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Poly Property Services Co (HKSE:06049) Interest Expense : HK$-5 Mil (TTM As of Jun. 2024)


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What is Poly Property Services Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Poly Property Services Co'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$-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. Poly Property Services Co's Operating Income for the six months ended in Jun. 2024 was HK$ 1,215 Mil. Poly Property Services Co's Interest Expense for the six months ended in Jun. 2024 was HK$ -2 Mil. Poly Property Services Co's Interest Coverage for the quarter that ended in Jun. 2024 was 496.07. 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.


Poly Property Services Co Interest Expense Historical Data

The historical data trend for Poly Property Services 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.

* Premium members only.

Poly Property Services Co Interest Expense Chart

Poly Property Services Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -1.00 -5.70 -12.93 -5.17 -5.13

Poly Property Services Co Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 -2.72 -2.58 -2.60 -2.53 -2.45

Poly Property Services 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-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.


Poly Property Services Co  (HKSE:06049) 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.

Poly Property Services Co'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$1,215 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was HK$76 Mil.

Poly Property Services Co'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*1215.373/-2.45
=496.07

* 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Poly Property Services Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.


Poly Property Services Co Business Description

Traded in Other Exchanges
N/A
Address
No. 832 Yue Jiang Zhong Road, 48-49th Floor, Poly Plaza, Hai Zhu District, Guangdong Province, Guangzhou, CHN
Poly Property Services Co Ltd is engaged in provision of property management services, community value-added services, and value-added services to non-property owners. The Company's property management services are engaged in providing property management services to property owners, residents, and property developers, including security, cleaning, greening, gardening, and repair and maintenance. Value-added services to non-property owners engaged in the provision of services to non-property owners, including pre-delivery and other services, Community value-added services include community living services, such as purchase assistance, turnkey furnishing and move-in services, housekeeping and other bespoken services, parking lot management services, and common area value-added services.
Executives
Brown Brothers Harriman & Co. 2502 Approved lending agent
Jpmorgan Chase & Co. 2201 Interest of corporation controlled by you
Hsbc Global Asset Management (hong Kong) Limited 2102 Investment manager
Xing Zheng Quan Qiu Ji Jin Guan Li You Xian Gong Si 2102 Investment manager
Citigroup Inc. 2201 Interest of corporation controlled by you
China International Capital Corporation Limited 2201 Interest of corporation controlled by you
China International Capital Corporation (hong Kong) Limited
China International Capital Corporation Hong Kong Securities Limited
Gaoling Fund, L.p. 2101 Beneficial owner
Hillhouse Capital Advisors, Ltd. 2102 Investment manager
Jian Xin Bei Jing Tou Zi Ji Jin Guan Li You Xian Ze Ren Gong Si 2201 Interest of corporation controlled by you

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