New World Department Store China (New World Department Store China) Interest Expense : $-30.0 Mil (TTM As of Dec. 2023)

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What is New World Department Store China Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. New World Department Store China's interest expense for the six months ended in Dec. 2023 was $ -15.5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-30.0 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 Department Store China's Operating Income for the six months ended in Dec. 2023 was $ -22.1 Mil. New World Department Store China's Interest Expense for the six months ended in Dec. 2023 was $ -15.5 Mil. New World Department Store China did not have earnings to cover the interest expense. 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 Department Store China Interest Expense Historical Data

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

New World Department Store China Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Interest Expense

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-4.57

-32.42

-29.68

-30.60

-28.87

New World Department Store China 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															-16.57	-14.13	-14.47	-14.49	-15.52

New World Department Store China 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 $-30.0 Mil.

New World Department Store China (OTCPK:NWRLY) 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 Department Store China's Interest Expense for the six months ended in Dec. 2023 was $-15.5 Mil. Its Operating Income for the six months ended in Dec. 2023 was $-22.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was $319.2 Mil.

New World Department Store China's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

New World Department Store China did not have earnings to cover the interest expense.

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

New World Department Store China (New World Department Store China) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » New World Department Store China Ltd (OTCPK:NWRLY) » Definitions » Interest Expense

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Traded in Other Exchanges

00825:Hong Kong NWM:Germany

Address

88 Hing Fat Street, 7th Floor, Causeway Bay, Hong Kong, HKG

Website

https://www.nwds.com.hk

New World Department Store China Ltd owns and operates department stores and shopping malls in the Peoples Republic of China. The company operates through two segments namely Department stores and Property Investment business. The company generates maximum revenue from the Department store segment. Revenue is predominantly generated in Mainland China and important operating assets of the group are in Mainland China.

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