KRP Development Holdings (HKSE:02421) Interest Expense : HK$-0.3 Mil (TTM As of Sep. 2024)

View and export this data going back to 2023. Start your Free Trial

What is KRP Development Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. KRP Development Holdings's interest expense for the six months ended in Sep. 2024 was HK$ -0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was HK$-0.3 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. KRP Development Holdings's Operating Income for the six months ended in Sep. 2024 was HK$ 45.3 Mil. KRP Development Holdings's Interest Expense for the six months ended in Sep. 2024 was HK$ -0.0 Mil. KRP Development Holdings's Interest Coverage for the quarter that ended in Sep. 2024 was 45,305.00. 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.

KRP Development Holdings Interest Expense Historical Data

The historical data trend for KRP Development 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.

KRP Development Holdings Interest Expense Chart

KRP Development Holdings Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

-12.19

-0.37

-4.95

-7.31

-0.33

KRP Development Holdings Semi-Annual Data
	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Interest Expense	Get a 7-Day Free Trial				-2.44	-4.82	-0.07	-0.25	-

KRP Development 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 Sep. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-0.3 Mil.

KRP Development Holdings (HKSE:02421) 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.

KRP Development Holdings's Interest Expense for the six months ended in Sep. 2024 was HK$-0.0 Mil. Its Operating Income for the six months ended in Sep. 2024 was HK$45.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2024 was HK$0.0 Mil.

KRP Development Holdings's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2024 )	/	Interest Expense (Q: Sep. 2024 )
	=	-1	*	45.305	/	-0.001
	=	45,305.00

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. KRP Development Holdings Ltd has enough cash to cover all of its debt. Its financial situation is stable.

KRP Development Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » KRP Development Holdings Ltd (HKSE:02421) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

611–619 Castle Peak Road, Block C, 9th Floor, Southeast Industrial Building, Tsuen Wan, New Territories, Hong Kong, HKG

Website

http://www.krpd.com.hk

KRP Development Holdings Ltd is a boutique residential property developer, It is principally engaged in development and sales of residential properties in the fast-developing residential markets in Dongguan, Huizhou and Foshan. It has developed two product series for homebuyers, namely, Villas series, targeting middle income and move-up homebuyers, and Mansion, targeting first-time homebuyers and retirees.

Executives

Tmf (b.v.i.) Ltd.	2201 Interest of corporation controlled by you
New Sense Enterprises Limited	2101 Beneficial owner
Castfast Properties Development Co., Limited	2101 Beneficial owner
Honford Investments Limited	2201 Interest of corporation controlled by you
The Wedding City Co. Limited	2101 Beneficial owner
Ho Cheuk Fai	2201 Interest of corporation controlled by you
Ho Po Chu	2201 Interest of corporation controlled by you
Ho Cheuk Ming	2201 Interest of corporation controlled by you

KRP Development Holdings Headlines

No Headlines