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Pangaea Connectivity Technology (HKSE:01473) Interest Expense : HK$-31 Mil (TTM As of Sep. 2024)


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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. 2024 was HK$ -15 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was HK$-31 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. 2024 was HK$ 29 Mil. Pangaea Connectivity Technology's Interest Expense for the six months ended in Sep. 2024 was HK$ -15 Mil. Pangaea Connectivity Technology's Interest Coverage for the quarter that ended in Sep. 2024 was 1.89. 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.

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 Mar24 Mar25
Interest Expense
Get a 7-Day Free Trial -15.50 -15.03 -27.60 -28.59 -30.98

Pangaea Connectivity Technology Semi-Annual Data
Mar18 Mar19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -17.99 -14.36 -14.23 -15.20 -15.78

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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-31 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. 2024 was HK$-15 Mil. Its Operating Income for the six months ended in Sep. 2024 was HK$29 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2024 was HK$5 Mil.

Pangaea Connectivity Technology's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*28.687/-15.202
=1.89

* 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.

Pangaea Connectivity Technology Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Pangaea Connectivity Technology Ltd (HKSE:01473) » Definitions » Interest Expense
Comparable Companies
HKSE:01613 HKSE:01617 HKSE:08487 HKSE:01720 HKSE:00947 HKSE:09963 HKSE:01087 HKSE:08043 HKSE:08245 HKSE:00248 CSCO MSI SHSE:601138 OSTO:ERIC B OHEL:NOKIA UI HPE SZSE:300308 SZSE:000063 SZSE:300502
Traded in Other Exchanges
N/A
Address
181 Johnston Road, Rooms 902-6, 9th Floor, Tai Yau Building, Wanchai, Hong Kong, HKG
Website
http://www.pangaea.com.hk
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 for different end applications such as telecom infrastructure, data centres, high performance computing, IoT, and network connectivity products.
Executives
Generous Horizon Limited 2101 Beneficial owner
Fung Yui Kong 2201 Interest of corporation controlled by you
Lam Esther W. 2202 Interest of your spouse
Poon Ka Ho Stanley 2101 Beneficial owner
Generous Team Limited

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