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Candy Club Holdings (ASX:CLB) Interest Expense : A$-0.01 Mil (TTM As of Jun. 2023)


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What is Candy Club Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Candy Club Holdings's interest expense for the six months ended in Jun. 2023 was A$ -0.02 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was A$-0.01 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. Candy Club Holdings's Operating Income for the six months ended in Jun. 2023 was A$ -0.26 Mil. Candy Club Holdings's Interest Expense for the six months ended in Jun. 2023 was A$ -0.02 Mil. Candy Club 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.


Candy Club Holdings Interest Expense Historical Data

The historical data trend for Candy Club 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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Candy Club Holdings Interest Expense Chart

Candy Club Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
-0.57 -0.76 -1.91 -0.15 -0.01

Candy Club Holdings Semi-Annual Data
Jun18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -0.83 -1.00 0.85 -0.02 0.01

Candy Club 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 A$-0.01 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.


Candy Club Holdings  (ASX:CLB) 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.

Candy Club Holdings's Interest Expense for the six months ended in Jun. 2023 was A$-0.02 Mil. Its Operating Income for the six months ended in Jun. 2023 was A$-0.26 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2023 was A$0.00 Mil.

Candy Club Holdings's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Candy Club 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.


Candy Club Holdings (ASX:CLB) Business Description

Traded in Other Exchanges
N/A
Address
350 Kent Street, Level 2, Sydney, NSW, AUS, 90230
Candy Club Holdings Ltd is engaged in two components namely the B2C business and B2B business. Under the B2C business, the company sells subscriptions plans for the Candy Boxes in the USA, and the B2B business involves the selling of Candy Club Branded Confectionery to specialty market resellers in the USA. It has one segment, which is administration services in Australia.