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Elate Holdings (HKSE:00076) Interest Expense : HK$-0 Mil (TTM As of Dec. 2024)


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What is Elate Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Elate Holdings's interest expense for the six months ended in Dec. 2024 was HK$ -0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was HK$-0 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. Elate Holdings's Operating Income for the six months ended in Dec. 2024 was HK$ 14 Mil. Elate Holdings's Interest Expense for the six months ended in Dec. 2024 was HK$ -0 Mil. Elate Holdings's Interest Coverage for the quarter that ended in Dec. 2024 was 196.89. 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.


Elate Holdings Interest Expense Historical Data

The historical data trend for Elate 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.

Elate Holdings Interest Expense Chart

Elate Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.45 -0.27 -0.32 -0.25 -0.15

Elate Holdings Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 -0.16 -0.14 -0.11 -0.08 -0.07

Elate 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-0 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.


Elate Holdings  (HKSE:00076) 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.

Elate Holdings's Interest Expense for the six months ended in Dec. 2024 was HK$-0 Mil. Its Operating Income for the six months ended in Dec. 2024 was HK$14 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was HK$1 Mil.

Elate Holdings's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*13.782/-0.07
=196.89

* 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Elate Holdings Ltd has enough cash to cover all of its debt. Its financial situation is stable.


Elate Holdings Business Description

Traded in Other Exchanges
N/A
Address
13-14 Connaught Road Central and 21-23 Des Voeux Road Central, Unit 1002, 10th Floor, Euro Trade Centre, Hong Kong, HKG
Elate Holdings Ltd is an investment holding company. The company's operating segments include the Manufacture and sales of graphite products; the Manufacture and sales of electronic products; and design and manufacturing in the United Kingdom. The company derives the majority of its revenue from the Manufacture and sales of electronic products that are engaged in the business of manufacturing and sales of electronic products within the United Kingdom.

Elate Holdings Headlines

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