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A-Living Smart City Services Co (HKSE:03319) Interest Expense : HK$-22 Mil (TTM As of Dec. 2023)


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What is A-Living Smart City Services Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. A-Living Smart City Services Co's interest expense for the six months ended in Dec. 2023 was HK$ -9 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-22 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. A-Living Smart City Services Co's Operating Income for the six months ended in Dec. 2023 was HK$ 668 Mil. A-Living Smart City Services Co's Interest Expense for the six months ended in Dec. 2023 was HK$ -9 Mil. A-Living Smart City Services Co's Interest Coverage for the quarter that ended in Dec. 2023 was 71.56. 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.


A-Living Smart City Services Co Interest Expense Historical Data

The historical data trend for A-Living Smart City Services 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.

* Premium members only.

A-Living Smart City Services Co Interest Expense Chart

A-Living Smart City Services Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -18.19 -47.84 -30.48 -20.73 -22.02

A-Living Smart City Services Co Semi-Annual Data
Dec14 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 Premium Member Only -15.64 -11.18 -10.08 -12.68 -9.34

A-Living Smart City Services 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$-22 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.


A-Living Smart City Services Co  (HKSE:03319) 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.

A-Living Smart City Services Co's Interest Expense for the six months ended in Dec. 2023 was HK$-9 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$668 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$172 Mil.

A-Living Smart City Services 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*668.054/-9.335
=71.56

* 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. A-Living Smart City Services Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.


A-Living Smart City Services Co (HKSE:03319) Business Description

Traded in Other Exchanges
Address
26 Huaxia Road, 35th Floor, Agile Centre, Zhujiang New Town, Tianhe District, Guangdong Province, Guangzhou, CHN, 510623
A-Living Smart City Services, or A-Living, is one of Hong Kong's first listed property management companies. It was spun off from parent Agile Property Holdings in 2018, with Agile retaining 54%. A-Living generates revenue from providing property management services with a focus on mid-to-high-end properties, as well as value-added services to property owners and nonproperty owners. A-Living operates in over 27 cities and regions across China, with a geographical focus in Guangdong province. Prior to listing, A-Living acquired Greenland Property Services in 2017, which accounted for significant goodwill on the balance sheet. Post listing, the company also announced the major acquisition of CMIG PM.

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