GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » AB International Group Corp (OTCPK:ABQQ) » Definitions » Interest Expense

AB International Group (AB International Group) Interest Expense : $-0.03 Mil (TTM As of Feb. 2024)


View and export this data going back to 2015. Start your Free Trial

What is AB International Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. AB International Group's interest expense for the three months ended in Feb. 2024 was $ -0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Feb. 2024 was $-0.03 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. AB International Group's Operating Income for the three months ended in Feb. 2024 was $ -0.49 Mil. AB International Group's Interest Expense for the three months ended in Feb. 2024 was $ -0.01 Mil. AB International Group 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.


AB International Group Interest Expense Historical Data

The historical data trend for AB International Group'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.

AB International Group Interest Expense Chart

AB International Group Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -0.26 -0.16 - -0.01

AB International Group Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 - - -0.01 -0.01 -0.01

AB International Group 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 Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.03 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.


AB International Group  (OTCPK:ABQQ) 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.

AB International Group's Interest Expense for the three months ended in Feb. 2024 was $-0.01 Mil. Its Operating Income for the three months ended in Feb. 2024 was $-0.49 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Feb. 2024 was $0.49 Mil.

AB International Group's Interest Coverage for the quarter that ended in Feb. 2024 is calculated as

AB International Group 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.


AB International Group (AB International Group) Business Description

Traded in Other Exchanges
N/A
Address
144 Main Street, Mount Kisco, New York, NY, USA, 10549
AB International Group Corp is an intellectual property (IP) and movie investment and licensing firm, focused on acquisitions and development of various intellectual property, including the acquisition and distribution of movies. It is predominantly engaged in owning or leasing franchises, patents, and copyrights then in turn license others to use. The company is also engaged in other businesses such as providing Video streaming service under the brand name ABQQ.tv, Smartphone patent, NFT movie and music marketplace license business and operating AB movie theatres. The company has two reportable segments, Copyrights and license (IP) segment which generates majority of the revenue and cinema segment.
Executives
Chiyuan Deng director, officer: President 2/F 45 HOLLYWOOD ROAD, HONG KONG K3 999077
Pathikonda Sivakumar Arikeri 10 percent owner #08-245, BLOCK #107, YISHUN KING ROAD, SINGAPORE U0 760107
Lijun Yu 10 percent owner, officer: Chief Marketing Officer 16TH FLOOR, RICH TOWERS, 2 BLENHEIM AVENUE, TSIM SHA TSUI, KOWLOON K3 00000
Linqing Ye director SHOP 518 5/F TM PLAZA, 88 QINGHEZHONGLU, GUANGZHOU F4 511400
Alexander Holtermann director, officer: Chief Executive Officer KRANICHSTEINER STR 21, 60598 FRANKFURT AM MAIN 2M 60598
Jianli Deng 10 percent owner, officer: Secretary and Treasurer 2/F 45 HOLLYWOOD ROAD, HONG KONG K3 999077
Ian Wright officer: Chief Operating Officer BOECKLINSTRASSE 3, FRANKFURT AM MAIN GERMANY, FRANKFURT 2M 60596
Luis Hadic officer: Chief Financial Officer 23717 110B AVE., MAPLE RIDGE A1 V2W 2E2
Ho Ming Chung officer: Chief Technology Officer 23/F ROOM 8 BLOCK A WANG KWONG BLDG., 22 NGAU TAU KOK ROAD, KOWLOON K3 999077

AB International Group (AB International Group) Headlines

From GuruFocus

ABQQ Announced Movie 'Love Over the World' NFT Launch on NFT MMM

By Value_Insider Value_Insider 11-07-2022

AB INTL GROUP Announces June Updates

By PurpleRose PurpleRose 07-14-2022

AB INTL GROUP Announces April Updates

By GuruFocusNews GuruFocusNews 07-08-2022

AB INTL GROUP Announces April Updates

By GuruFocusNews GuruFocusNews 06-28-2022

Ike Rivera Joins ABQQ as General Manager of Cinemas Business

By PurpleRose PurpleRose 08-09-2022