Sino Oil and Gas Holdings (HKSE:00702) Interest Expense: HK$-257.5 Mil (TTM As of Jun. 2024)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HKSE:00702 Sino Oil and Gas Holdings Ltd HKSE:00702
4 GF Score
Price HK$0.03
View Full Analysis

What is Sino Oil and Gas Holdings Interest Expense?

Sino Oil and Gas Holdings HKSE:00702 4 Interest Expense is HK$-257.5 Mil as of Jun. 2024. GuruFocus rates HKSE:00702 with a GF Score™ of 4/100.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sino Oil and Gas Holdings's interest expense for the six months ended in Jun. 2024 was HK$ -126.4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was HK$-257.5 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. Sino Oil and Gas Holdings's Operating Income for the six months ended in Jun. 2024 was HK$ 77.9 Mil. Sino Oil and Gas Holdings's Interest Expense for the six months ended in Jun. 2024 was HK$ -126.4 Mil. Sino Oil and Gas Holdings's Interest Coverage for the quarter that ended in Jun. 2024 was 0.62. 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.

Sino Oil and Gas Holdings  (HKSE:00702) 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.

Sino Oil and Gas Holdings's Interest Expense for the six months ended in Jun. 2024 was HK$-126.4 Mil. Its Operating Income for the six months ended in Jun. 2024 was HK$77.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was HK$89.2 Mil.

Sino Oil and Gas Holdings's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2024 )/Interest Expense (Q: Jun. 2024 )
=-1*77.923/-126.392
=0.62

* 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.

Sino Oil and Gas Holdings Interest Expense Historical Data

* Premium members only.

The historical data trend for Sino Oil and Gas 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.

Sino Oil and Gas Holdings Interest Expense Chart

Sino Oil and Gas Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -238.72 -197.75 -230.80 -238.87 -263.36

Sino Oil and Gas Holdings Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 -128.77 -110.10 -132.27 -131.10 -126.39
HKSE:00702
4GF Score
Sino Oil and Gas Holdings Ltd HKSE:00702
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sino Oil and Gas 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-257.5 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of HK$-257.5 Mil mean?
Sino Oil and Gas Holdings (HKSE:00702) has a Interest Expense of HK$-257.5 Mil as of Jun. 2024. Interest Expense is the amount a company pays on its long-term debt. View historical data on Sino Oil and Gas Holdings and its competitors.
Is Sino Oil and Gas Holdings' Interest Expense too high?
Sino Oil and Gas Holdings' current Interest Expense is HK$-257.5 Mil. Overall, Sino Oil and Gas Holdings has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Sino Oil and Gas Holdings' Interest Expense compare to competitors?
Sino Oil and Gas Holdings' Interest Expense of HK$-257.5 Mil can be compared against companies in the Other Energy Sources industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for an Other Energy Sources company?
A good Interest Expense depends on the Other Energy Sources industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Sino Oil and Gas Holdings and its competitors. Sino Oil and Gas Holdings's current Interest Expense is HK$-257.5 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sino Oil and Gas Holdings stock overvalued right now?
Sino Oil and Gas Holdings (HKSE:00702) has a current Interest Expense of HK$-257.5 Mil. The current Interest Expense is HK$-257.5 Mil. Sino Oil and Gas Holdings' overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Sino Oil and Gas Holdings (HKSE:00702), the current Interest Expense is HK$-257.5 Mil as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Sino Oil and Gas Holdings Business Description

Address 188 Connaught Road West, Room 3710, 37th Floor, Hong Kong Plaza, Hong Kong, HKG
Sino Oil and Gas Holdings Ltd is an investment holding company. It operates in four segments, namely Coalbed methane, which includes exploration, development, and production of coalbed methane; Raw & cleaned coal, which consists of raw coal washing and sale of raw and cleaned coal; Oil and gas exploitation segment is into exploitation and sale of crude oil and natural gas; and Financial Services. The group generates the majority of its revenues from the Coalbed methane segment. It geographically earns revenues from the People's Republic of China.
4GF Score

Get the complete analysis for HKSE:00702

Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$0.03
Price