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Neo-Concept International Group Holdings (Neo-Concept International Group Holdings) Interest Expense : $-0.95 Mil (TTM As of Jun. 2023)


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What is Neo-Concept International Group Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Neo-Concept International Group Holdings's interest expense for the six months ended in Jun. 2023 was $ -0.44 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was $-0.95 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. Neo-Concept International Group Holdings's Operating Income for the six months ended in Jun. 2023 was $ -0.22 Mil. Neo-Concept International Group Holdings's Interest Expense for the six months ended in Jun. 2023 was $ -0.44 Mil. Neo-Concept International Group 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.

Neo-Concept International Group Holdings Interest Expense Historical Data

The historical data trend for Neo-Concept International 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.

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Neo-Concept International Group Holdings Interest Expense Chart

Neo-Concept International Group Holdings Annual Data
Trend Dec20 Dec21 Dec22
Interest Expense
-0.37 -0.32 -0.79

Neo-Concept International Group Holdings Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Interest Expense Get a 7-Day Free Trial -0.17 -0.16 -0.29 -0.50 -0.44

Neo-Concept International 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 Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-0.95 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.

Neo-Concept International Group Holdings  (NAS:NCI) 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.

Neo-Concept International Group Holdings's Interest Expense for the six months ended in Jun. 2023 was $-0.44 Mil. Its Operating Income for the six months ended in Jun. 2023 was $-0.22 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2023 was $2.21 Mil.

Neo-Concept International Group Holdings's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Neo-Concept International Group 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.

Neo-Concept International Group Holdings (Neo-Concept International Group Holdings) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Neo-Concept International Group Holdings Ltd (NAS:NCI) » Definitions » Interest Expense
Comparable Companies
Traded in Other Exchanges
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Address
10th floor, Seaview Centre, No.139-141 Hoi Bun Road, Kwun Tong, Kowloon, HKG
Website
https://www.neo-ig.com
Neo-Concept International Group Holdings Ltd is a company whose a one-stop apparel solution services provider. They offer a full suite of services in the apparel supply chain, including market trend analysis, product design and development, raw material sourcing, production and quality control, and logistics management serving customers located in the European, and North American markets through Neo-Concept HK.

Neo-Concept International Group Holdings (Neo-Concept International Group Holdings) Headlines

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