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HKT Trust and HKT (HKSE:06823) Interest Expense : HK$-2,031 Mil (TTM As of Dec. 2023)


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What is HKT Trust and HKT Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. HKT Trust and HKT's interest expense for the six months ended in Dec. 2023 was HK$ -1,106 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-2,031 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. HKT Trust and HKT's Operating Income for the six months ended in Dec. 2023 was HK$ 4,643 Mil. HKT Trust and HKT's Interest Expense for the six months ended in Dec. 2023 was HK$ -1,106 Mil. HKT Trust and HKT's Interest Coverage for the quarter that ended in Dec. 2023 was 4.20. 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.


HKT Trust and HKT Interest Expense Historical Data

The historical data trend for HKT Trust and HKT'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.

HKT Trust and HKT Interest Expense Chart

HKT Trust and HKT Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,442.00 -1,295.00 -1,179.00 -1,472.00 -2,031.00

HKT Trust and HKT 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -618.00 -627.00 -845.00 -925.00 -1,106.00

HKT Trust and HKT 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$-2,031 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.


HKT Trust and HKT  (HKSE:06823) 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.

HKT Trust and HKT's Interest Expense for the six months ended in Dec. 2023 was HK$-1,106 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$4,643 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$44,497 Mil.

HKT Trust and HKT'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*4643/-1106
=4.20

* 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.


HKT Trust and HKT (HKSE:06823) Business Description

Traded in Other Exchanges
Address
979 King’s Road, Quarry Bay, 39th Floor, PCCW Tower, Taikoo Place, Hong Kong, HKG
HKT Trust and HKT Ltd is a triple-play telecommunications provider that operates through three segments, telecommunications services, mobile, and Other businesses. Telecommunication services are the larger business segment and generates revenue by providing voice services, broadband services, local and international data services, and the sales of equipment. The company's mobile segment generates revenue by selling mobile services and handsets. The Other Businesses segment primarily comprises new business areas such as Tap & Go mobile payment service and The Club program, and corporate support functions. The company owns fiber and mobile infrastructure. HKT Trust generate the vast majority of its revenue in Hong Kong.
Executives
Pccw Limited 2201 Interest of corporation controlled by you
Citigroup Inc. 2502 Approved lending agent

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