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Pangaea Connectivity Technology (HKSE:01473) Interest Expense : HK$-32 Mil (TTM As of Sep. 2023)


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What is Pangaea Connectivity Technology Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Pangaea Connectivity Technology's interest expense for the six months ended in Sep. 2023 was HK$ -14 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was HK$-32 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. Pangaea Connectivity Technology's Operating Income for the six months ended in Sep. 2023 was HK$ -5 Mil. Pangaea Connectivity Technology's Interest Expense for the six months ended in Sep. 2023 was HK$ -14 Mil. Pangaea Connectivity Technology 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.


Pangaea Connectivity Technology Interest Expense Historical Data

The historical data trend for Pangaea Connectivity Technology'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.

Pangaea Connectivity Technology Interest Expense Chart

Pangaea Connectivity Technology Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Interest Expense
Get a 7-Day Free Trial -15.40 -13.69 -15.50 -15.03 -27.60

Pangaea Connectivity Technology Semi-Annual Data
Mar18 Mar19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.46 -9.57 -9.61 -17.99 -14.36

Pangaea Connectivity Technology 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$-32 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.


Pangaea Connectivity Technology  (HKSE:01473) 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.

Pangaea Connectivity Technology's Interest Expense for the six months ended in Sep. 2023 was HK$-14 Mil. Its Operating Income for the six months ended in Sep. 2023 was HK$-5 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2023 was HK$6 Mil.

Pangaea Connectivity Technology's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Pangaea Connectivity Technology 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.


Pangaea Connectivity Technology (HKSE:01473) Business Description

Traded in Other Exchanges
N/A
Address
181 Johnston Road, Rooms 902-6, 9th Floor, Tai Yau Building, Wanchai, Hong Kong, HKG
Pangaea Connectivity Technology Ltd is involved in the telecom and datacom connectivity industry. It offers connectivity products covering wireless microwave networks, optical networks from access to metro to regional and long haul, and data center and commercial networks for cellular, fixed, personal and private usage. The company is principally engaged in import and export of connectivity products which are used in telecom and datacom connectivity industry. The company also offers a broad portfolio of WiFi and IoT products.

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