Onewo (HKSE:02602) Interest Expense : HK$-9 Mil (TTM As of Dec. 2023)

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What is Onewo Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Onewo's interest expense for the six months ended in Dec. 2023 was HK$ -5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-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. Onewo's Operating Income for the six months ended in Dec. 2023 was HK$ 1,213 Mil. Onewo's Interest Expense for the six months ended in Dec. 2023 was HK$ -5 Mil. Onewo's Interest Coverage for the quarter that ended in Dec. 2023 was 246.19. 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.

Onewo Interest Expense Historical Data

The historical data trend for Onewo'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.

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Onewo Interest Expense Chart

Onewo Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

-6.98

-17.10

-12.50

-12.54

-9.34

Onewo Semi-Annual Data
	Dec19	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial			-	-7.04	-5.83	-4.41	-4.93

Onewo 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$-9 Mil.

Onewo (HKSE:02602) Interest Expense Explanation

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

Onewo's Interest Expense for the six months ended in Dec. 2023 was HK$-5 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$1,213 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$275 Mil.

Onewo'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	*	1212.727	/	-4.926
	=	246.19

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

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Onewo Inc has enough cash to cover all of its debt. Its financial situation is stable.

Onewo (HKSE:02602) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Onewo Inc (HKSE:02602) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 63 Meilin Road, Meilin Vanke Center, Futian District, Shenzhen, CHN

Website

https://www.onewo.com

Onewo Inc is a property management service provider in China. It offers comprehensive property and facility management services to various types of properties, including office spaces, commercial complex, industrial parks, and public premises.

Executives

Wan Ke Qi Ye Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Zhu Baoquan	2201 Interest of corporation controlled by you
Ruida Iv Limited	2201 Interest of corporation controlled by you
Radiant Sunbeam Limited	2101 Beneficial owner
Bumper Harvest Limited	2201 Interest of corporation controlled by you
Boyu Capital General Partner Iii, Ltd	2201 Interest of corporation controlled by you
Boyu Capital Fund Iii, L.p.	2201 Interest of corporation controlled by you
Xyxy Holdings Ltd.	2201 Interest of corporation controlled by you
Boyu Group, Llc	2201 Interest of corporation controlled by you
Boyu Capital Group Holdings Ltd	2201 Interest of corporation controlled by you
Glorious Falcon Investment Limited	2201 Interest of corporation controlled by you
Tong Xiaomeng	2201 Interest of corporation controlled by you
Shen Zhen Shi Yu Ying Tou Zi Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you
Shen Zhen Shi Yu Ying Di Er Shi Yi Tou Zi Guan Li He Huo Qi Ye You Xian He Huo	2201 Interest of corporation controlled by you
Shen Zhen Shi Ying Da Tou Zi Ji Jin Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you

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