Excellence Commercial Property & Facilities Management Group (HKSE:06989) Interest Expense : HK$-6 Mil (TTM As of Dec. 2023)

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What is Excellence Commercial Property & Facilities Management Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Excellence Commercial Property & Facilities Management Group's interest expense for the six months ended in Dec. 2023 was HK$ -2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-6 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. Excellence Commercial Property & Facilities Management Group's Operating Income for the six months ended in Dec. 2023 was HK$ 240 Mil. Excellence Commercial Property & Facilities Management Group's Interest Expense for the six months ended in Dec. 2023 was HK$ -2 Mil. Excellence Commercial Property & Facilities Management Group's Interest Coverage for the quarter that ended in Dec. 2023 was 106.27. 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.

Excellence Commercial Property & Facilities Management Group Interest Expense Historical Data

The historical data trend for Excellence Commercial Property & Facilities Management 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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Excellence Commercial Property & Facilities Management Group Interest Expense Chart

Excellence Commercial Property & Facilities Management Group Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-20.64

-35.01

-25.35

-10.20

-6.50

Excellence Commercial Property & Facilities Management Group Semi-Annual Data
	Dec17	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial						-12.30	-6.55	-3.96	-4.24	-2.26

Excellence Commercial Property & Facilities Management 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$-6 Mil.

Excellence Commercial Property & Facilities Management Group (HKSE:06989) 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.

Excellence Commercial Property & Facilities Management Group's Interest Expense for the six months ended in Dec. 2023 was HK$-2 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$240 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$11 Mil.

Excellence Commercial Property & Facilities Management 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	*	240.287	/	-2.261
	=	106.27

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. Excellence Commercial Property & Facilities Management Group Ltd has enough cash to cover all of its debt. Its financial situation is stable.

Excellence Commercial Property & Facilities Management Group (HKSE:06989) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Excellence Commercial Property & Facilities Management Group Ltd (HKSE:06989) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Fuhua Third Road, 38Ath Floor, Tower 4, Excellence Century Center, Futian District, Guangdong Province, Shenzhen, CHN, 518000

Website

http://www.excepm.com

Excellence Commercial Property & Facilities Management Group Ltd is a commercial property management service provider in China. The company's projects included commercial properties, public and industrial properties, and residential properties. It operates in three segments namely Finance services, Other services, and Property management services that provide basic property management services or system supply and installation services to property developers, property owners, and tenants, and value-added services to such customers, including asset services which includes preliminary property consulting services, property leasing and sales agency services, asset-light property operation services and space operation services, and corporate services.

Executives

Xiao Xingping	2202 Interest of your spouse
Li Xiaoping	2101 Beneficial owner
Li Wa	2201 Interest of corporation controlled by you
Oriental Rich Holdings Group Limited	2201 Interest of corporation controlled by you
Urban Hero Investments Limited	2101 Beneficial owner
Ever Rainbow Holdings Limited	2101 Beneficial owner
Autumn Riches Limited	2101 Beneficial owner
Li Yuan	2201 Interest of corporation controlled by you

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