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Seacon Shipping Group Holdings (HKSE:02409) Interest Expense : HK$-26 Mil (TTM As of Jun. 2023)


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What is Seacon Shipping Group Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Seacon Shipping Group Holdings's interest expense for the three months ended in Jun. 2023 was HK$ 0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was HK$-26 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. Seacon Shipping Group Holdings's Operating Income for the three months ended in Jun. 2023 was HK$ 0 Mil. Seacon Shipping Group Holdings's Interest Expense for the three months ended in Jun. 2023 was HK$ 0 Mil. GuruFocus does not calculate Seacon Shipping Group Holdings's interest coverage with the available data. 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.


Seacon Shipping Group Holdings Interest Expense Historical Data

The historical data trend for Seacon Shipping Group 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.

Seacon Shipping Group Holdings Interest Expense Chart

Seacon Shipping Group Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
-21.67 -30.33 -26.91 -49.13 -73.33

Seacon Shipping Group Holdings Quarterly Data
Dec19 Dec20 Sep21 Dec21 Jun22 Sep22 Dec22 Jun23 Dec23
Interest Expense Get a 7-Day Free Trial Premium Member Only - -12.27 -13.48 - -

Seacon Shipping Group 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 quarterly data reported by the company within the most recent 12 months, which was HK$-26 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.


Seacon Shipping Group Holdings  (HKSE:02409) 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.

Seacon Shipping Group Holdings's Interest Expense for the three months ended in Jun. 2023 was HK$0 Mil. Its Operating Income for the three months ended in Jun. 2023 was HK$0 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2023 was HK$1,500 Mil.

Seacon Shipping Group Holdings's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

GuruFocus does not calculate Seacon Shipping Group Holdings's interest coverage with the available data.

* 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.


Seacon Shipping Group Holdings (HKSE:02409) Business Description

Traded in Other Exchanges
N/A
Address
No. 20 Zhuzhou Road, Rooms 01 and 04, 23rd Floor, Block B, Building 3, Laoshan District, Shandong Province, Qingdao, CHN
Seacon Shipping Group Holdings Ltd is an integrated shipping services provider. The company's comprehensive solutions include, 1) shipping services and 2) ship management services, covering each process along the value chain of the maritime shipping industry.
Executives
Tricor Equity Trustee Limited 2301 Trustee
Shining Friends Limited 2201 Interest of corporation controlled by you
Oceanic Flame Limited 2201 Interest of corporation controlled by you
Guo Jinkui 2501 Other
Li Xuyue 2202 Interest of your spouse
Jin Qiu Holding Ltd. 2101 Beneficial owner
Chen Meimei 2202 Interest of your spouse
Kaimei Holding Ltd. 2101 Beneficial owner
Jovial Alliance Limited 2101 Beneficial owner
Chen Zekai 2501 Other

Seacon Shipping Group Holdings (HKSE:02409) Headlines

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