Powerlong Commercial Management Holdings (HKSE:09909) Interest Expense : HK$-48 Mil (TTM As of Dec. 2023)

View and export this data going back to 2019. Start your Free Trial

What is Powerlong Commercial Management Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Powerlong Commercial Management Holdings's interest expense for the six months ended in Dec. 2023 was HK$ -28 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-48 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. Powerlong Commercial Management Holdings's Operating Income for the six months ended in Dec. 2023 was HK$ 302 Mil. Powerlong Commercial Management Holdings's Interest Expense for the six months ended in Dec. 2023 was HK$ -28 Mil. Powerlong Commercial Management Holdings's Interest Coverage for the quarter that ended in Dec. 2023 was 10.75. 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.

Powerlong Commercial Management Holdings Interest Expense Historical Data

The historical data trend for Powerlong Commercial Management 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.

Powerlong Commercial Management Holdings Interest Expense Chart

Powerlong Commercial Management Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-44.80

-40.08

-51.90

-64.55

-47.77

Powerlong Commercial Management Holdings Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial									-24.76	-27.21	-38.63	-19.72	-28.05

Powerlong Commercial Management 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-48 Mil.

Powerlong Commercial Management Holdings (HKSE:09909) 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.

Powerlong Commercial Management Holdings's Interest Expense for the six months ended in Dec. 2023 was HK$-28 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$302 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$1,018 Mil.

Powerlong Commercial Management Holdings'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	*	301.662	/	-28.054
	=	10.75

The higher the ratio, the stronger the company's financial strength is.

Powerlong Commercial Management Holdings (HKSE:09909) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Powerlong Commercial Management Holdings Ltd (HKSE:09909) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

1399 Xinzhen Road, Powerlong Tower, Minhang District, Shanghai, CHN, 201101

Website

http://www.powerlongcm.com

Powerlong Commercial Management Holdings Ltd is a commercial operation service provider in China. The company provides commercial operation services for developers, tenants, and owners of retail commercial properties. It operates through two segments: Commercial operational services and Residential property management service. Its operations include market research and positioning, tenant sourcing and opening preparation services, commercial operation and management services, and property leasing services; and Property management services, consisting of pre-sale management services, property management services, and other value-added services. Its commercial operational services are provided under four brands, namely Powerlong One Mall, Powerlong City, Powerlong Plaza, and Powerlong Land.

Executives

Hoi Wa Fong	2201 Interest of corporation controlled by you
Huihong Management (ptc) Limited
Shih Sze Ni Cecilia	2202 Interest of your spouse
Hoi Kin Hong
Powerlong Real Estate (bvi) Holdings Limited
Powerlong Real Estate Holdings Limited
Skylong Holdings Limited
Wong Lai Chan

Powerlong Commercial Management Holdings (HKSE:09909) Headlines

No Headlines