GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Hong Kong Shanghai Alliance Holdings Ltd (HKSE:01001) » Definitions » Interest Expense

Hong Kong Shanghai Alliance Holdings (HKSE:01001) Interest Expense : HK$-89 Mil (TTM As of Sep. 2023)


View and export this data going back to 1994. Start your Free Trial

What is Hong Kong Shanghai Alliance Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Hong Kong Shanghai Alliance Holdings's interest expense for the six months ended in Sep. 2023 was HK$ -47 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was HK$-89 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. Hong Kong Shanghai Alliance Holdings's Operating Income for the six months ended in Sep. 2023 was HK$ 124 Mil. Hong Kong Shanghai Alliance Holdings's Interest Expense for the six months ended in Sep. 2023 was HK$ -47 Mil. Hong Kong Shanghai Alliance Holdings's Interest Coverage for the quarter that ended in Sep. 2023 was 2.64. 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.


Hong Kong Shanghai Alliance Holdings Interest Expense Historical Data

The historical data trend for Hong Kong Shanghai Alliance 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.

Hong Kong Shanghai Alliance Holdings Interest Expense Chart

Hong Kong Shanghai Alliance Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -74.72 -76.13 -60.69 -58.19 -74.16

Hong Kong Shanghai Alliance Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 -28.59 -29.60 -32.17 -41.99 -47.17

Hong Kong Shanghai Alliance 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-89 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.


Hong Kong Shanghai Alliance Holdings  (HKSE:01001) 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.

Hong Kong Shanghai Alliance Holdings's Interest Expense for the six months ended in Sep. 2023 was HK$-47 Mil. Its Operating Income for the six months ended in Sep. 2023 was HK$124 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2023 was HK$426 Mil.

Hong Kong Shanghai Alliance Holdings's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2023 )/Interest Expense (Q: Sep. 2023 )
=-1*124.429/-47.173
=2.64

* 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.


Hong Kong Shanghai Alliance Holdings (HKSE:01001) Business Description

Traded in Other Exchanges
N/A
Address
41 Lockhart Road, East Town Building, Rooms 1103-05, 11th Floor, Wanchai, Hong Kong, HKG
Hong Kong Shanghai Alliance Holdings Ltd is an investment holding company. The company along with its subsidiaries is engaged in the distribution and processing of construction materials such as steel products; trading of sanitary wares and kitchen cabinets; and property investment and fund management businesses. The company's segment includes Steels Distribution and Processing Business; Building Products Distribution Business and Property Investment and Fund Management Business. The company generates maximum revenue from the Steels Distribution and Processing Business segment. Geographically the group has a presence in Hong Kong and Mainland China, of which key revenue is generated from Hong Kong.
Executives
Perfect Capital International Corp. 2101 Beneficial owner
Huge Top Industrial Ltd. 2101 Beneficial owner
Yao Cho Fai Andrew 2101 Beneficial owner

Hong Kong Shanghai Alliance Holdings (HKSE:01001) Headlines

No Headlines