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Clifford Modern Living Holdings (HKSE:03686) Interest Expense : HK$-2.5 Mil (TTM As of Dec. 2023)


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What is Clifford Modern Living Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Clifford Modern Living Holdings's interest expense for the six months ended in Dec. 2023 was HK$ -1.2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-2.5 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. Clifford Modern Living Holdings's Operating Income for the six months ended in Dec. 2023 was HK$ 48.0 Mil. Clifford Modern Living Holdings's Interest Expense for the six months ended in Dec. 2023 was HK$ -1.2 Mil. Clifford Modern Living Holdings's Interest Coverage for the quarter that ended in Dec. 2023 was 41.17. 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.


Clifford Modern Living Holdings Interest Expense Historical Data

The historical data trend for Clifford Modern Living 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.

Clifford Modern Living Holdings Interest Expense Chart

Clifford Modern Living Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.77 -2.09 -2.68 -3.03 -2.53

Clifford Modern Living Holdings Semi-Annual Data
Dec13 Dec14 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.37 -1.53 -1.57 -1.36 -1.17

Clifford Modern Living 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-2.5 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.


Clifford Modern Living Holdings  (HKSE:03686) 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.

Clifford Modern Living Holdings's Interest Expense for the six months ended in Dec. 2023 was HK$-1.2 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$48.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$42.6 Mil.

Clifford Modern Living Holdings'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*48.043/-1.167
=41.17

* 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.


Clifford Modern Living Holdings (HKSE:03686) Business Description

Traded in Other Exchanges
N/A
Address
8 Shiguang Road, Panyu, Guangdong, Guangzhou, CHN, 511496
Clifford Modern Living Holdings Ltd is an investment holding company. The group is engaged in the provision of services to residents in properties developed under the brand name Clifford, including retail services, catering services, property management services, laundry services, off-campus training services, property agency services, employment placement services, information technology services, renovation and fitting-out services, in the PRC Mainland. It is a diversified service portfolio comprising six main service segments; Property management services, Renovation and fitting-out services, Retail services, Off-campus training services, Information technology services and Ancillary Living Services.
Executives
Man Lai Hung 2101 Beneficial owner
Pang Lun Kee Clifford 2202 Interest of your spouse
Elland Holdings Limited 2101 Beneficial owner

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