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Autostreets Development (HKSE:02443) Interest Expense : HK$-6.8 Mil (TTM As of Dec. 2024)


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What is Autostreets Development Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Autostreets Development's interest expense for the six months ended in Dec. 2024 was HK$ -3.3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was HK$-6.8 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. Autostreets Development's Operating Income for the six months ended in Dec. 2024 was HK$ 36.8 Mil. Autostreets Development's Interest Expense for the six months ended in Dec. 2024 was HK$ -3.3 Mil. Autostreets Development's Interest Coverage for the quarter that ended in Dec. 2024 was 11.32. 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.

Autostreets Development Interest Expense Historical Data

The historical data trend for Autostreets Development'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.

Autostreets Development Interest Expense Chart

Autostreets Development Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Interest Expense
-6.03 -6.38 -6.31 -6.75

Autostreets Development Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24 Dec24
Interest Expense Get a 7-Day Free Trial - -3.00 -3.30 -3.53 -3.25

Autostreets Development 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-6.8 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.

Autostreets Development  (HKSE:02443) 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.

Autostreets Development's Interest Expense for the six months ended in Dec. 2024 was HK$-3.3 Mil. Its Operating Income for the six months ended in Dec. 2024 was HK$36.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was HK$53.8 Mil.

Autostreets Development's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*36.811/-3.251
=11.32

* 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.

Autostreets Development Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Autostreets Development Ltd (HKSE:02443) » Definitions » Interest Expense
Comparable Companies
HKSE:02418 HKSE:01268 HKSE:03669 HKSE:00693 HKSE:01872 HKSE:03836 HKSE:02399 HKSE:06909 HKSE:01728 HKSE:01130 CVNA PAG TPE:2207 XBRU:DIE KMX LAD AN GPI TSE:4732 VVV
Traded in Other Exchanges
N/A
Address
Zhenbei Road, No. 2251, 6th Floor, Kailong Center, Putuo District, Shanghai, CHN
Website
http://www.autostreets.com
Autostreets Development Ltd is engaged in used vehicle transaction service provider. It connects used vehicle buyers and sellers through its transaction platform in two auction formats, namely online-offline integrated auction and online auction. It had 79 auction sites located in 74 cities and offered offline services in 317 cities across China. It generates all of its revenues from PRC China.
Executives
Guang Hui Qi Che Fu Wu Ji Tuan Gu Fen Gong Si Guang Hui Qi Che Fu Wu Gu Fen Gong Si 2201 Interest of corporation controlled by you
World Key Investment Trading Limited 2101 Beneficial owner
Yang Hansong 2201 Interest of corporation controlled by you
Yang Aihua 2307 Founder of a discretionary trust who can infl
Extensive Prosperous Investments Limited 2101 Beneficial owner
Extensive Success Holding Limited 2201 Interest of corporation controlled by you
Orient Rich Investment Development Limited 2201 Interest of corporation controlled by you
Tmf (cayman) Ltd. 2301 Trustee
Han Zhuoheng 2201 Interest of corporation controlled by you
Zhuoheng Holding Limited 2101 Beneficial owner
China Grand Automotive Services Group Co., Ltd. 2201 Interest of corporation controlled by you
Cox Automotive, Inc. 2201 Interest of corporation controlled by you
Cox Enterprises, Inc. 2201 Interest of corporation controlled by you
Manheim Investments, Inc. 2101 Beneficial owner

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