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Ever Sunshine Services Group (HKSE:01995) Interest Expense : HK$-6 Mil (TTM As of Dec. 2023)


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What is Ever Sunshine Services Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ever Sunshine Services Group's interest expense for the six months ended in Dec. 2023 was HK$ -3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-6 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. Ever Sunshine Services Group's Operating Income for the six months ended in Dec. 2023 was HK$ 353 Mil. Ever Sunshine Services Group's Interest Expense for the six months ended in Dec. 2023 was HK$ -3 Mil. Ever Sunshine Services Group's Interest Coverage for the quarter that ended in Dec. 2023 was 132.84. 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.


Ever Sunshine Services Group Interest Expense Historical Data

The historical data trend for Ever Sunshine Services 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.

* Premium members only.

Ever Sunshine Services Group Interest Expense Chart

Ever Sunshine Services Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only -1.48 -1.78 -4.27 -4.48 -6.42

Ever Sunshine Services Group Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 -2.38 -2.24 -2.35 -3.76 -2.66

Ever Sunshine Services 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-6 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.


Ever Sunshine Services Group  (HKSE:01995) 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.

Ever Sunshine Services Group's Interest Expense for the six months ended in Dec. 2023 was HK$-3 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$353 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$13 Mil.

Ever Sunshine Services Group'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*352.834/-2.656
=132.84

* 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.

Good Sign:

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


Ever Sunshine Services Group (HKSE:01995) Business Description

Traded in Other Exchanges
N/A
Address
Lane 1088, Shenhong Road, 6th Floor, Building 5, Henderson CIFI Center, Minhang District, Shanghai, CHN
CIFI Ever Sunshine Services Group Ltd is a property management service provider in China. The company's property portfolio includes residential and non-residential properties such as offices, shopping malls, schools, and government buildings. The firm operates in three business lines, namely, property management services, community value-added services, and value-added services to non-property owners. It provides its property management services in China from where it generates the maximum revenue.

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