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Yuexiu Services Group (HKSE:06626) Interest Expense : HK$-5 Mil (TTM As of Dec. 2023)


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What is Yuexiu Services Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Yuexiu Services Group's interest expense for the six months ended in Dec. 2023 was HK$ -3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 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. Yuexiu Services Group's Operating Income for the six months ended in Dec. 2023 was HK$ 317 Mil. Yuexiu Services Group's Interest Expense for the six months ended in Dec. 2023 was HK$ -3 Mil. Yuexiu Services Group's Interest Coverage for the quarter that ended in Dec. 2023 was 118.63. 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.


Yuexiu Services Group Interest Expense Historical Data

The historical data trend for Yuexiu Services Group'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.

Yuexiu Services Group Interest Expense Chart

Yuexiu Services Group Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -72.07 -34.64 -4.19 -3.51 -5.35

Yuexiu Services Group Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.36 -1.92 -1.68 -2.67 -2.67

Yuexiu Services Group 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$-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.


Yuexiu Services Group  (HKSE:06626) 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.

Yuexiu Services Group's Interest Expense for the six months ended in Dec. 2023 was HK$-3 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$317 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$48 Mil.

Yuexiu Services Group'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*316.987/-2.672
=118.63

* 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. Yuexiu Services Group Ltd has enough cash to cover all of its debt. Its financial situation is stable.


Yuexiu Services Group (HKSE:06626) Business Description

Traded in Other Exchanges
N/A
Address
160 Lockhart Road, 26th Floor, Yue Xiu Building, Wanchai, Hong Kong, HKG
Yuexiu Services Group Ltd is an integrated property management services provider. It has two business segments; Non-commercial property management and value-added services including non-commercial property management services including cleaning, security, gardening, repair, and maintenance services, value-added services to non-property owners, including sales office and display unit management, support services, and decoration services, home-living services, space operation services, and Commercial property management and operational services including commercial property management services and other value-added services, market positioning consultancy and tenant sourcing services, including market positioning and management consultancy services and tenant sourcing services.
Executives
Guangzhou Construction & Development Holdings (china) Limited
Yue Xiu Enterprises (holdings) Limited
Yuexiu Property Company Limited
Guang Zhou Yue Xiu Ji Tuan Gu Fen You Xian Gong Si
Guang Zhou Di Tie Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Guang Zhou Di Tie Tou Rong Zi Xiang Gang You Xian Gong Si 2101 Beneficial owner

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