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TIL Enviro (HKSE:01790) Interest Expense : HK$-32.9 Mil (TTM As of Dec. 2023)


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What is TIL Enviro Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. TIL Enviro's interest expense for the six months ended in Dec. 2023 was HK$ -15.7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-32.9 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. TIL Enviro's Operating Income for the six months ended in Dec. 2023 was HK$ 35.9 Mil. TIL Enviro's Interest Expense for the six months ended in Dec. 2023 was HK$ -15.7 Mil. TIL Enviro's Interest Coverage for the quarter that ended in Dec. 2023 was 2.28. 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.

TIL Enviro Interest Expense Historical Data

The historical data trend for TIL Enviro'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.

TIL Enviro Interest Expense Chart

TIL Enviro Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only -42.59 -44.96 -41.56 -39.13 -32.87

TIL Enviro Semi-Annual Data
Dec15 Dec16 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 -21.13 -20.61 -18.52 -17.12 -15.75

TIL Enviro 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$-32.9 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.

TIL Enviro  (HKSE:01790) 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.

TIL Enviro's Interest Expense for the six months ended in Dec. 2023 was HK$-15.7 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$35.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$451.3 Mil.

TIL Enviro'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*35.857/-15.749
=2.28

* 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.

TIL Enviro (HKSE:01790) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » TIL Enviro Ltd (HKSE:01790) » Definitions » Interest Expense
Comparable Companies
HKSE:00154 HKSE:02265 HKSE:06805 HKSE:01483 HKSE:01845 HKSE:01397 HKSE:00436 HKSE:00979 HKSE:00923 HKSE:06812 WM RSG WCN XPAR:VIE GFL CLH XMAD:FCC CWST SHSE:603568 SZSE:002340
Traded in Other Exchanges
N/A
Address
No. 233 Tianhe North Road, Unit 08, Level 61, CITIC Plaza, Tianhe District, Guangdong Province, Guangzhou, CHN, 510613
Website
http://www.tilenviro.com
TIL Enviro Ltd is a wastewater treatment service provider operating and managing wastewater treatment facilities. The company's business divisions include Wastewater treatment operation services, Recycle water supply operation services, Wastewater treatment construction services, and Finance income from service concession arrangement. Geographically, it generates a majority of its revenue from the People's Republic of China.
Executives
Cheong Sze Theng 2202 Interest of your spouse
Lee Li-may 2202 Interest of your spouse
Lgb (malaysia) Sdn. Bhd. 2201 Interest of corporation controlled by you
Lgb Group (hk) Limited 2201 Interest of corporation controlled by you
Lim Chee Meng 2103 Interests held jointly with another person
Lim Chin Sean 2103 Interests held jointly with another person
Sparkle Century Group Limited 2101 Beneficial owner

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