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Computer And Technologies Holdings (HKSE:00046) Interest Expense : HK$-0.5 Mil (TTM As of Dec. 2023)


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What is Computer And Technologies Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Computer And Technologies Holdings's interest expense for the six months ended in Dec. 2023 was HK$ -0.3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-0.5 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. Computer And Technologies Holdings's Operating Income for the six months ended in Dec. 2023 was HK$ 18.6 Mil. Computer And Technologies Holdings's Interest Expense for the six months ended in Dec. 2023 was HK$ -0.3 Mil. Computer And Technologies Holdings's Interest Coverage for the quarter that ended in Dec. 2023 was 66.88. 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.


Computer And Technologies Holdings Interest Expense Historical Data

The historical data trend for Computer And Technologies 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.

* Premium members only.

Computer And Technologies Holdings Interest Expense Chart

Computer And Technologies Holdings 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 -1.10 -1.16 -0.25 -0.40 -0.47

Computer And Technologies Holdings 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 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 Premium Member Only Premium Member Only Premium Member Only 0.37 -0.20 -0.20 -0.19 -0.28

Computer And Technologies 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 semi-annually data reported by the company within the most recent 12 months, which was HK$-0.5 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.


Computer And Technologies Holdings  (HKSE:00046) 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.

Computer And Technologies Holdings's Interest Expense for the six months ended in Dec. 2023 was HK$-0.3 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$18.6 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$2.9 Mil.

Computer And Technologies 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*18.592/-0.278
=66.88

* 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. Computer And Technologies Holdings Ltd has enough cash to cover all of its debt. Its financial situation is stable.


Computer And Technologies Holdings (HKSE:00046) Business Description

Traded in Other Exchanges
Address
100 Cyberport Road, Level 10, Cyberport 2, Hong Kong, HKG
Computer And Technologies Holdings Ltd provides software products. It operates in three segments, the Application Services segment; the Integration and Solutions services segment; and the investments segment. It generates majority of the revenue from the Application Services segment that engages in the provision of enterprise applications software and e-business services for enterprises including the provision of enterprise applications software with implementation and ongoing support services; and the GETS, cloud services and other related value-added services. Geographical revenue is derived from Hong Kong and other countries.

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