Alibaba Pictures Group (HKSE:01060) Interest Expense : HK$-7 Mil (TTM As of Sep. 2023)

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What is Alibaba Pictures Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Alibaba Pictures Group's interest expense for the six months ended in Sep. 2023 was HK$ -3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was HK$-7 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. Alibaba Pictures Group's Operating Income for the six months ended in Sep. 2023 was HK$ 382 Mil. Alibaba Pictures Group's Interest Expense for the six months ended in Sep. 2023 was HK$ -3 Mil. Alibaba Pictures Group's Interest Coverage for the quarter that ended in Sep. 2023 was 140.27. 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.

Alibaba Pictures Group Interest Expense Historical Data

The historical data trend for Alibaba Pictures 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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Alibaba Pictures Group Interest Expense Chart

Alibaba Pictures Group Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Interest Expense

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-22.30

-58.23

-22.36

-15.66

-9.57

Alibaba Pictures Group Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Interest Expense	Get a 7-Day Free Trial															-9.00	-6.46	-4.76	-4.72	-2.72

Alibaba Pictures 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-7 Mil.

Alibaba Pictures Group (HKSE:01060) 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.

Alibaba Pictures Group's Interest Expense for the six months ended in Sep. 2023 was HK$-3 Mil. Its Operating Income for the six months ended in Sep. 2023 was HK$382 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2023 was HK$77 Mil.

Alibaba Pictures Group's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2023 )	/	Interest Expense (Q: Sep. 2023 )
	=	-1	*	381.676	/	-2.721
	=	140.27

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

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Alibaba Pictures Group Ltd has enough cash to cover all of its debt. Its financial situation is stable.

Alibaba Pictures Group (HKSE:01060) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Alibaba Pictures Group Ltd (HKSE:01060) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

CBW:Germany

Address

1 Matheson Street, 26th Floor, Tower One, Times Square, Causeway Bay, Hong Kong, HKG

Website

http://www.alibabapictures.com

Alibaba Pictures Group Ltd a subsidiary of the Alibaba Group, is a diversified media company headquartered in China that operates in the entertainment industry. The company has three business segments: Technology, Content production, and IP merchandising and commercialization. The Technology segment provides Internet-based ticketing services to consumers and offers Internet-based promotion and distribution services to cinemas. The integrated development unit develops, licenses, and merchandises intellectual property. The content production business engages in planning, developing, and producing films and TV drama series. The Content segment generates most of the company's revenue.

Executives

Bian Ximing	2101 Beneficial owner
Ali Cv Investment Holding Limited
Alibaba Group Holding Limited
Alibaba Investment Limited
Yang Minghua	2101 Beneficial owner

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