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Carry Wealth Holdings (HKSE:00643) Interest Expense : HK$-10.4 Mil (TTM As of Dec. 2024)


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What is Carry Wealth Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Carry Wealth Holdings's interest expense for the six months ended in Dec. 2024 was HK$ -5.3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was HK$-10.4 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. Carry Wealth Holdings's Operating Income for the six months ended in Dec. 2024 was HK$ -18.1 Mil. Carry Wealth Holdings's Interest Expense for the six months ended in Dec. 2024 was HK$ -5.3 Mil. Carry Wealth 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.


Carry Wealth Holdings Interest Expense Historical Data

The historical data trend for Carry Wealth 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.

Carry Wealth Holdings Interest Expense Chart

Carry Wealth 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 -1.02 -1.81 -4.49 -8.57 -10.40

Carry Wealth 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 -2.77 -3.92 -4.65 -5.13 -5.27

Carry Wealth 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$-10.4 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.


Carry Wealth Holdings  (HKSE:00643) 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.

Carry Wealth Holdings's Interest Expense for the six months ended in Dec. 2024 was HK$-5.3 Mil. Its Operating Income for the six months ended in Dec. 2024 was HK$-18.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was HK$0.0 Mil.

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

Carry Wealth Holdings 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.


Carry Wealth Holdings Business Description

Traded in Other Exchanges
N/A
Address
100 Graville Road, Unit 903, 9th Floor, Harbour Crystal Centre, Tsim Sha Tsui, Kowloon, Hong Kong, HKG
Carry Wealth Holdings Ltd is an investment holding company. It is engaged in the manufacturing and trading of garment products and securities investment. The company operates through the segments of Garment manufacturing and trading segment including the manufacturing of garments for apparel brands and the sale of garment products; and the Securities investment segment consisting of investments in various securities listed on the Hong Kong Stock Exchange. Its product ranges from polo, athletics, cardigan, hoodies, tee, jackets, bottoms, and dresses to layettes. In addition, the company also provides embroidery machines and printing facilities to handle fashionable graphic design on its products. It derives a majority of its revenue from the U.S.
Executives
Mars Worldwide Holdings Limited 2101 Beneficial owner
Ma Xiaoqiu 2201 Interest of corporation controlled by you
Ma Xiao Qiu 2201 Interest of corporation controlled by you
Dragon Peace Limited 2101 Beneficial owner
Li Haifeng 2201 Interest of corporation controlled by you

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