GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Sheung Yue Group Holdings Ltd (HKSE:01633) » Definitions » Interest Expense

Sheung Yue Group Holdings (HKSE:01633) Interest Expense : HK$-5.1 Mil (TTM As of Sep. 2023)


View and export this data going back to 2016. Start your Free Trial

What is Sheung Yue Group Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sheung Yue Group Holdings's interest expense for the six months ended in Sep. 2023 was HK$ -2.7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was HK$-5.1 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. Sheung Yue Group Holdings's Operating Income for the six months ended in Sep. 2023 was HK$ 7.0 Mil. Sheung Yue Group Holdings's Interest Expense for the six months ended in Sep. 2023 was HK$ -2.7 Mil. Sheung Yue Group Holdings's Interest Coverage for the quarter that ended in Sep. 2023 was 2.58. 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.


Sheung Yue Group Holdings Interest Expense Historical Data

The historical data trend for Sheung Yue Group 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.

Sheung Yue Group Holdings Interest Expense Chart

Sheung Yue Group Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.10 -0.35 -0.79 -2.13 -4.16

Sheung Yue Group Holdings Semi-Annual Data
Mar14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 -0.95 -1.18 -1.77 -2.39 -2.72

Sheung Yue Group 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-5.1 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.


Sheung Yue Group Holdings  (HKSE:01633) 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.

Sheung Yue Group Holdings's Interest Expense for the six months ended in Sep. 2023 was HK$-2.7 Mil. Its Operating Income for the six months ended in Sep. 2023 was HK$7.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2023 was HK$2.7 Mil.

Sheung Yue Group Holdings's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2023 )/Interest Expense (Q: Sep. 2023 )
=-1*7.003/-2.715
=2.58

* 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.


Sheung Yue Group Holdings (HKSE:01633) Business Description

Traded in Other Exchanges
N/A
Address
9 Science Museum Road, Unit 103-105, 1st Floor, New East Ocean Centre, Tsimshatsui East, Kowloon, Hong Kong, HKG
Sheung Yue Group Holdings Ltd provides foundation service in Hong Kong and Macau. It offers piling construction, excavation, and lateral support works, pile cap construction, site formation, and ancillary services. Majority of the revenue is derived from Hong Kong.

Sheung Yue Group Holdings (HKSE:01633) Headlines

No Headlines