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ATGL (Alpha Technology Group) Interest Expense : $-0.01 Mil (TTM As of Sep. 2024)


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What is Alpha Technology Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Alpha Technology Group's interest expense for the six months ended in Sep. 2024 was $ -0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was $-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. Alpha Technology Group's Operating Income for the six months ended in Sep. 2024 was $ -0.13 Mil. Alpha Technology Group's Interest Expense for the six months ended in Sep. 2024 was $ -0.01 Mil. Alpha Technology Group 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.


Alpha Technology Group Interest Expense Historical Data

The historical data trend for Alpha Technology 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.

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Alpha Technology Group Interest Expense Chart

Alpha Technology Group Annual Data
Trend Sep21 Sep22 Sep23 Sep24
Interest Expense
-0.01 -0.01 -0.01 -0.01

Alpha Technology Group Semi-Annual Data
Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Interest Expense Get a 7-Day Free Trial -0.01 -0.01 -0.01 - -0.01

Alpha Technology 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 Sep. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-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.


Alpha Technology Group  (NAS:ATGL) 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.

Alpha Technology Group's Interest Expense for the six months ended in Sep. 2024 was $-0.01 Mil. Its Operating Income for the six months ended in Sep. 2024 was $-0.13 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2024 was $0.17 Mil.

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

Alpha Technology Group 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.


Alpha Technology Group Business Description

Traded in Other Exchanges
N/A
Address
52 Hung To Road, Unit B, 12th floor, Kwun Tong, Kowloon, Hong Kong, HKG
Alpha Technology Group Ltd operates through its subsidiaries, which are established cloud-based IT solution service providers in Hong Kong. Its Operating Subsidiaries utilize its analytic skills, programming skills, artificial intelligence technologies and technological know-how to provide comprehensive solutions designed to optimize the business performance of customers, meet various industry-specific operational challenges of customers and create new business opportunities for customers. The Operating Subsidiaries provide services for customers from a variety of industries, including consulting, real estate, architectural design, carpark management, electronic payment services, logistics, investments, retail, textiles, wholesale and distribution, etc.