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Virtual Mind Holding Co (HKSE:01520) Interest Expense : HK$-6.32 Mil (TTM As of Dec. 2023)


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What is Virtual Mind Holding Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Virtual Mind Holding Co's interest expense for the six months ended in Dec. 2023 was HK$ -3.06 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-6.32 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. Virtual Mind Holding Co's Operating Income for the six months ended in Dec. 2023 was HK$ -60.55 Mil. Virtual Mind Holding Co's Interest Expense for the six months ended in Dec. 2023 was HK$ -3.06 Mil. Virtual Mind Holding Co did not have earnings to cover the interest expense. 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.


Virtual Mind Holding Co Interest Expense Historical Data

The historical data trend for Virtual Mind Holding 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.

Virtual Mind Holding Co Interest Expense Chart

Virtual Mind Holding 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 -0.88 -0.32 -0.37 -3.99 -6.32

Virtual Mind Holding 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 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 -0.24 -0.37 -3.62 -3.26 -3.06

Virtual Mind Holding 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$-6.32 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.


Virtual Mind Holding Co  (HKSE:01520) 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.

Virtual Mind Holding Co's Interest Expense for the six months ended in Dec. 2023 was HK$-3.06 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$-60.55 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$26.43 Mil.

Virtual Mind Holding Co's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Virtual Mind Holding Co did not have earnings to cover the interest expense.

* 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.


Virtual Mind Holding Co (HKSE:01520) Business Description

Traded in Other Exchanges
N/A
Address
538 Castle Peak Road, Room 2511-15, 25 Floor, Peninsula Tower, Cheung Sha Wan, Kowloon, Hong Kong, HKG
Virtual Mind Holding Co Ltd is engaged in designing, manufacturing, and trading apparel; provision of money lending business, namely money lending operation; selling of gaming and animated characters related products, namely IP application and products operation. It offers women's fashion outerwear such as coats and jackets, dresses, activewear, and pants. Majority of the revenue is generated from the Design, manufacture, and trading of the apparel segment. Geographically, it derives the majority of revenue from The PRC and also has a presence in Hong Kong and The USA.
Executives
Vc International Asset Management Limited 2102 Investment manager
Anli Investment Fund Spc-anli Greater China Opportunity Fund Segregated Portfolio 2101 Beneficial owner
Yu Chunfeng 2101 Beneficial owner
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Wong Kin Ting 2501 Other
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Zeng Ge 2201 Interest of corporation controlled by you
Vc Financial Group Limited 2201 Interest of corporation controlled by you
Value Convergence Holdings Limited 2201 Interest of corporation controlled by you
Anli Holdings Limited 2201 Interest of corporation controlled by you
Anli Asset Management Limited 2102 Investment manager
Baolingbao Biology Co.,ltd. 2201 Interest of corporation controlled by you
Li Shao Yu
Blb International Company Limited 2101 Beneficial owner

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