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Okura Holdings (HKSE:01655) Interest Expense : HK$-7.5 Mil (TTM As of Jun. 2024)


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What is Okura Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Okura Holdings's interest expense for the six months ended in Jun. 2024 was HK$ -3.2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was HK$-7.5 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. Okura Holdings's Operating Income for the six months ended in Jun. 2024 was HK$ 38.4 Mil. Okura Holdings's Interest Expense for the six months ended in Jun. 2024 was HK$ -3.2 Mil. Okura Holdings's Interest Coverage for the quarter that ended in Jun. 2024 was 12.13. 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.

Okura Holdings Interest Expense Historical Data

The historical data trend for Okura 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.

Okura Holdings Interest Expense Chart

Okura Holdings Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -19.45 -18.75 -14.12 -12.03 -7.12

Okura Holdings Semi-Annual Data
Jun14 Jun15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 -6.85 -6.58 -5.71 -4.34 -3.17

Okura 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$-7.5 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.

Okura Holdings  (HKSE:01655) 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.

Okura Holdings's Interest Expense for the six months ended in Jun. 2024 was HK$-3.2 Mil. Its Operating Income for the six months ended in Jun. 2024 was HK$38.4 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was HK$330.1 Mil.

Okura 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*38.392/-3.166
=12.13

* 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.

Okura Holdings Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Okura Holdings Ltd (HKSE:01655) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
13-10 Motofuna-machi, 7th Floor, Nagasaki Prefecture, Nagasaki, JPN, 850-0035
Website
http://www.okura-holdings.com
Okura Holdings Ltd is an investment holding company. Along with its subsidiaries, it is principally engaged in pachinko and pachislot hall operations in Japan. The company's reportable segments are pachinko and pachislot hall operation which is also its key revenue generating segment, property rental, and others.
Executives
Yamamoto Katsuya 2307 Founder of a discretionary trust who can infl
Ami Culture Foundation 2201 Interest of corporation controlled by you
Corfiducia Anstalt 2301 Trustee
Ichikura Limited 2101 Beneficial owner
Sprecher Josef 2301 Trustee
Katsuya Yamamoto 2101 Beneficial owner

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