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Fortune Asia Group (ASX:FYA) Interest Expense : A$0.00 Mil (TTM As of Jun. 2018)


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What is Fortune Asia Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Fortune Asia Group's interest expense for the six months ended in Jun. 2018 was A$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2018 was A$0.00 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. Fortune Asia Group's Operating Income for the six months ended in Jun. 2018 was A$ -0.13 Mil. Fortune Asia Group's Interest Expense for the six months ended in Jun. 2018 was A$ 0.00 Mil. Fortune Asia Group has no long-term debt (1). 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.


Fortune Asia Group Interest Expense Historical Data

The historical data trend for Fortune Asia Group'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.

Fortune Asia Group Interest Expense Chart

Fortune Asia Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18
Interest Expense
- -0.07 -0.07 - -

Fortune Asia Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18
Interest Expense Get a 7-Day Free Trial Premium Member Only -0.04 - - - -

Fortune Asia Group 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. 2018 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$0.00 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.


Fortune Asia Group  (ASX:FYA) 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.

Fortune Asia Group's Interest Expense for the six months ended in Jun. 2018 was A$0.00 Mil. Its Operating Income for the six months ended in Jun. 2018 was A$-0.13 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2018 was A$0.00 Mil.

Fortune Asia Group's Interest Coverage for the quarter that ended in Jun. 2018 is calculated as

Fortune Asia Group had no long-term debt (1).

* 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.


Fortune Asia Group (ASX:FYA) Business Description

Traded in Other Exchanges
N/A
Address
377 Kent Street, Suite 525, Sydney, NSW, AUS, 2000
Fortune Asia Group Ltd, formerly Emperor Range Group Ltd is engaged in mining and exploration at the tenements situated in Xinjiang Uygur Autonomous Region of the People's Republic of China.

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