Tianjin Development Holdings (Tianjin Development Holdings) Interest Expense : $-13.7 Mil (TTM As of Dec. 2023)

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What is Tianjin Development Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Tianjin Development Holdings's interest expense for the six months ended in Dec. 2023 was $ -8.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-13.7 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. Tianjin Development Holdings's Operating Income for the six months ended in Dec. 2023 was $ 2.8 Mil. Tianjin Development Holdings's Interest Expense for the six months ended in Dec. 2023 was $ -8.0 Mil. Tianjin Development Holdings's Interest Coverage for the quarter that ended in Dec. 2023 was 0.35. 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.

Tianjin Development Holdings Interest Expense Historical Data

The historical data trend for Tianjin Development 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.

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Tianjin Development Holdings Interest Expense Chart

Tianjin Development Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-10.89

-9.14

-6.28

-10.60

-13.75

Tianjin Development Holdings 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															-3.05	-3.27	-7.30	-5.69	-8.04

Tianjin Development 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 $-13.7 Mil.

Tianjin Development Holdings (OTCPK:TJSCF) 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.

Tianjin Development Holdings's Interest Expense for the six months ended in Dec. 2023 was $-8.0 Mil. Its Operating Income for the six months ended in Dec. 2023 was $2.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was $219.7 Mil.

Tianjin Development 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	*	2.809	/	-8.042
	=	0.35

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

Tianjin Development Holdings (Tianjin Development Holdings) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Tianjin Development Holdings Ltd (OTCPK:TJSCF) » Definitions » Interest Expense

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00882:Hong Kong

Address

168-200 Connaught Road Central, Suites 7-13, 36th Floor, China Merchants Tower, Shun Tak Centre, Hong Kong, HKG

Website

http://www.tianjindev.com

Tianjin Development Holdings Ltd is a Chinese conglomerate engaged in utilities and various other services. It operates through six segments: The utility segment distributes electricity, water, heat, and thermal power to industrial, commercial, and residential customers. The Pharmaceutical segment manufactures and sells pharmaceutical products and provides pharmaceutical research and development, pharmaceutical packaging. The Hotels segment manages hotels. The electrical and Mechanical segment manufactures and sells presses, mechanical and hydroelectric equipment, and large-scale pump units. The Port Services segment offers port services. Elevators and Escalators segment manufactures and sells elevators and escalators. Nearly all of its revenue comes from China.

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