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Tianli International Holdings (HKSE:01773) Interest Expense : HK$-93 Mil (TTM As of Aug. 2024)


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What is Tianli International Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Tianli International Holdings's interest expense for the six months ended in Aug. 2024 was HK$ -55 Mil. Its interest expense for the trailing twelve months (TTM) ended in Aug. 2024 was HK$-93 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. Tianli International Holdings's Operating Income for the six months ended in Aug. 2024 was HK$ 415 Mil. Tianli International Holdings's Interest Expense for the six months ended in Aug. 2024 was HK$ -55 Mil. Tianli International Holdings's Interest Coverage for the quarter that ended in Aug. 2024 was 7.59. 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.

Tianli International Holdings Interest Expense Historical Data

The historical data trend for Tianli International 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.

Tianli International Holdings Interest Expense Chart

Tianli International Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Aug22 Aug23 Aug24
Interest Expense
Get a 7-Day Free Trial Premium Member Only -14.03 -9.87 -31.73 -67.51 -93.52

Tianli International Holdings Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24
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 -15.06 -29.42 -39.84 -38.70 -54.69

Tianli International 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 Aug. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-93 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.

Tianli International Holdings  (HKSE:01773) 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.

Tianli International Holdings's Interest Expense for the six months ended in Aug. 2024 was HK$-55 Mil. Its Operating Income for the six months ended in Aug. 2024 was HK$415 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Aug. 2024 was HK$1,932 Mil.

Tianli International Holdings's Interest Coverage for the quarter that ended in Aug. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Aug. 2024 )/Interest Expense (Q: Aug. 2024 )
=-1*415.11/-54.69
=7.59

* 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.

Tianli International Holdings Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Tianli International Holdings Ltd (HKSE:01773) » Definitions » Interest Expense
Comparable Companies
HKSE:00839 HKSE:01969 HKSE:02469 HKSE:03978 HKSE:01797 HKSE:00667 HKSE:00032 HKSE:01769 HKSE:01890 HKSE:02385 EDU LRN TAL LOPE GHC ATGE LAUR SZSE:002607 HKSE:09636 SZSE:300364
Traded in Other Exchanges
N/A
Address
Qingyang Industrial Zone, Tower T25, Sichuan Province, Chengdu, CHN
Website
https://www.tianlieducation.com
Tianli International Holdings Ltd operates as a private education service provider in Western China. The Company provides clients with integrated education management and diversified services. Its services mainly include comprehensive education services, training services, study trip services, early childhood education services, canteen operations, management and franchise, as well as supply chain management services. The Company also offers extracurricular programs in music, arts, physical education and languages, as well as licensing rights to its brands for early childhood centers. Geographically, it derives revenue from PRC.
Executives
First Beijing Investment Limited 2102 Investment manager
Norges Bank 2101 Beneficial owner
Luo Shi 2201 Interest of corporation controlled by you
Tu Mengxuan 2202 Interest of your spouse
Sky Elite Limited 2101 Beneficial owner
Tct (bvi) Limited 2501 Other
The Core Trust Company Limited 2301 Trustee

Tianli International Holdings Headlines

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