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Rykadan Capital (HKSE:02288) Interest Expense : HK$-15.50 Mil (TTM As of Sep. 2023)


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What is Rykadan Capital Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Rykadan Capital's interest expense for the six months ended in Sep. 2023 was HK$ -8.03 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was HK$-15.50 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. Rykadan Capital's Operating Income for the six months ended in Sep. 2023 was HK$ -26.92 Mil. Rykadan Capital's Interest Expense for the six months ended in Sep. 2023 was HK$ -8.03 Mil. Rykadan Capital 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.


Rykadan Capital Interest Expense Historical Data

The historical data trend for Rykadan Capital'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.

Rykadan Capital Interest Expense Chart

Rykadan Capital Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -23.56 -13.52 -6.46 -5.33 -12.74

Rykadan Capital Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.02 -3.30 -5.28 -7.47 -8.03

Rykadan Capital 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$-15.50 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.


Rykadan Capital  (HKSE:02288) 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.

Rykadan Capital's Interest Expense for the six months ended in Sep. 2023 was HK$-8.03 Mil. Its Operating Income for the six months ended in Sep. 2023 was HK$-26.92 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2023 was HK$84.55 Mil.

Rykadan Capital's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Rykadan Capital 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.


Rykadan Capital (HKSE:02288) Business Description

Traded in Other Exchanges
N/A
Address
135 Hoi Bun Road, Rooms 2701 and 2801, Rykadan Capital Tower, Kwun Tong, Kowloon, Hong Kong, HKG
Rykadan Capital Ltd is an investment holding company. Its businesses are Property development, Property investment, Asset investment and fund management, and Distribution of construction and interior decorative materials. The key revenue is derived from the Property development segment which comprises repositioning and value enhancement of property with a focus on development projects in prime locations in Hong Kong, the United Kingdom, and the United States. Geographically, it derives a majority of revenue from the United Kingdom.
Executives
Chan William 2201 Interest of corporation controlled by you
Rykadan Holdings Limited 2201 Interest of corporation controlled by you
Scenemay Holdings Limited 2101 Beneficial owner
Tiger Crown Limited 2401 A concert party to an agreement to buy shares
Li Wing Yin 2201 Interest of corporation controlled by you
Li Chu Kwan 2201 Interest of corporation controlled by you
Ng Tak Kwan

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