Wealth Glory Holdings (HKSE:08269) Interest Expense : HK$-0.37 Mil (TTM As of Sep. 2023)

View and export this data going back to 2010. Start your Free Trial

What is Wealth Glory Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Wealth Glory Holdings's interest expense for the three months ended in Sep. 2023 was HK$ -0.10 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was HK$-0.37 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. Wealth Glory Holdings's Operating Income for the three months ended in Sep. 2023 was HK$ -3.08 Mil. Wealth Glory Holdings's Interest Expense for the three months ended in Sep. 2023 was HK$ -0.10 Mil. Wealth Glory Holdings 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.

Wealth Glory Holdings Interest Expense Historical Data

The historical data trend for Wealth Glory 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.

Wealth Glory Holdings Interest Expense Chart

Wealth Glory Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Interest Expense

Get a 7-Day Free Trial

-1.30

-0.84

-0.64

-0.31

-0.27

Wealth Glory Holdings Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Interest Expense	Get a 7-Day Free Trial															-0.10	-0.12	-0.05	-0.10	-0.10

Wealth Glory 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 quarterly data reported by the company within the most recent 12 months, which was HK$-0.37 Mil.

Wealth Glory Holdings (HKSE:08269) 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.

Wealth Glory Holdings's Interest Expense for the three months ended in Sep. 2023 was HK$-0.10 Mil. Its Operating Income for the three months ended in Sep. 2023 was HK$-3.08 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was HK$6.47 Mil.

Wealth Glory Holdings's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Wealth Glory Holdings did not have earnings to cover the interest expense.

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

Wealth Glory Holdings (HKSE:08269) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Wealth Glory Holdings Ltd (HKSE:08269) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

70 Queen’s Road Central, Room 1104, Crawford House, Central, Hong Kong, HKG, +852 2548-1838

Website

http://www.wealthglory.com

Wealth Glory Holdings Ltd is engaged in the trading of natural resources and commodities. The company operates through four segments. The Natural resources and commodities segment is involved in the trading of natural resources and commodities, including iron ore concentrates, coal, and crude palm oil. The Money lending segment includes interest income from the money lending business. The Securities investment segment is involved in the investment in securities in Hong Kong. The Trading of Consumer Products segment is involved in the trading of trendy fashion merchandise and other consumer products. Its geographical segments are Hong Kong and China, of which the majority of its revenue comes from China. In the company's Securities Investment segment company is focuses on listed securities.

Executives

Shan Zumao

2202 Interest of your spouse

Wealth Glory Holdings (HKSE:08269) Headlines

No Headlines