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Hevol Services Group Co (HKSE:06093) Interest Expense : HK$-2 Mil (TTM As of Dec. 2023)


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What is Hevol Services Group Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Hevol Services Group Co's interest expense for the six months ended in Dec. 2023 was HK$ -1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-2 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. Hevol Services Group Co's Operating Income for the six months ended in Dec. 2023 was HK$ 27 Mil. Hevol Services Group Co's Interest Expense for the six months ended in Dec. 2023 was HK$ -1 Mil. Hevol Services Group Co's Interest Coverage for the quarter that ended in Dec. 2023 was 21.48. 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.


Hevol Services Group Co Interest Expense Historical Data

The historical data trend for Hevol Services Group 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.

Hevol Services Group Co Interest Expense Chart

Hevol Services Group Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -0.17 -0.22 -0.57 -0.52 -1.51

Hevol Services Group 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 -0.50 -0.32 -0.21 -0.25 -1.26

Hevol Services Group 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$-2 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.


Hevol Services Group Co  (HKSE:06093) 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.

Hevol Services Group Co's Interest Expense for the six months ended in Dec. 2023 was HK$-1 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$27 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$48 Mil.

Hevol Services Group 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*27.043/-1.259
=21.48

* 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Hevol Services Group Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.


Hevol Services Group Co (HKSE:06093) Business Description

Traded in Other Exchanges
N/A
Address
No. 18A Zhongguancun South Street, 16th Floor, Block D, Newlogo International Building, Haidian District, Beijing, CHN, 100081
Hevol Services Group Co Ltd is engaged in the provision of property management services and related value-added services in the PRC. The firm's operating segments are Property management services, Community value-added services, and Value-added services to non-property owners. The company generates a majority of its revenue from the Property management segment. Geographically, it generates revenue from the People's Republic of China. The company's projects are Sanya Hehong Holiday Sunshine, Chongqing Hehong Wenhua Mansion, and Changsha Hehong Taoli Chunfeng among others.
Executives
Brilliant Brother Group Limited 2101 Beneficial owner
Liu Hong 2202 Interest of your spouse
Liu Jiang 2201 Interest of corporation controlled by you

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