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Enviro Energy International Holdings (Enviro Energy International Holdings) Interest Expense : $-1.54 Mil (TTM As of Dec. 2023)


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What is Enviro Energy International Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Enviro Energy International Holdings's interest expense for the six months ended in Dec. 2023 was $ -0.89 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-1.54 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. Enviro Energy International Holdings's Operating Income for the six months ended in Dec. 2023 was $ 1.45 Mil. Enviro Energy International Holdings's Interest Expense for the six months ended in Dec. 2023 was $ -0.89 Mil. Enviro Energy International Holdings's Interest Coverage for the quarter that ended in Dec. 2023 was 1.63. 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.


Enviro Energy International Holdings Interest Expense Historical Data

The historical data trend for Enviro Energy International 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.

Enviro Energy International Holdings Interest Expense Chart

Enviro Energy International Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.25 -2.81 -0.86 -1.38 -1.54

Enviro Energy International Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 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 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 -0.74 -0.04 -1.34 -0.64 -0.89

Enviro Energy International 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-1.54 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.


Enviro Energy International Holdings  (OTCPK:EIHLF) 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.

Enviro Energy International Holdings's Interest Expense for the six months ended in Dec. 2023 was $-0.89 Mil. Its Operating Income for the six months ended in Dec. 2023 was $1.45 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was $0.51 Mil.

Enviro Energy International Holdings's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*1.45/-0.891
=1.63

* 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.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Enviro Energy International Holdings Ltd interest coverage is 2.04, which is low.


Enviro Energy International Holdings (Enviro Energy International Holdings) Business Description

Traded in Other Exchanges
Address
No. 9 Des Voeux Road West, 20 Floor, Sheung Wan, Hong Kong, HKG
Enviro Energy International Holdings Ltd is an investment holding company engaged in the sales of materials business and property investment in Hong Kong and the People's Republic of China. It has two operating segments; the Sale of materials business segment and Properties investment segment. Its Sale of materials business segment generates the majority of its revenue. Geographically, it derives a majority of its revenue from the People's Republic of China.

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