Kangda International Environmental Co (HKSE:06136) Interest Expense : HK$-633 Mil (TTM As of Dec. 2023)

View and export this data going back to 2014. Start your Free Trial

What is Kangda International Environmental Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Kangda International Environmental Co's interest expense for the six months ended in Dec. 2023 was HK$ -313 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-633 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. Kangda International Environmental Co's Operating Income for the six months ended in Dec. 2023 was HK$ 434 Mil. Kangda International Environmental Co's Interest Expense for the six months ended in Dec. 2023 was HK$ -313 Mil. Kangda International Environmental Co's Interest Coverage for the quarter that ended in Dec. 2023 was 1.39. 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.

Kangda International Environmental Co Interest Expense Historical Data

The historical data trend for Kangda International Environmental 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.

Kangda International Environmental Co Interest Expense Chart

Kangda International Environmental Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-620.40

-665.95

-692.67

-632.30

-632.99

Kangda International Environmental Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial															-345.01	-328.51	-319.34	-319.98	-313.01

Kangda International Environmental 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$-633 Mil.

Kangda International Environmental Co (HKSE:06136) 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.

Kangda International Environmental Co's Interest Expense for the six months ended in Dec. 2023 was HK$-313 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$434 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$7,017 Mil.

Kangda International Environmental 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	*	434.491	/	-313.014
	=	1.39

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

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Kangda International Environmental Co Ltd interest coverage is 1.4, which is low.

Kangda International Environmental Co (HKSE:06136) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Kangda International Environmental Co Ltd (HKSE:06136) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 72, Avenue of Stars, High-Tech Park, North New Zone, Chongqing, CHN

Website

http://www.kangdaep.com

Kangda International Environmental Co Ltd provides water and waste treatment, new energy development, and environmental protection equipment. The company has three reportable segments namely Urban Water Treatment, Water Environment Comprehensive Remediation and Rural Water Improvement. It generates maximum revenue from the Urban Water Treatment segment. Geographically, it derives revenue from Mainland China. It serves various sectors of the water industry such as integrated watershed management, sponge cities, reclaimed water, sludge, heat pump, and photovoltaic.

Executives

Bpea Eqt Holdings Ab	2201 Interest of corporation controlled by you
Eqt Ab	2201 Interest of corporation controlled by you
Salata Jean Eric	2201 Interest of corporation controlled by you
Zhao Juanxian (alias, Junxian)	2401 A concert party to an agreement to buy shares
Zhao Sizhen	2201 Interest of corporation controlled by you
Kangda Holdings Company Limited	2101 Beneficial owner
China Water Affairs Group Limited	2201 Interest of corporation controlled by you
Sharp Profit Investments Limited	2101 Beneficial owner
Baring Private Equity Asia Gp V Limited
Baring Private Equity Asia Gp V, L.p.
Baring Private Equity Asia V Holding (5) Limited
The Baring Asia Private Equity Fund V, L.p.

Kangda International Environmental Co (HKSE:06136) Headlines

No Headlines