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ANE (Cayman) (HKSE:09956) Interest Expense : HK$-86 Mil (TTM As of Jun. 2023)


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What is ANE (Cayman) Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. ANE (Cayman)'s interest expense for the six months ended in Jun. 2023 was HK$ -53 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was HK$-86 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. ANE (Cayman)'s Operating Income for the six months ended in Jun. 2023 was HK$ 325 Mil. ANE (Cayman)'s Interest Expense for the six months ended in Jun. 2023 was HK$ -53 Mil. ANE (Cayman)'s Interest Coverage for the quarter that ended in Jun. 2023 was 6.11. 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.

ANE (Cayman) Interest Expense Historical Data

The historical data trend for ANE (Cayman)'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.

ANE (Cayman) Interest Expense Chart

ANE (Cayman) Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -104.48 -92.03 -156.78 -134.23 -86.30

ANE (Cayman) Semi-Annual Data
Dec18 Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Interest Expense Get a 7-Day Free Trial Premium Member Only -82.13 -70.00 -67.54 -53.17 -33.13

ANE (Cayman) 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 Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-86 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.

ANE (Cayman)  (HKSE:09956) 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.

ANE (Cayman)'s Interest Expense for the six months ended in Jun. 2023 was HK$-53 Mil. Its Operating Income for the six months ended in Jun. 2023 was HK$325 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2023 was HK$699 Mil.

ANE (Cayman)'s Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2023 )/Interest Expense (Q: Jun. 2023 )
=-1*324.88/-53.168
=6.11

* 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.

ANE (Cayman) (HKSE:09956) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » ANE (Cayman) Inc (HKSE:09956) » Definitions » Interest Expense
Comparable Companies
HKSE:02129 HKSE:08430 ODFL SAIA TSX:TFII XPO KNX TSE:9064 SNDR ARCB TSE:9076 WERN SHSE:603056 RXO SHSE:600662 MRTN TSE:9075 SHSE:603569 SHSE:603223 HTLD
Traded in Other Exchanges
N/A
Address
999 Huaxu Road, 8th Floor, Block B, E Linke World North District, Xujing Town, Qingpu District, Shanghai, CHN
Website
https://www.ane56.com
ANE (Cayman) Inc is a express freight network in China's less-than-truckload market. The Company mainly provide transportation services, value-added services and dispatch services to their freight partners, direct customers The company's business has one single operating segment namely provision of transportation and related services.
Executives
Qin Xinghua 2101 Beneficial owner
Wang Yongjun 2201 Interest of corporation controlled by you
Liu Haiyan 2501 Other
Zhu Jianhui 2501 Other
Advance Step Holdings Limited 2201 Interest of corporation controlled by you
Centurium Capital Partners 2018, L.p. 2201 Interest of corporation controlled by you
Topaz Gem Investment Holdings Limited 2101 Beneficial owner
Cdf Ane Limited 2501 Other
Max Choice Ventures Limited 2101 Beneficial owner
Trident Trust Company (hk) Limited 2301 Trustee

ANE (Cayman) (HKSE:09956) Headlines

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