China Resources Medical Holdings Co (HKSE:01515) Interest Expense : HK$-126 Mil (TTM As of Dec. 2023)

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What is China Resources Medical Holdings Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. China Resources Medical Holdings Co's interest expense for the six months ended in Dec. 2023 was HK$ -59 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-126 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. China Resources Medical Holdings Co's Operating Income for the six months ended in Dec. 2023 was HK$ 350 Mil. China Resources Medical Holdings Co's Interest Expense for the six months ended in Dec. 2023 was HK$ -59 Mil. China Resources Medical Holdings Co's Interest Coverage for the quarter that ended in Dec. 2023 was 5.96. 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.

China Resources Medical Holdings Co Interest Expense Historical Data

The historical data trend for China Resources Medical Holdings Co'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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China Resources Medical Holdings Co Interest Expense Chart

China Resources Medical Holdings Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-18.29

-20.18

-19.88

-62.43

-125.63

China Resources Medical Holdings Co 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															-12.68	-18.03	-45.25	-66.89	-58.75

China Resources Medical Holdings Co 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 HK$-126 Mil.

China Resources Medical Holdings Co (HKSE:01515) 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.

China Resources Medical Holdings Co's Interest Expense for the six months ended in Dec. 2023 was HK$-59 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$350 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$1,081 Mil.

China Resources Medical Holdings Co'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	*	349.927	/	-58.749
	=	5.96

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

China Resources Medical Holdings Co (HKSE:01515) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » China Resources Medical Holdings Co Ltd (HKSE:01515) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

1PH:Germany

Address

No. 9, Fuyi Street, 14th Floor, Kunlun Center Office Building, Fengtai District, Beijing, CHN, 100069

Website

http://www.crmedical.hk

China Resources Medical Holdings Co Ltd provides a full spectrum of general healthcare services, hospital management services, and also group purchasing organization business and other derived business from hospitals in Mainland China. The group has three operating segments: Self-owned hospitals, IOT/operate-transfer, and Others. The self-owned hospitals segment which generates the majority of revenue is engaged in the provision of out-patient and in-patient services by the consolidated hospitals. IOT/operate-transfer hospitals segment engages in the provision of services to IOT hospitals and OT hospitals. Others segment engages in the provision of services to other kinds of clients.

Executives

Mitsubishi Ufj Financial Group, Inc.

2201 Interest of corporation controlled by you

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