Sunac Services Holdings (HKSE:01516) Interest Expense : HK$-7 Mil (TTM As of Jun. 2024)

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What is Sunac Services Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sunac Services Holdings's interest expense for the six months ended in Jun. 2024 was HK$ -3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was HK$-7 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. Sunac Services Holdings's Operating Income for the six months ended in Jun. 2024 was HK$ 623 Mil. Sunac Services Holdings's Interest Expense for the six months ended in Jun. 2024 was HK$ -3 Mil. Sunac Services Holdings's Interest Coverage for the quarter that ended in Jun. 2024 was 179.43. 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.

Sunac Services Holdings Interest Expense Historical Data

The historical data trend for Sunac Services 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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Sunac Services Holdings Interest Expense Chart

Sunac Services Holdings Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

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-2.49

-8.59

-6.73

-7.40

-6.62

Sunac Services Holdings Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Interest Expense	Get a 7-Day Free Trial									-3.52	-3.74	-3.65	-3.47	-3.17

Sunac Services 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-7 Mil.

Sunac Services Holdings (HKSE:01516) 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.

Sunac Services Holdings's Interest Expense for the six months ended in Jun. 2024 was HK$-3 Mil. Its Operating Income for the six months ended in Jun. 2024 was HK$623 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was HK$112 Mil.

Sunac Services Holdings's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Jun. 2024 )	/	Interest Expense (Q: Jun. 2024 )
	=	-1	*	622.972	/	-3.472
	=	179.43

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

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Sunac Services Holdings Ltd has enough cash to cover all of its debt. Its financial situation is stable.

Sunac Services Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Sunac Services Holdings Ltd (HKSE:01516) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

SSHLF:USA 65D:Germany

Address

Hongqi Road, Block O1A, 25th Floor, Sunac Center, Nankai District, Tianjin, CHN, 300381

Website

http://www.sunacservice.com

Sunac Services Holdings Ltd is engaged in the provision of property management services, value-added services to non-property owners, community living services and commercial operational services in the PRC.

Executives

Sunac Shine (ptc) Limited	2301 Trustee
Sun Hongbin	2307 Founder of a discretionary trust who can infl
Sunac Holdings Llc	2201 Interest of corporation controlled by you
Sunac International Investment Holdings Ltd	2201 Interest of corporation controlled by you
Sunac China Holdings Limited	2201 Interest of corporation controlled by you
Sunac Services Investment Limited	2101 Beneficial owner
Gai Gong Si Wei Sun Hong Bin Xian Sheng Jia Zu Xin Tuo De Shou Tuo Ren	2201 Interest of corporation controlled by you
Morgan Stanley International Holdings Inc.	2201 Interest of corporation controlled by you
Morgan Stanley International Limited	2201 Interest of corporation controlled by you
Morgan Stanley Investments (uk)	2201 Interest of corporation controlled by you
Morgan Stanley & Co. International Plc	2105 Underwriter

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