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HKBN (HKSE:01310) Interest Expense : HK$-805 Mil (TTM As of Feb. 2024)


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What is HKBN Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. HKBN's interest expense for the six months ended in Feb. 2024 was HK$ -428 Mil. Its interest expense for the trailing twelve months (TTM) ended in Feb. 2024 was HK$-805 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. HKBN's Operating Income for the six months ended in Feb. 2024 was HK$ 428 Mil. HKBN's Interest Expense for the six months ended in Feb. 2024 was HK$ -428 Mil. HKBN's Interest Coverage for the quarter that ended in Feb. 2024 was 1.00. 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.


HKBN Interest Expense Historical Data

The historical data trend for HKBN'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.

HKBN Interest Expense Chart

HKBN Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -247.18 -483.43 -301.67 -328.92 -707.06

HKBN Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 -142.44 -186.48 -329.91 -377.16 -427.81

HKBN 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 Feb. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-805 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.


HKBN  (HKSE:01310) 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.

HKBN's Interest Expense for the six months ended in Feb. 2024 was HK$-428 Mil. Its Operating Income for the six months ended in Feb. 2024 was HK$428 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Feb. 2024 was HK$10,995 Mil.

HKBN's Interest Coverage for the quarter that ended in Feb. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Feb. 2024 )/Interest Expense (Q: Feb. 2024 )
=-1*428.003/-427.81
=1.00

* 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.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. HKBN Ltds earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.


HKBN (HKSE:01310) Business Description

Traded in Other Exchanges
Address
18 Kin Hong Street, 12th Floor, Trans Asia Centre, Kwai Chung, New Territories, Hong Kong, HKG
HKBN Ltd is a telecommunications company. The company derives revenue from broadband Internet services and voice services to both residential and enterprise customers. The principal activities of the Group are (i) provision of fixed telecommunications network services, international telecommunications services, and mobile services to residential and enterprise customers in Hong Kong, (ii) system integration services, (iii) product sales, and (iv) marketing and distribution of computer hardware and software, telecommunication products, office automation products and the provision of related services. The company has two segments Telecom and technology solutions (Hong Kong) and Telecom and technology solutions (non-Hong Kong) and the majority of its revenue is generated from Hong Kong.
Executives
Gic Private Limited 2102 Investment manager
Min Bryan Byungsuk 2201 Interest of corporation controlled by you
Bonderman David 2201 Interest of corporation controlled by you
Coulter James George 2201 Interest of corporation controlled by you
Kim Michael Byungju 2201 Interest of corporation controlled by you
Mbk Gp Iii, Inc. 2201 Interest of corporation controlled by you
Mbk Partners Fund Iii, L.p. 2201 Interest of corporation controlled by you
Mbk Partners Gp Iii, L.p. 2201 Interest of corporation controlled by you
Mbk Partners Jc Gp, Inc. 2201 Interest of corporation controlled by you
Mbk Partners Jc Gp, L.p. 2201 Interest of corporation controlled by you
Mbk Partners Jc, L.p. 2201 Interest of corporation controlled by you
Tpg Asia Advisors Vi, Inc. 2201 Interest of corporation controlled by you
Twin Holding Ltd 2101 Beneficial owner
Canada Pension Plan Investment Board

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