ESR Group (HKSE:01821) Interest Expense : HK$-2,404 Mil (TTM As of Jun. 2024)

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What is ESR Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. ESR Group's interest expense for the six months ended in Jun. 2024 was HK$ -1,200 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was HK$-2,404 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. ESR Group's Operating Income for the six months ended in Jun. 2024 was HK$ -285 Mil. ESR Group's Interest Expense for the six months ended in Jun. 2024 was HK$ -1,200 Mil. ESR Group 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.

ESR Group Interest Expense Historical Data

The historical data trend for ESR Group'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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ESR Group Interest Expense Chart

ESR Group Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-1,407.68

-1,142.74

-1,275.52

-1,731.59

-2,443.69

ESR Group Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Interest Expense	Get a 7-Day Free Trial									-779.38	-958.44	-1,243.79	-1,203.58	-1,199.93

ESR Group 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$-2,404 Mil.

ESR Group (HKSE:01821) 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.

ESR Group's Interest Expense for the six months ended in Jun. 2024 was HK$-1,200 Mil. Its Operating Income for the six months ended in Jun. 2024 was HK$-285 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was HK$39,208 Mil.

ESR Group's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

ESR Group 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. ESR Group Ltds earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

ESR Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » ESR Group Ltd (HKSE:01821) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

ESRCF:USA

Address

Two Exchange Square, Suites 2905-06, 8 Connaught Place, Central, Hong Kong, HKG

Website

https://www.esr.com

ESR Group, or ESR, is one of the largest real asset managers in the Asia-Pacific, with USD 154 billion in total assets under management as of June 30, 2024. Most of its earnings are derived from fund management, where it manages underlying assets in investment vehicles such as a fund or REIT for fee income and a share of profits. It also develops and holds investment properties on its balance sheet for rental income and capital appreciation and will divest them into its managed funds and REITs over time to unlock and recycle the capital into other investment opportunities. In addition, to align its interest with its capital partners, ESR co-invests in the funds and REITs that it manages where it generates dividend income, pro rata earnings and value appreciation.

Executives

Shen Jinchu	2201 Interest of corporation controlled by you
Gibson Stuart	2501 Other
The Bank Of New York Mellon Corporation	2201 Interest of corporation controlled by you
Apg Asset Management N.v.
Stichting Pensioenfonds Abp	2101 Beneficial owner
Apg Groep N.v.	2501 Other
Portes Charles Alexander	2501 Other
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Warburg Pincus Partners Gp Llc
Warburg Pincus Partners Ii, L.p.
Warburg Pincus Private Equity Xii, L.p.

ESR Group Headlines

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