Binjiang Service Group Co (HKSE:03316) Interest Expense : HK$-1 Mil (TTM As of Dec. 2023)

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What is Binjiang Service Group Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Binjiang Service Group Co's interest expense for the six months ended in Dec. 2023 was HK$ -0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-1 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. Binjiang Service Group Co's Operating Income for the six months ended in Dec. 2023 was HK$ 359 Mil. Binjiang Service Group Co's Interest Expense for the six months ended in Dec. 2023 was HK$ -0 Mil. Binjiang Service Group Co's Interest Coverage for the quarter that ended in Dec. 2023 was 1,066.09. 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.

Binjiang Service Group Co Interest Expense Historical Data

The historical data trend for Binjiang Service Group 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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Binjiang Service Group Co Interest Expense Chart

Binjiang Service Group Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-1.89

-0.64

-0.84

-3.06

-0.71

Binjiang Service Group Co Semi-Annual Data
	Dec15	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial										-0.55	-2.35	-0.83	-0.37	-0.34

Binjiang Service Group 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$-1 Mil.

Binjiang Service Group Co (HKSE:03316) 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.

Binjiang Service Group Co's Interest Expense for the six months ended in Dec. 2023 was HK$-0 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$359 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$2 Mil.

Binjiang Service Group 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	*	359.271	/	-0.337
	=	1,066.09

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

Binjiang Service Group Co (HKSE:03316) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Binjiang Service Group Co Ltd (HKSE:03316) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

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Address

No. 189 Fengqi East Road, Xincheng Times Square, 12th Floor, Room 1201-1, Block 1, Building 1, Jianggan District, Hangzhou, CHN

Website

https://www.hzbjwy.com

Binjiang Service Group Co Ltd is a property management service provider in China. The Company's business segments are classified into property management services, value-added services to non-property owners and 5S value-added services. Geographically, the company has majority of its operations in China.

Executives

Qi Jiaqi
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Qi Jinxing
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Mo Jianhua
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Zhu Huiming

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