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Tokyo Chuo Auction Holdings (HKSE:01939) Interest Expense : HK$-0.70 Mil (TTM As of Sep. 2023)


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What is Tokyo Chuo Auction Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Tokyo Chuo Auction Holdings's interest expense for the six months ended in Sep. 2023 was HK$ -0.24 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was HK$-0.70 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. Tokyo Chuo Auction Holdings's Operating Income for the six months ended in Sep. 2023 was HK$ 2.22 Mil. Tokyo Chuo Auction Holdings's Interest Expense for the six months ended in Sep. 2023 was HK$ -0.24 Mil. Tokyo Chuo Auction Holdings's Interest Coverage for the quarter that ended in Sep. 2023 was 9.13. 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.


Tokyo Chuo Auction Holdings Interest Expense Historical Data

The historical data trend for Tokyo Chuo Auction 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.

Tokyo Chuo Auction Holdings Interest Expense Chart

Tokyo Chuo Auction Holdings Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Interest Expense
Get a 7-Day Free Trial -0.27 -1.45 -1.29 -1.62 -1.04

Tokyo Chuo Auction Holdings Semi-Annual Data
Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 -0.84 -0.78 -0.58 -0.46 -0.24

Tokyo Chuo Auction 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-0.70 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.


Tokyo Chuo Auction Holdings  (HKSE:01939) 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.

Tokyo Chuo Auction Holdings's Interest Expense for the six months ended in Sep. 2023 was HK$-0.24 Mil. Its Operating Income for the six months ended in Sep. 2023 was HK$2.22 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2023 was HK$28.78 Mil.

Tokyo Chuo Auction Holdings's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2023 )/Interest Expense (Q: Sep. 2023 )
=-1*2.219/-0.243
=9.13

* 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.


Tokyo Chuo Auction Holdings (HKSE:01939) Business Description

Traded in Other Exchanges
N/A
Address
3-7-5 Kyobashi, Chou-Ku, 2nd and 3rd Floor, Kyobashi Square, Tokyo, JPN, 104-0031
Tokyo Chuo Auction Holdings Ltd is an investment holding company. The company's operating segment includes the Operation of art auction and related business and Artwork sales. The company is in auctioneering a wide variety of artworks with emphasis on Chinese and Japanese artworks, including Chinese paintings and calligraphies, Chinese antiques and Japanese and Chinese teawares. It generates maximum revenue from the Operation of art auction and related business and Artwork sales segment. Geographically, it derives a majority of revenue from Japan.
Executives
Ando Eri 2202 Interest of your spouse
Ando Shokei 2101 Beneficial owner

Tokyo Chuo Auction Holdings (HKSE:01939) Headlines

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