The Hongkong and Shanghai Hotels (The Hongkong and Shanghai Hotels) Interest Expense : $-54 Mil (TTM As of Dec. 2023)

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What is The Hongkong and Shanghai Hotels Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. The Hongkong and Shanghai Hotels's interest expense for the six months ended in Dec. 2023 was $ -31 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-54 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. The Hongkong and Shanghai Hotels's Operating Income for the six months ended in Dec. 2023 was $ 57 Mil. The Hongkong and Shanghai Hotels's Interest Expense for the six months ended in Dec. 2023 was $ -31 Mil. The Hongkong and Shanghai Hotels's Interest Coverage for the quarter that ended in Dec. 2023 was 1.86. 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.

The Hongkong and Shanghai Hotels Interest Expense Historical Data

The historical data trend for The Hongkong and Shanghai Hotels'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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The Hongkong and Shanghai Hotels Interest Expense Chart

The Hongkong and Shanghai Hotels Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-13.84

-10.32

-11.67

-23.51

-54.29

The Hongkong and Shanghai Hotels Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial															-6.16	-7.90	-15.54	-23.24	-30.99

The Hongkong and Shanghai Hotels 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 $-54 Mil.

The Hongkong and Shanghai Hotels (OTCPK:HKSHF) 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.

The Hongkong and Shanghai Hotels's Interest Expense for the six months ended in Dec. 2023 was $-31 Mil. Its Operating Income for the six months ended in Dec. 2023 was $57 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was $2,048 Mil.

The Hongkong and Shanghai Hotels'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	*	57.492	/	-30.987
	=	1.86

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

The Hongkong and Shanghai Hotels (The Hongkong and Shanghai Hotels) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » The Hongkong and Shanghai Hotels Ltd (OTCPK:HKSHF) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

HKSHY:USA 00045:Hong Kong HSG:Germany

Address

2 Ice House Street, 8th Floor, St. George’s Building, Central, Hong Kong, HKG

Website

https://www.hshgroup.com

The Hongkong and Shanghai Hotels Ltd is a hotel owner and operator, domiciled in Hong Kong. The company organises itself into three segments: hotels, commercial properties, and clubs and services. The hotel's segment, which contributes the vast majority of consolidated revenue, includes the company's hotel operations under The Peninsula brand in major cities across the globe, the most significant of which is The Peninsula Hong Kong. The commercial properties segment leases office buildings, residential apartments and retail spaces. Clubs and services operate golf courses, wholesales food, and provides laundry services. Geographically, domestic operations are the most significant contributor to company revenue, followed by Other Asia, and the U.S. and Europe.

The Hongkong and Shanghai Hotels (The Hongkong and Shanghai Hotels) Headlines

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