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Hengtai Securities Co (HKSE:01476) Interest Expense : HK$-471 Mil (TTM As of Dec. 2023)


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What is Hengtai Securities Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Hengtai Securities Co's interest expense for the six months ended in Dec. 2023 was HK$ -241 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-471 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. Hengtai Securities Co's Operating Income for the six months ended in Dec. 2023 was HK$ -83 Mil. Hengtai Securities Co's Interest Expense for the six months ended in Dec. 2023 was HK$ -241 Mil. Hengtai Securities Co 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.

Hengtai Securities Co Interest Expense Historical Data

The historical data trend for Hengtai Securities Co'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.

Hengtai Securities Co Interest Expense Chart

Hengtai Securities Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -520.70 -532.53 -707.94 -523.25 -471.19

Hengtai Securities Co Semi-Annual Data
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 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 -380.16 -291.82 -245.24 -229.90 -241.29

Hengtai Securities Co 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 HK$-471 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.

Hengtai Securities Co  (HKSE:01476) 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.

Hengtai Securities Co's Interest Expense for the six months ended in Dec. 2023 was HK$-241 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$-83 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$3,777 Mil.

Hengtai Securities Co's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Hengtai Securities Co 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.

Hengtai Securities Co (HKSE:01476) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Hengtai Securities Co Ltd (HKSE:01476) » Definitions » Interest Expense
Comparable Companies
HKSE:01788 HKSE:00127 HKSE:03678 HKSE:01428 HKSE:00335 HKSE:01469 HKSE:00064 HKSE:01104 HKSE:00622 HKSE:00952 MS GS SCHW SHSE:600030 ASX:MQG BSP:BPAC3 SHSE:601066 RJF TW HKSE:03908
Traded in Other Exchanges
N/A
Address
No. 17 Finance Street, 11th Floor, China Life Centre, Xicheng District, Beijing, CHN, 100033
Website
https://www.cnht.com.cn
Hengtai Securities Co Ltd offers financial products and services to individuals, corporations, financial institutions, and government entities. The company's operating segment includes Brokerage and wealth management; Investment banking; Proprietary trading; Investment management and Others. It generates maximum revenue from the Brokerage and wealth management segment. Brokerage and wealth management segment engaged in the trading of stocks, funds, bonds and futures on behalf of the clients, and also providing investment and financing solutions to high end, professional and institutional clients. In addition, the sale of financial products, margin financing, and securities lending.

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