Y T Realty Group (Y T Realty Group) Interest Expense : $-33.4 Mil (TTM As of Dec. 2023)

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What is Y T Realty Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Y T Realty Group's interest expense for the six months ended in Dec. 2023 was $ -18.4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-33.4 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. Y T Realty Group's Operating Income for the six months ended in Dec. 2023 was $ 35.1 Mil. Y T Realty Group's Interest Expense for the six months ended in Dec. 2023 was $ -18.4 Mil. Y T Realty Group's Interest Coverage for the quarter that ended in Dec. 2023 was 1.91. 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.

Y T Realty Group Interest Expense Historical Data

The historical data trend for Y T Realty Group'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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Y T Realty Group Interest Expense Chart

Y T Realty Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-0.01

-10.84

-22.81

-52.27

-33.44

Y T Realty Group 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															-14.01	-17.07	-35.06	-15.01	-18.39

Y T Realty Group 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 $-33.4 Mil.

Y T Realty Group (OTCPK:YTRGF) 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.

Y T Realty Group's Interest Expense for the six months ended in Dec. 2023 was $-18.4 Mil. Its Operating Income for the six months ended in Dec. 2023 was $35.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was $229.2 Mil.

Y T Realty Group'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	*	35.072	/	-18.386
	=	1.91

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. Y T Realty Group Ltd interest coverage is 1.21, which is low.

Y T Realty Group (Y T Realty Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Y T Realty Group Ltd (OTCPK:YTRGF) » Definitions » Interest Expense

Traded in Other Exchanges

00075:Hong Kong

Address

26 Harbour Road, 25th Floor, China Resources Building, Wanchai, Hong Kong, HKG

Website

https://www.ytrealtygroup.com.hk

Y T Realty Group Ltd is a property investment company. The group is organized into four business segments - The property investment segment invests in properties for rental income and potential capital appreciation. The property development and trading segment comprises the development and trading of properties. The treasury management segment which invests in debt securities and time deposits for earning interest income, and The property management and related services segment. The company carries out its operations in Hong Kong, Mainland China and the United Kingdom out of which the Mainland China contributes the vast majority of revenue.

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