New Hope Service Holdings (HKSE:03658) Interest Expense : HK$-4 Mil (TTM As of Jun. 2024)

View and export this data going back to 2021. Start your Free Trial

What is New Hope Service Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. New Hope Service Holdings's interest expense for the six months ended in Jun. 2024 was HK$ -2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was HK$-4 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. New Hope Service Holdings's Operating Income for the six months ended in Jun. 2024 was HK$ 164 Mil. New Hope Service Holdings's Interest Expense for the six months ended in Jun. 2024 was HK$ -2 Mil. New Hope Service Holdings's Interest Coverage for the quarter that ended in Jun. 2024 was 109.11. 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.

New Hope Service Holdings Interest Expense Historical Data

The historical data trend for New Hope Service 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.

New Hope Service Holdings Interest Expense Chart

New Hope Service Holdings Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

Get a 7-Day Free Trial

-53.08

-4.15

-3.74

-3.67

-3.90

New Hope Service Holdings Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Interest Expense	Get a 7-Day Free Trial							-1.85	-1.96	-1.71	-1.50	-2.42

New Hope Service 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-4 Mil.

New Hope Service Holdings (HKSE:03658) 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.

New Hope Service Holdings's Interest Expense for the six months ended in Jun. 2024 was HK$-2 Mil. Its Operating Income for the six months ended in Jun. 2024 was HK$164 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was HK$19 Mil.

New Hope Service Holdings's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Jun. 2024 )	/	Interest Expense (Q: Jun. 2024 )
	=	-1	*	163.662	/	-1.5
	=	109.11

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. New Hope Service Holdings Ltd has enough cash to cover all of its debt. Its financial situation is stable.

New Hope Service Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » New Hope Service Holdings Ltd (HKSE:03658) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

248 Queen’s Road East, 40th Floor, Dah Sing Financial Centre, Jinjiang District, Chengdu, Wanchai, CHN, 610000

Website

https://www.newhopeservice.com.cn

New Hope Service Holdings Ltd is a Chinese comprehensive property management and livelihood service operator, providing property management services, nonprofit Owner's value-added services, commercial operation services, and life services.

Executives

Chen Jing	2201 Interest of corporation controlled by you
Li Wei	2202 Interest of your spouse
Huang Kun	2201 Interest of corporation controlled by you
Jiang Mengjun	2201 Interest of corporation controlled by you
New Range Development Limited	2201 Interest of corporation controlled by you
New Voyage Development Limited	2101 Beneficial owner
Tmf Trust (hk) Limited	2301 Trustee
Wu Min	2201 Interest of corporation controlled by you
Zhang Minggui	2201 Interest of corporation controlled by you
Liu Chang	2307 Founder of a discretionary trust who can infl
Liu Yonghao	2201 Interest of corporation controlled by you
Medea Investments Limited	2201 Interest of corporation controlled by you
New Prosperity Development Limited	2201 Interest of corporation controlled by you
Sea Glory Developments Limited	2201 Interest of corporation controlled by you
Vistra Trust (singapore) Pte. Limited	2301 Trustee

New Hope Service Holdings Headlines

No Headlines