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China Resources Mixc Lifestyle Services (HKSE:01209) Interest Expense : HK$-128 Mil (TTM As of Dec. 2023)


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What is China Resources Mixc Lifestyle Services Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. China Resources Mixc Lifestyle Services's interest expense for the six months ended in Dec. 2023 was HK$ -63 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-128 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. China Resources Mixc Lifestyle Services's Operating Income for the six months ended in Dec. 2023 was HK$ 1,980 Mil. China Resources Mixc Lifestyle Services's Interest Expense for the six months ended in Dec. 2023 was HK$ -63 Mil. China Resources Mixc Lifestyle Services's Interest Coverage for the quarter that ended in Dec. 2023 was 31.50. 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.


China Resources Mixc Lifestyle Services Interest Expense Historical Data

The historical data trend for China Resources Mixc Lifestyle Services'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.

China Resources Mixc Lifestyle Services Interest Expense Chart

China Resources Mixc Lifestyle Services Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -71.48 -85.50 -92.62 -97.40 -128.19

China Resources Mixc Lifestyle Services Semi-Annual Data
Dec17 Dec18 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 -45.94 -42.26 -57.15 -65.33 -62.86

China Resources Mixc Lifestyle Services 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$-128 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.


China Resources Mixc Lifestyle Services  (HKSE:01209) 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.

China Resources Mixc Lifestyle Services's Interest Expense for the six months ended in Dec. 2023 was HK$-63 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$1,980 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$2,480 Mil.

China Resources Mixc Lifestyle Services'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*1980.451/-62.864
=31.50

* 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.


China Resources Mixc Lifestyle Services (HKSE:01209) Business Description

Traded in Other Exchanges
N/A
Address
No. 9668 Shennan Avenue, 30th Floor, China Resources Land Building, Tower B, Nanshan District, Shenzhen, CHN
China Resources Mixc Lifestyle Services Ltd offers property management services. The business activities of the group function through two business segments namely the residential property management services segment and Commercial operational and property management services segment. Majority of revenue is generated from Commercial operational and property management services segment. The Group provides property management and value-added services to portfolios of residential properties, and also manages and operates a diversified and growing portfolio of commercial properties comprising shopping malls and office buildings. Geographically the company operates through the regions of China.

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