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Sound Global (HKSE:00967) Interest Expense : HK$-587 Mil (TTM As of Jun. 2019)


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What is Sound Global Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sound Global's interest expense for the six months ended in Jun. 2019 was HK$ -220 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2019 was HK$-587 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. Sound Global's Operating Income for the six months ended in Jun. 2019 was HK$ 938 Mil. Sound Global's Interest Expense for the six months ended in Jun. 2019 was HK$ -220 Mil. Sound Global's Interest Coverage for the quarter that ended in Jun. 2019 was 4.27. 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.


Sound Global Interest Expense Historical Data

The historical data trend for Sound Global'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.

Sound Global Interest Expense Chart

Sound Global Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -364.58 -331.66 -168.76 -259.79 -561.08

Sound Global Semi-Annual Data
Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19
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 -113.46 -142.44 -206.85 -367.49 -219.77

Sound Global 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. 2019 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-587 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.


Sound Global  (HKSE:00967) 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.

Sound Global's Interest Expense for the six months ended in Jun. 2019 was HK$-220 Mil. Its Operating Income for the six months ended in Jun. 2019 was HK$938 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2019 was HK$8,316 Mil.

Sound Global's Interest Coverage for the quarter that ended in Jun. 2019 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2019 )/Interest Expense (Q: Jun. 2019 )
=-1*938.413/-219.774
=4.27

* 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.


Sound Global (HKSE:00967) Business Description

Traded in Other Exchanges
N/A
Address
460 Alexandra Road, Fragrance Empire Building Number 04-03, Singapore, SGP, 119962
Sound Global Ltd is a utilities service provider. Its business mainly involves the provision of water supply and wastewater treatment solutions. The group develops proprietary technologies and customizes them into effective turnkey solutions for industrial and municipal projects. It is engaged in three operating segments, namely Turnkey Projects and Services, which is the key revenue generator; Equipment Fabrications; and Operations and maintenance of water supply and wastewater treatment facilities.
Executives
Century Plus Limited 2101 Beneficial owner
China Cinda Asset Management Co., Ltd. 2201 Interest of corporation controlled by you
Cinda Investment Co., Ltd. 2201 Interest of corporation controlled by you
Cui Wanlin 2201 Interest of corporation controlled by you
Jin Si Fang Investment (beijing) Company Limited 2201 Interest of corporation controlled by you
Ningbo Meishan Baoshuigangqu Jinxin Tairun Investment Partnership (limited Partnership) 2201 Interest of corporation controlled by you
Hainan Jianxin Investment Management Co., Ltd. 2201 Interest of corporation controlled by you
Wen Yibo 2201 Interest of corporation controlled by you
Zhang Huiming 2202 Interest of your spouse
Sound Water (bvi) Limited 2101 Beneficial owner
Changxing Sound Investment Partnership (limited Partnership) 2106 Person having a security interest in shares
Shoutai Jinxin (beijing ) Fund Investment & Management Co. Ltd 2201 Interest of corporation controlled by you
Shoutai Jinxin (changxing) Investment & Management Co. Ltd. 2201 Interest of corporation controlled by you

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