Tongcheng Travel Holdings (HKSE:00780) Interest Expense : HK$-161 Mil (TTM As of Dec. 2023)

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What is Tongcheng Travel Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Tongcheng Travel Holdings's interest expense for the three months ended in Dec. 2023 was HK$ -31 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-161 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. Tongcheng Travel Holdings's Operating Income for the three months ended in Dec. 2023 was HK$ 484 Mil. Tongcheng Travel Holdings's Interest Expense for the three months ended in Dec. 2023 was HK$ -31 Mil. Tongcheng Travel Holdings's Interest Coverage for the quarter that ended in Dec. 2023 was 15.79. 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.

Tongcheng Travel Holdings Interest Expense Historical Data

The historical data trend for Tongcheng Travel 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.

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Tongcheng Travel Holdings Interest Expense Chart

Tongcheng Travel Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-11.34

-17.35

-21.65

-130.47

-156.87

Tongcheng Travel Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-50.33	-45.76	-43.54	-41.53	-30.65

Tongcheng Travel 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was HK$-161 Mil.

Tongcheng Travel Holdings (HKSE:00780) 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.

Tongcheng Travel Holdings's Interest Expense for the three months ended in Dec. 2023 was HK$-31 Mil. Its Operating Income for the three months ended in Dec. 2023 was HK$484 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was HK$472 Mil.

Tongcheng Travel Holdings'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	*	484.149	/	-30.653
	=	15.79

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

Tongcheng Travel Holdings (HKSE:00780) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Tongcheng Travel Holdings Ltd (HKSE:00780) » Definitions » Interest Expense

Comparable Companies

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TEM:Germany

Address

No. 188, Yuxin Road, Tongcheng Mansion, Suzhou Industrial Park, Jiangsu, CHN

Website

https://www.tongchengir.com

Tongcheng Travel is an online travel agency platform that provides booking services for hotel and ticketing in China. It generated 88% of its revenue from accommodation reservations and transportation ticketing in the third quarter of 2022. The rest came from advertising and in-house software sales. The platform provides both online and offline services in the form of call centers. Tongcheng Travel was formed from the merger of Tongcheng Network and eLong in 2018. It is currently 21.38% owned by Tencent and 20.86% by Trip.com. Tongcheng targets lower-tier cities and as of 2021, 86.7% of its users are from non-first-tier cities in China and 61.7% of new paying users on Weixin were from Tier 3 or below cities in China. The company competes with Trip.com, Alibaba's Fliggy, and Meituan.

Executives

Tencent Holdings Limited
Trip.com Group Limited
Brown Brothers Harriman & Co.	2502 Approved lending agent
T. Rowe Price Associates, Inc. And Its Affiliates	2101 Beneficial owner
Ctrip.com International, Ltd.
C-travel International Limited
Tch Sapphire Limited
Image Frame Investment (hk) Limited	2101 Beneficial owner
Ctrip.com (hong Kong) Limited	2101 Beneficial owner

Tongcheng Travel Holdings (HKSE:00780) Headlines

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