Guangdong Investment (Guangdong Investment) Interest Expense : $-165 Mil (TTM As of Dec. 2023)

View and export this data going back to 2008. Start your Free Trial

What is Guangdong Investment Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Guangdong Investment's interest expense for the six months ended in Dec. 2023 was $ -90 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-165 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. Guangdong Investment's Operating Income for the six months ended in Dec. 2023 was $ 141 Mil. Guangdong Investment's Interest Expense for the six months ended in Dec. 2023 was $ -90 Mil. Guangdong Investment's Interest Coverage for the quarter that ended in Dec. 2023 was 1.57. 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.

Guangdong Investment Interest Expense Historical Data

The historical data trend for Guangdong Investment'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.

Guangdong Investment Interest Expense Chart

Guangdong Investment Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-37.12

-37.65

-69.72

-110.52

-165.09

Guangdong Investment 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															-40.91	-45.42	-64.73	-74.85	-90.02

Guangdong Investment 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 $-165 Mil.

Guangdong Investment (OTCPK:GGDVY) 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.

Guangdong Investment's Interest Expense for the six months ended in Dec. 2023 was $-90 Mil. Its Operating Income for the six months ended in Dec. 2023 was $141 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was $3,551 Mil.

Guangdong Investment'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	*	141.123	/	-90.015
	=	1.57

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

Guangdong Investment (Guangdong Investment) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Guangdong Investment Ltd (OTCPK:GGDVY) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

GGDVF:USA 00270:Hong Kong GUG:Germany

Address

148 Connaught Road Central, 28th and 29th Floors, Guangdong Investment Tower, Hong Kong, HKG

Website

https://www.gdi.com.hk

Guangdong Investment Ltd is engaged in investment holding, water resources, property investment and development, department store operation, hotel ownership, operation and management, investment in energy projects, road, and bridge operation. Its segments include water resources, property investment and development, department store operation, electric power generation, hotel operation and management, road and bridge segment, and others segment. The company derives most of the revenue from the water resources segment that engages in water distribution, sewage treatment, and construction of water supply and sewage treatment infrastructure for customers in Mainland China and Hong Kong.

Guangdong Investment (Guangdong Investment) Headlines

From GuruFocus

Guangdong Investment Ltd (GGDVF): A Deep Dive into Its Dividend Performance and Sustainability

By GuruFocus Research • 10-06-2023

Bernard Horn Comments on Guangdong Investment

By Vera Yuan Vera Yuan • 08-07-2014

Bernard Horn Comments on Guangdong Investment Ltd.

By Holly LaFon • 10-14-2015