Evergrande Property Services Group (HKSE:06666) Interest Expense : HK$-17 Mil (TTM As of Dec. 2023)

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What is Evergrande Property Services Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Evergrande Property Services Group's interest expense for the six months ended in Dec. 2023 was HK$ -6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-17 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. Evergrande Property Services Group's Operating Income for the six months ended in Dec. 2023 was HK$ 1,322 Mil. Evergrande Property Services Group's Interest Expense for the six months ended in Dec. 2023 was HK$ -6 Mil. Evergrande Property Services Group's Interest Coverage for the quarter that ended in Dec. 2023 was 203.76. 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.

Evergrande Property Services Group Interest Expense Historical Data

The historical data trend for Evergrande Property 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.

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Evergrande Property Services Group Interest Expense Chart

Evergrande Property Services Group Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-7.16

-2.89

-59.06

-34.72

-17.02

Evergrande Property Services Group Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial							-35.70	-19.60	-16.06	-10.53	-6.49

Evergrande Property 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$-17 Mil.

Evergrande Property Services Group (HKSE:06666) 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.

Evergrande Property Services Group's Interest Expense for the six months ended in Dec. 2023 was HK$-6 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$1,322 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$20 Mil.

Evergrande Property 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	*	1321.773	/	-6.487
	=	203.76

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

Evergrande Property Services Group (HKSE:06666) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Evergrande Property Services Group Ltd (HKSE:06666) » Definitions » Interest Expense

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EVGPF:USA

Address

No. 78, Huangpu Avenue West, Third Compartment of Room 3101, Tianhe District, Guangdong, Guangzhou, CHN, 510660

Website

https://www.evergrandeservice.com

Evergrande Property Services Group Ltd is a property management service providers in China. It manages a diverse portfolio of properties, including mid- to high-end residential properties, office buildings and commercial properties. Further, it also manages other types of properties such as theme parks, industrial parks, healthcare complexes, themed towns and schools, among others.

Executives

China Evergrande Group	2201 Interest of corporation controlled by you
Ding Yu Mei	2202 Interest of your spouse
Hui Ka Yan	2201 Interest of corporation controlled by you
Xin Xin (bvi) Limited	2201 Interest of corporation controlled by you
Anji (bvi) Limited	2201 Interest of corporation controlled by you
Ceg Holdings (bvi) Limited	2101 Beneficial owner
Shengjian (bvi) Limited	2201 Interest of corporation controlled by you

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