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E I L Holdings (E I L Holdings) Interest Expense : $-1.45 Mil (TTM As of Jun. 2023)


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What is E I L Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. E I L Holdings's interest expense for the six months ended in Jun. 2023 was $ -0.85 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was $-1.45 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. E I L Holdings's Operating Income for the six months ended in Jun. 2023 was $ 1.47 Mil. E I L Holdings's Interest Expense for the six months ended in Jun. 2023 was $ -0.85 Mil. E I L Holdings's Interest Coverage for the quarter that ended in Jun. 2023 was 1.74. 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.


E I L Holdings Interest Expense Historical Data

The historical data trend for E I L 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.

E I L Holdings Interest Expense Chart

E I L Holdings Annual Data
Trend Dec21 Dec22
Interest Expense
-0.42 -0.90

E I L Holdings Semi-Annual Data
Dec21 Jun22 Dec22 Jun23
Interest Expense - -0.30 -0.60 -0.85

E I L 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 $-1.45 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.


E I L Holdings  (NAS:EIL) 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.

E I L Holdings's Interest Expense for the six months ended in Jun. 2023 was $-0.85 Mil. Its Operating Income for the six months ended in Jun. 2023 was $1.47 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2023 was $4.06 Mil.

E I L Holdings's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2023 )/Interest Expense (Q: Jun. 2023 )
=-1*1.472/-0.848
=1.74

* 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.


E I L Holdings (E I L Holdings) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Unit A, 17/F, Mai Wah Industrial Building, 1-7 Wah Sing Street, Kwai Chung, Hong Kong, HKG
Website
E I L Holdings Ltd is a company principally engaged in the supply of electronic components and sensors to our customers and have positioned themselves as a value-added electronic component, sensor and engineering solutions provider able to provide sensors and components, engineering solutions and reference design, consultation of application feasibility study and professional logistics services in bridging customers and electronic component producers in the electronics industry.

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