Tan Chong International (HKSE:00693) Interest Expense : HK$-217 Mil (TTM As of Dec. 2023)

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What is Tan Chong International Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Tan Chong International's interest expense for the six months ended in Dec. 2023 was HK$ -112 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-217 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. Tan Chong International's Operating Income for the six months ended in Dec. 2023 was HK$ 258 Mil. Tan Chong International's Interest Expense for the six months ended in Dec. 2023 was HK$ -112 Mil. Tan Chong International's Interest Coverage for the quarter that ended in Dec. 2023 was 2.30. 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.

Tan Chong International Interest Expense Historical Data

The historical data trend for Tan Chong International'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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Tan Chong International Interest Expense Chart

Tan Chong International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-101.26

-80.18

-58.04

-105.42

-217.47

Tan Chong International 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															-26.83	-28.57	-76.85	-105.67	-111.80

Tan Chong International 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$-217 Mil.

Tan Chong International (HKSE:00693) 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.

Tan Chong International's Interest Expense for the six months ended in Dec. 2023 was HK$-112 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$258 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$3,171 Mil.

Tan Chong International'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	*	257.601	/	-111.8
	=	2.30

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

Tan Chong International (HKSE:00693) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Tan Chong International Ltd (HKSE:00693) » Definitions » Interest Expense

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Traded in Other Exchanges

T15:Singapore

Address

6-8 Harbour Road, Unit 3001, 30th Floor, Shui On Centre, Wanchai, Hong Kong, HKG

Website

https://www.tanchong.com

Tan Chong International Ltd is an automobile dealer. It offers vehicles of Nissan brand in Singapore, Hong Kong, China and Thailand. The company has five business lines namely, Motor vehicle distribution and dealership business, Heavy commercial vehicle and industrial equipment distribution business, Property rentals and development, Transportation and Other operations which include investment holding, hire purchase financing, provision of workshop services and the manufacturing of vehicle seats. The company generates the majority of revenue from Motor vehicle distribution and dealership business.

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