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Midland Holdings (HKSE:01200) Interest Expense : HK$-28 Mil (TTM As of Dec. 2024)


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What is Midland Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Midland Holdings's interest expense for the six months ended in Dec. 2024 was HK$ -12 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was HK$-28 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. Midland Holdings's Operating Income for the six months ended in Dec. 2024 was HK$ 256 Mil. Midland Holdings's Interest Expense for the six months ended in Dec. 2024 was HK$ -12 Mil. Midland Holdings's Interest Coverage for the quarter that ended in Dec. 2024 was 21.79. 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.


Midland Holdings Interest Expense Historical Data

The historical data trend for Midland 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.

Midland Holdings Interest Expense Chart

Midland Holdings 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 -34.10 -30.07 -33.35 -28.98 -27.57

Midland Holdings Semi-Annual Data
Jun15 Dec15 Jun16 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 Premium Member Only Premium Member Only -20.35 -14.69 -14.29 -15.83 -11.73

Midland 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-28 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.


Midland Holdings  (HKSE:01200) 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.

Midland Holdings's Interest Expense for the six months ended in Dec. 2024 was HK$-12 Mil. Its Operating Income for the six months ended in Dec. 2024 was HK$256 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was HK$59 Mil.

Midland Holdings'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*255.691/-11.734
=21.79

* 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.


Midland Holdings Business Description

Traded in Other Exchanges
N/A
Address
19 Des Voeux Road Central, Room 2505-8, 25th Floor, World Wide House, Hong Kong, HKG
Midland Holdings Ltd is an investment holding company principally engaged in the provision of property agency services for residential, commercial, and industrial properties and shops. The company is also engaged in the leasing of property, the operation of an Internet Website, and the provision of immigration consultancy services, administration, and treasury services to group companies, as well as professional surveying consultancy and valuation services in Hong Kong through its subsidiaries. It generates the majority of its revenue from the Residential properties segment.
Executives
Lam Yuen Hing 2101 Beneficial owner
Massachusetts Financial Services Company 2102 Investment manager
Sun Life Financial Inc. 2201 Interest of corporation controlled by you
Sun Life Of Canada (u.s.) Financial Services Holdings, Inc. 2201 Interest of corporation controlled by you
Southern Field Trading Limited 2201 Interest of corporation controlled by you
Sunluck Services Limited 2101 Beneficial owner
Tang Mei Lai Metty
Wong Kin Yip Freddie 2201 Interest of corporation controlled by you
Edgbaston Investment Partners Llp 2102 Investment manager
Hosking Partners Llp 2102 Investment manager

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