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Tai United Holdings (HKSE:00718) Interest Expense : HK$-174.9 Mil (TTM As of Jun. 2023)


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What is Tai United Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Tai United Holdings's interest expense for the six months ended in Jun. 2023 was HK$ -88.3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was HK$-174.9 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. Tai United Holdings's Operating Income for the six months ended in Jun. 2023 was HK$ -1.8 Mil. Tai United Holdings's Interest Expense for the six months ended in Jun. 2023 was HK$ -88.3 Mil. Tai United Holdings 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.


Tai United Holdings Interest Expense Historical Data

The historical data trend for Tai United 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.

* Premium members only.

Tai United Holdings Interest Expense Chart

Tai United Holdings Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -71.70 -15.29 -8.87 -130.57 -178.15

Tai United Holdings Semi-Annual Data
Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -22.98 -107.59 -91.49 -86.67 -88.27

Tai United 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 Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-174.9 Mil.

* 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.


Tai United Holdings  (HKSE:00718) Interest Expense Explanation

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 higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Tai United Holdings's Interest Expense for the six months ended in Jun. 2023 was HK$-88.3 Mil. Its Operating Income for the six months ended in Jun. 2023 was HK$-1.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2023 was HK$0.6 Mil.

Tai United Holdings's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Tai United Holdings did not have earnings to cover the interest expense.

* 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.

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


Tai United Holdings (HKSE:00718) Business Description

Traded in Other Exchanges
N/A
Address
26 Harbour Road, Room 4202–03A, 42th Floor, China Resource Building, Wanchai, Hong Kong, HKG
Tai United Holdings Ltd is an investment holding company. Its segments include Property investment segment engaged in property investment and leasing of properties; Medical equipment trading segment; Flooring materials trading segment; Mining and exploitation of natural resources segment engaged in mining and production of tungsten resources activities in the Republic of Mongolia; and Financial services and asset management segment that includes trading equity securities and derivatives and managing of assets arising from acquisition of distressed debts assets. It derives majority of the revenue from the Flooring materials trading segment.
Executives
Satinu Resources Group Ltd. 2201 Interest of corporation controlled by you
Songbird Sg Pte. Ltd. 2101 Beneficial owner

Tai United Holdings (HKSE:00718) Headlines

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