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Altus Holdings (HKSE:08149) Interest Expense : HK$-4.92 Mil (TTM As of Sep. 2023)


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What is Altus Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Altus Holdings's interest expense for the three months ended in Sep. 2023 was HK$ -1.35 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was HK$-4.92 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. Altus Holdings's Operating Income for the three months ended in Sep. 2023 was HK$ 4.52 Mil. Altus Holdings's Interest Expense for the three months ended in Sep. 2023 was HK$ -1.35 Mil. Altus Holdings's Interest Coverage for the quarter that ended in Sep. 2023 was 3.35. 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.


Altus Holdings Interest Expense Historical Data

The historical data trend for Altus 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.

Altus Holdings Interest Expense Chart

Altus Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Interest Expense
Get a 7-Day Free Trial Premium Member Only -5.89 -4.90 -4.64 -4.10 -4.30

Altus Holdings Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 Premium Member Only -1.06 -1.17 -1.20 -1.21 -1.35

Altus 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was HK$-4.92 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.


Altus Holdings  (HKSE:08149) 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.

Altus Holdings's Interest Expense for the three months ended in Sep. 2023 was HK$-1.35 Mil. Its Operating Income for the three months ended in Sep. 2023 was HK$4.52 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was HK$96.61 Mil.

Altus Holdings's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2023 )/Interest Expense (Q: Sep. 2023 )
=-1*4.515/-1.346
=3.35

* 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.


Altus Holdings (HKSE:08149) Business Description

Traded in Other Exchanges
N/A
Address
21 Wing Wo Street, Central, Hong Kong, HKG
Altus Holdings Ltd is an investment holding company. It operates in two segments namely Advisory and consulting and Proprietary investments. The company generates maximum revenue from the Proprietary investments segment. The Proprietary investments segment includes leasing of investment properties for residential and commercial use and derives rental income therefrom as well as holding of a portfolio of securities for dividend income and aims for capital gain.
Executives
Flying Castle Limited 2101 Beneficial owner
Kinley-hecico Holdings Limited 2201 Interest of corporation controlled by you
Landmark Trust Switzerland Sa 2201 Interest of corporation controlled by you
Ho Shuk Yee Samantha 2202 Interest of your spouse
Ip Arnold Tin Chee 2501 Other
Chan Kit Lai Cecilia 2307 Founder of a discretionary trust who can infl
Lam Ip Tin Wai Chyvette 2501 Other

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