) Business Description

Traded in Other Exchanges
Address
680 Cheung Sha Wan Road, 11th Floor, Lai Sun Commercial Centre, Kowloon, Hong Kong, HKG
Lai Sun Development Co Ltd is an investment holding company. The company's operating segment includes property development and sales; property investment; hotel operation; restaurant operation; media and entertainment; film and TV programs; cinema operation; theme park operation and others. The property development and sales segment is engaged in property development and the sale of properties. Geographically, it derives a majority of its revenue from Hong Kong, Mainland China and Macau.

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