CNT Group (HKSE:00701) Interest Expense : HK$-12.6 Mil (TTM As of Dec. 2023)

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What is CNT Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. CNT Group's interest expense for the six months ended in Dec. 2023 was HK$ -6.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-12.6 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. CNT Group's Operating Income for the six months ended in Dec. 2023 was HK$ 13.2 Mil. CNT Group's Interest Expense for the six months ended in Dec. 2023 was HK$ -6.1 Mil. CNT Group's Interest Coverage for the quarter that ended in Dec. 2023 was 2.17. 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.

CNT Group Interest Expense Historical Data

The historical data trend for CNT 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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CNT Group Interest Expense Chart

CNT Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-9.28

-6.72

-5.69

-8.27

-12.56

CNT Group 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															-2.88	-3.01	-5.27	-6.51	-6.05

CNT 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$-12.6 Mil.

CNT Group (HKSE:00701) 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.

CNT Group's Interest Expense for the six months ended in Dec. 2023 was HK$-6.1 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$13.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$3.9 Mil.

CNT 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	*	13.162	/	-6.053
	=	2.17

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

CNT Group (HKSE:00701) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » CNT Group Ltd (HKSE:00701) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

338 Hennessy Road, 28th Floor, Unit E, CNT Tower, Wanchai, Hong Kong, HKG

Website

https://www.cntgroup.com.hk

CNT Group Ltd is principally engaged in the manufacture and sale of paint products, property investment, iron and steel trading, and investment holding activities. The company operates through the business segments are, The Paint products segment engages in the manufacture and sale of paint products. The Property investment segment comprises the investment in residential, commercial and industrial premises for their rental income potential and development and sale of properties. The Iron and steel trading segment comprises the trading of iron and steel products and related investments. The Hotel business segment, and the other segment comprises, principally, investment holding and securities trading. Majority of the company's revenue comes from the Paint products segment in Mainland China.

Executives

Prime Surplus Limited	2101 Beneficial owner
Ho Mei Po, Mabel	2202 Interest of your spouse
Tsui Ho Chuen, Philip	2201 Interest of corporation controlled by you
Polygold Holdings Limited	2201 Interest of corporation controlled by you
Rapid Growth Ltd.	2301 Trustee
Xie Jian Ming	2201 Interest of corporation controlled by you

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