HMC Capital (ASX:HMC) Interest Expense : A$-12.50 Mil (TTM As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is HMC Capital Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. HMC Capital's interest expense for the six months ended in Dec. 2023 was A$ -8.22 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was A$-12.50 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. HMC Capital's Operating Income for the six months ended in Dec. 2023 was A$ 4.36 Mil. HMC Capital's Interest Expense for the six months ended in Dec. 2023 was A$ -8.22 Mil. HMC Capital's Interest Coverage for the quarter that ended in Dec. 2023 was 0.53. 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.

HMC Capital Interest Expense Historical Data

The historical data trend for HMC Capital'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.

HMC Capital Interest Expense Chart

HMC Capital Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Interest Expense

-21.90

-10.89

-5.75

-8.40

HMC Capital Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial				-3.89	-1.87	-4.12	-4.28	-8.22

HMC Capital 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 A$-12.50 Mil.

HMC Capital (ASX:HMC) 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.

HMC Capital's Interest Expense for the six months ended in Dec. 2023 was A$-8.22 Mil. Its Operating Income for the six months ended in Dec. 2023 was A$4.36 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was A$18.47 Mil.

HMC Capital'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	*	4.359	/	-8.219
	=	0.53

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

HMC Capital (ASX:HMC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » HMC Capital Ltd (ASX:HMC) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

HMCLF:USA

Address

1 Macquarie Place, Level 7, Sydney, NSW, AUS, 2000

Website

https://www.hmccapital.com.au

HMC Capital Ltd is a property group focused on ownership, development, and management. The company's operating segment includes Investments Funds Management and Corporate properties. It generates maximum revenue from the Investments segment. The company portfolio comprises mainly retail and services centers.