GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » China Tobacco International (HK) Co Ltd (HKSE:06055) » Definitions » Interest Expense

China Tobacco International (HK) Co (HKSE:06055) Interest Expense : HK$-155 Mil (TTM As of Dec. 2023)


View and export this data going back to 2019. Start your Free Trial

What is China Tobacco International (HK) Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. China Tobacco International (HK) Co's interest expense for the six months ended in Dec. 2023 was HK$ -90 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-155 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. China Tobacco International (HK) Co's Operating Income for the six months ended in Dec. 2023 was HK$ 267 Mil. China Tobacco International (HK) Co's Interest Expense for the six months ended in Dec. 2023 was HK$ -90 Mil. China Tobacco International (HK) Co's Interest Coverage for the quarter that ended in Dec. 2023 was 2.95. 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.


China Tobacco International (HK) Co Interest Expense Historical Data

The historical data trend for China Tobacco International (HK) 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.

China Tobacco International (HK) Co Interest Expense Chart

China Tobacco International (HK) Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -0.56 -1.51 -25.59 -79.81 -154.76

China Tobacco International (HK) Co Semi-Annual Data
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 -19.15 -28.13 -51.69 -64.26 -90.49

China Tobacco International (HK) 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$-155 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.


China Tobacco International (HK) Co  (HKSE:06055) 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.

China Tobacco International (HK) Co's Interest Expense for the six months ended in Dec. 2023 was HK$-90 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$267 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$1 Mil.

China Tobacco International (HK) Co'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*266.971/-90.492
=2.95

* 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.


China Tobacco International (HK) Co (HKSE:06055) Business Description

Traded in Other Exchanges
N/A
Address
18 Hung Leun Road, China Life Center, Room 1002, 10th Floor, Tower A, One Harbour Gate, Hung Hom, Kowloon, Hong Kong, HKG
China Tobacco International (HK) Co Ltd is engaged in the tobacco business. It operates through the following segments: Tobacco Leaf Products Export Business, the Tobacco Leaf Product Import Business, the Cigarettes Export Business, and New Tobacco Product Export Business. The company's geographical segments are China (excluding the SARs), Indonesia, Hong Kong, Philippines, Vietnam, Singapore, Thailand, and others.

China Tobacco International (HK) Co (HKSE:06055) Headlines

No Headlines