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Chinandi Holdings (HKSE:00910) Interest Expense : HK$-143 Mil (TTM As of Dec. 2023)


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What is Chinandi Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Chinandi Holdings's interest expense for the six months ended in Dec. 2023 was HK$ -97 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-143 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. Chinandi Holdings's Operating Income for the six months ended in Dec. 2023 was HK$ 111 Mil. Chinandi Holdings's Interest Expense for the six months ended in Dec. 2023 was HK$ -97 Mil. Chinandi Holdings's Interest Coverage for the quarter that ended in Dec. 2023 was 1.14. 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.


Chinandi Holdings Interest Expense Historical Data

The historical data trend for Chinandi 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.

* Premium members only.

Chinandi Holdings Interest Expense Chart

Chinandi Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -155.10 -122.18 -218.16 -131.52 -142.84

Chinandi Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 -155.02 -47.20 -86.56 -45.39 -97.45

Chinandi 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-143 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.


Chinandi Holdings  (HKSE:00910) 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.

Chinandi Holdings's Interest Expense for the six months ended in Dec. 2023 was HK$-97 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$111 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$3,549 Mil.

Chinandi Holdings'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*110.926/-97.451
=1.14

* 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.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. China Sandi Holdings Ltd interest coverage is 2.73, which is low.


Chinandi Holdings (HKSE:00910) Business Description

Traded in Other Exchanges
N/A
Address
118 Connaught Road West, Room 2008, 20th Floor, Hong Kong, HKG
China Sandi Holdings Ltd is an investment holding company engaged in the investment and development of properties. It operates through the segments of Property development and Property investment. The company derives key revenue from Property development segment which involves the development and sale of properties. Property investment segment involves the lease of investment properties and provision of property management service. The group principally operates in Mainland China.

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