Tang Palace (China) Holdings (HKSE:01181) Interest Expense : HK$-12 Mil (TTM As of Dec. 2023)

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What is Tang Palace (China) Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Tang Palace (China) Holdings's interest expense for the six months ended in Dec. 2023 was HK$ -6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-12 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. Tang Palace (China) Holdings's Operating Income for the six months ended in Dec. 2023 was HK$ 22 Mil. Tang Palace (China) Holdings's Interest Expense for the six months ended in Dec. 2023 was HK$ -6 Mil. Tang Palace (China) Holdings's Interest Coverage for the quarter that ended in Dec. 2023 was 3.87. 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.

Tang Palace (China) Holdings Interest Expense Historical Data

The historical data trend for Tang Palace (China) 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.

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Tang Palace (China) Holdings Interest Expense Chart

Tang Palace (China) Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-30.83

-28.97

-22.80

-15.53

-11.78

Tang Palace (China) Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial															-10.60	-9.04	-6.92	-6.18	-5.61

Tang Palace (China) 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$-12 Mil.

Tang Palace (China) Holdings (HKSE:01181) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Tang Palace (China) Holdings's Interest Expense for the six months ended in Dec. 2023 was HK$-6 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$22 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$188 Mil.

Tang Palace (China) 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	*	21.722	/	-5.609
	=	3.87

The higher the ratio, the stronger the company's financial strength is.

Tang Palace (China) Holdings (HKSE:01181) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Tang Palace (China) Holdings Ltd (HKSE:01181) » Definitions » Interest Expense

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TNGPF:USA

Address

No. 1 Science Museum Road, Unit 3, 10th Floor, Greenfield Tower, Concordia Plaza, Kowloon, HKG

Website

https://www.tanggong.cn

Tang Palace (China) Holdings Ltd is an investment holding company engaged in restaurant operations and food production. The primary production of the group is located in the People's Republic of China. It offers new dishes, seasonal foods, festive celebrations, basic sauce, food ingredient, and casual dining of different regional cuisines. The company has four operating segments - the Southern China region, the Eastern China region, the Northern China region, and the Western China region. Majority of its revenue is generated from the Eastern China segment. The company operates restaurants under the Soup Delice, Tang Palace, Tang's Cuisine, Tang Palace Seafood Restaurant, Canton Tea Room, Social Place, Pepper Lunch, and PappaRich, brands.

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