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Goldin Financial Holdings (HKSE:00530) Interest Expense : HK$-548.2 Mil (TTM As of Jun. 2021)


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What is Goldin Financial Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Goldin Financial Holdings's interest expense for the six months ended in Jun. 2021 was HK$ -201.9 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2021 was HK$-548.2 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. Goldin Financial Holdings's Operating Income for the six months ended in Jun. 2021 was HK$ -2.2 Mil. Goldin Financial Holdings's Interest Expense for the six months ended in Jun. 2021 was HK$ -201.9 Mil. Goldin Financial Holdings did not have earnings to cover the interest expense. 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.


Goldin Financial Holdings Interest Expense Historical Data

The historical data trend for Goldin Financial Holdings'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.

Goldin Financial Holdings Interest Expense Chart

Goldin Financial Holdings Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -71.72 -124.25 -594.71 -1,027.45 -548.17

Goldin Financial Holdings Semi-Annual Data
Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21
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 -346.24 -377.34 -650.11 -346.24 -201.93

Goldin Financial Holdings 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 Jun. 2021 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-548.2 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.


Goldin Financial Holdings  (HKSE:00530) 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.

Goldin Financial Holdings's Interest Expense for the six months ended in Jun. 2021 was HK$-201.9 Mil. Its Operating Income for the six months ended in Jun. 2021 was HK$-2.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2021 was HK$4.9 Mil.

Goldin Financial Holdings's Interest Coverage for the quarter that ended in Jun. 2021 is calculated as

Goldin Financial Holdings did not have earnings to cover the interest expense.

* 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.


Goldin Financial Holdings (HKSE:00530) Business Description

Traded in Other Exchanges
N/A
Address
17 Kai Cheung Road, 25th Floor, Goldin Financial Global Centre, Kowloon Bay, Hong Kong, HKG
Goldin Financial Holdings Ltd is an investment holding company. The company's operating segment includes Property; Winery and wine related; Factoring and Financial investments. It generates maximum revenue from the Property segment. The Property segment engages in property development and investment. Its Factoring segment engages in the provision of factoring services. The Winery and wine related segment engage in the trading of wines, wine storage, and the operation of vineyards and restaurants. Its Financial investments segment engages in securities and derivative investment and trading and investment in financial instruments. Geographically, it derives a majority of revenue from Hong Kong.
Executives
Industrial And Commercial Bank Of China (macau) Limited 2106 Person having a security interest in shares
Nyh Limited 2106 Person having a security interest in shares
Sea Fortune Ventures Limited 2106 Person having a security interest in shares
Vast Gold Holdings Limited 2106 Person having a security interest in shares
Lu Wing Chi 2106 Person having a security interest in shares
Pan Sutong 2101 Beneficial owner
Goldin Global Holdings Limited 2101 Beneficial owner

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