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E-Commodities Holdings (HKSE:01733) Interest Expense : HK$-102 Mil (TTM As of Dec. 2023)


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What is E-Commodities Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. E-Commodities Holdings's interest expense for the six months ended in Dec. 2023 was HK$ -63 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-102 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. E-Commodities Holdings's Operating Income for the six months ended in Dec. 2023 was HK$ 1,675 Mil. E-Commodities Holdings's Interest Expense for the six months ended in Dec. 2023 was HK$ -63 Mil. E-Commodities Holdings's Interest Coverage for the quarter that ended in Dec. 2023 was 26.48. 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.


E-Commodities Holdings Interest Expense Historical Data

The historical data trend for E-Commodities 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.

E-Commodities Holdings Interest Expense Chart

E-Commodities 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 -194.05 -174.73 -126.36 -103.19 -101.80

E-Commodities 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 -70.07 -51.05 -52.14 -38.55 -63.25

E-Commodities 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$-102 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.


E-Commodities Holdings  (HKSE:01733) 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.

E-Commodities Holdings's Interest Expense for the six months ended in Dec. 2023 was HK$-63 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$1,675 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$506 Mil.

E-Commodities 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*1674.676/-63.247
=26.48

* 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.


E-Commodities Holdings (HKSE:01733) Business Description

Traded in Other Exchanges
Address
Room 706, Tower B, Tianrun Fortune Center, No. 58, Dongzongbu Hutong, Dongcheng District, Beijing, CHN, 100005
E-Commodities Holdings Ltd is a company principally engaged in the processing and trading of coking coal and other products and rendering of logistics services. The group has two business divisions. The processing and trading of coking coal and other products segment manages and operates coal processing plants and generates income from processing and trading of coking coal and other products to external customers. Rendering of integrated supply chain services segment constructs, manages and operates processing factories and logistics parks and generates income from rendering of warehousing. Majority of the firm's revenue comes from the processing and trading of coking coal and other products segment.
Executives
Bai Jianping 2201 Interest of corporation controlled by you
Famous Speech Limited 2401 A concert party to an agreement to buy shares
Wang Xingchun 2501 Other
Wang Yihan 2501 Other
Winsway Resources Holdings Limited 2401 A concert party to an agreement to buy shares
China Minmetals Corporation 2501 Other
China Minmetals Corporation Limited 2501 Other
China Minmetals H.k. (holdings) Ltd. 2201 Interest of corporation controlled by you
Magnificent Gardenia Limited 2401 A concert party to an agreement to buy shares
Minmetals International Trading Co., Pte. Ltd 2201 Interest of corporation controlled by you
Minmetals South-east Asia Corp. Pte. Ltd 2201 Interest of corporation controlled by you

E-Commodities Holdings (HKSE:01733) Headlines

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