Ronshine Service Holding Co (HKSE:02207) Interest Expense : HK$-0.2 Mil (TTM As of Dec. 2023)

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What is Ronshine Service Holding Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ronshine Service Holding Co's interest expense for the six months ended in Dec. 2023 was HK$ -0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-0.2 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. Ronshine Service Holding Co's Operating Income for the six months ended in Dec. 2023 was HK$ 50.9 Mil. Ronshine Service Holding Co's Interest Expense for the six months ended in Dec. 2023 was HK$ -0.0 Mil. Ronshine Service Holding Co's Interest Coverage for the quarter that ended in Dec. 2023 was 50,852.00. 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.

Ronshine Service Holding Co Interest Expense Historical Data

The historical data trend for Ronshine Service Holding Co'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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Ronshine Service Holding Co Interest Expense Chart

Ronshine Service Holding Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-0.11

-0.31

-0.70

-0.33

-0.16

Ronshine Service Holding Co Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial					-0.62	-0.14	-0.19	-0.16	-

Ronshine Service Holding Co 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$-0.2 Mil.

Ronshine Service Holding Co (HKSE:02207) 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.

Ronshine Service Holding Co's Interest Expense for the six months ended in Dec. 2023 was HK$-0.0 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$50.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$2.5 Mil.

Ronshine Service Holding Co's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	50.852	/	-0.001
	=	50,852.00

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. Ronshine Service Holding Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

Ronshine Service Holding Co (HKSE:02207) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Ronshine Service Holding Co Ltd (HKSE:02207) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

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Address

Lane 226 Panyang Road, Room 401-3, Building No. 6, Minhang District, Shanghai, CHN

Website

http://www.rxswy.com

Ronshine Service Holding Co Ltd is principally engaged in the provision of property management services and related value-added services, including pre-delivery services, household assistance services, sales services, and other services in China. The company derives a majority of its revenue from the People's Republic of China.

Executives

Ou Zonghong	2307 Founder of a discretionary trust who can infl
Hsbc International Trustee Limited	2301 Trustee
Rongan Juxiang Co., Ltd	2201 Interest of corporation controlled by you
Rongxin Yipin Co., Ltd	2101 Beneficial owner
Fumei International Co., Ltd	2101 Beneficial owner

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