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China Tower (HKSE:00788) Interest Expense : HK$-2,829 Mil (TTM As of Dec. 2024)


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What is China Tower Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. China Tower's interest expense for the six months ended in Dec. 2024 was HK$ -1,451 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was HK$-2,829 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. China Tower's Operating Income for the six months ended in Dec. 2024 was HK$ 8,222 Mil. China Tower's Interest Expense for the six months ended in Dec. 2024 was HK$ -1,451 Mil. China Tower's Interest Coverage for the quarter that ended in Dec. 2024 was 5.67. 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.

China Tower Interest Expense Historical Data

The historical data trend for China Tower'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.

China Tower Interest Expense Chart

China Tower Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4,693.13 -4,585.63 -3,353.49 -3,092.11 -2,817.59

China Tower Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 -1,557.82 -1,488.64 -1,603.48 -1,377.98 -1,450.97

China Tower 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-2,829 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.

China Tower  (HKSE:00788) 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.

China Tower's Interest Expense for the six months ended in Dec. 2024 was HK$-1,451 Mil. Its Operating Income for the six months ended in Dec. 2024 was HK$8,222 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was HK$60,475 Mil.

China Tower's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*8222.143/-1450.966
=5.67

* 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.

China Tower Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » China Tower Corp Ltd (HKSE:00788) » Definitions » Interest Expense
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Traded in Other Exchanges
CHWRF:USA 2Y11:Germany
Address
Yard No. 9, Dongran North Street, Room 101, LG1 to 3rd Floor, Building 14, China Tower Industrial Park, Haidian District, Beijing, CHN
Website
https://www.china-tower.com
China Tower Corp Ltd is a telecommunications tower infrastructure service provider. The Company is principally engaged in the construction, maintenance, and operation of base station ancillary facilities such as telecommunications towers, public network coverage in high-speed railways and subways, and large-scale indoor Distributed Antenna Systems (DAS). The business of the company includes Tower business; DAS business; Smart Tower business and Energy business. The Group's revenue is generated from the Three TSPs.
Executives
Gic Private Limited 2102 Investment manager
Citigroup Inc. 2502 Approved lending agent
Blackrock, Inc. 2201 Interest of corporation controlled by you

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