Xinda Investment Holdings (HKSE:01281) Interest Expense : HK$-10.8 Mil (TTM As of Dec. 2023)

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What is Xinda Investment Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Xinda Investment Holdings's interest expense for the six months ended in Dec. 2023 was HK$ -5.2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-10.8 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. Xinda Investment Holdings's Operating Income for the six months ended in Dec. 2023 was HK$ -10.7 Mil. Xinda Investment Holdings's Interest Expense for the six months ended in Dec. 2023 was HK$ -5.2 Mil. Xinda Investment Holdings did not have earnings to cover the interest expense. 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.

Xinda Investment Holdings Interest Expense Historical Data

The historical data trend for Xinda Investment 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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Xinda Investment Holdings Interest Expense Chart

Xinda Investment Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-39.92

-25.19

-16.31

-13.19

-10.81

Xinda Investment 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															-7.98	-7.00	-6.53	-5.57	-5.24

Xinda Investment 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$-10.8 Mil.

Xinda Investment Holdings (HKSE:01281) 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.

Xinda Investment Holdings's Interest Expense for the six months ended in Dec. 2023 was HK$-5.2 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$-10.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$157.6 Mil.

Xinda Investment Holdings's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Xinda Investment Holdings did not have earnings to cover the interest expense.

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

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Xinda Investment Holdings Ltds earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

Xinda Investment Holdings (HKSE:01281) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Xinda Investment Holdings Ltd (HKSE:01281) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

66 Dongfang Road, Longjitaihe Industrial Park, Hebei Province, Gaobeidian, CHN

Website

http://en.longitech.hk

Xinda Investment Holdings Ltd formerly LongiTech Smart Energy Holding Ltd is engaged in providing smart energy solutions in the PRC. The primary activities of the company are smart energy and solar energy businesses. Its operating segments are Smart energy business and Public infrastructure construction business of which the majority of the revenue is generated from the Smart energy business segment. Geographically, it operates in China.

Executives

Wei Shaojun	2307 Founder of a discretionary trust who can infl
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