NWRDY (New World China Land) Interest Expense : $-38.72 Mil (TTM As of Dec. 2015)

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What is New World China Land Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. New World China Land's interest expense for the six months ended in Dec. 2015 was $ -18.81 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2015 was $-38.72 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. New World China Land's Operating Income for the six months ended in Dec. 2015 was $ 163.80 Mil. New World China Land's Interest Expense for the six months ended in Dec. 2015 was $ -18.81 Mil. New World China Land's Interest Coverage for the quarter that ended in Dec. 2015 was 8.71. 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.

New World China Land Interest Expense Historical Data

The historical data trend for New World China Land'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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New World China Land Interest Expense Chart

New World China Land Annual Data

Trend

Jun06

Jun07

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

Jun14

Jun15

Interest Expense

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-34.49

-37.70

-53.38

-40.16

-38.97

New World China Land Semi-Annual Data
	Jun04	Jun05	Jun06	Jun07	Jun08	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15
Interest Expense	Get a 7-Day Free Trial															-24.25	-15.90	-19.06	-19.91	-18.81

New World China Land 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. 2015 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-38.72 Mil.

New World China Land (OTCPK:NWRDY) 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.

New World China Land's Interest Expense for the six months ended in Dec. 2015 was $-18.81 Mil. Its Operating Income for the six months ended in Dec. 2015 was $163.80 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2015 was $5,443.67 Mil.

New World China Land's Interest Coverage for the quarter that ended in Dec. 2015 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2015 )	/	Interest Expense (Q: Dec. 2015 )
	=	-1	*	163.795	/	-18.808
	=	8.71

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

New World China Land Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » New World China Land Ltd (OTCPK:NWRDY) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

Website

http://www.nwcl.com.hk

New World China Land Ltd is a real estate company. It develops and invests in properties and real estate in China. The firm's projects include residential communities, serviced apartments, villas, offices, shopping centers, mixed-use comprehensive buildings, hotels, and resorts. It derives the majority of its revenues from proceeds from the sale of properties. The company's majority of assets and operation are located in China.

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