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Hong Kong Technology Venture Co (FRA:XHN1) Interest Expense : €-2.8 Mil (TTM As of Dec. 2024)


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What is Hong Kong Technology Venture Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Hong Kong Technology Venture Co's interest expense for the six months ended in Dec. 2024 was € -1.4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was €-2.8 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. Hong Kong Technology Venture Co's Operating Income for the six months ended in Dec. 2024 was € 2.8 Mil. Hong Kong Technology Venture Co's Interest Expense for the six months ended in Dec. 2024 was € -1.4 Mil. Hong Kong Technology Venture Co's Interest Coverage for the quarter that ended in Dec. 2024 was 2.04. 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.

Hong Kong Technology Venture Co Interest Expense Historical Data

The historical data trend for Hong Kong Technology Venture Co'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.

Hong Kong Technology Venture Co Interest Expense Chart

Hong Kong Technology Venture Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.05 -1.06 -1.59 -2.09 -2.84

Hong Kong Technology Venture Co Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 -0.92 -0.95 -1.14 -1.44 -1.35

Hong Kong Technology Venture Co 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-2.8 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.

Hong Kong Technology Venture Co  (FRA:XHN1) 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.

Hong Kong Technology Venture Co's Interest Expense for the six months ended in Dec. 2024 was €-1.4 Mil. Its Operating Income for the six months ended in Dec. 2024 was €2.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was €33.9 Mil.

Hong Kong Technology Venture Co's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*2.759/-1.353
=2.04

* 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.

Hong Kong Technology Venture Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Hong Kong Technology Venture Co Ltd (FRA:XHN1) » Definitions » Interest Expense
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HKSE:02209 HKSE:02420 HKSE:02101 HKSE:01020 HKSE:00620 HKSE:01039 HKSE:02148 AMZN BABA PDD MELI HKSE:03690 SE JD CPNG JSE:NPN EBAY TSE:4689 BOM:543320 CHWY
Traded in Other Exchanges
HKTVY:USA 01137:Hong Kong
Address
No. 1 Chun Cheong Street, HKTV Multimedia and Ecommerce Centre, Tseung Kwan O Industrial Estate, New Territories, Hong Kong, HKG
Website
https://www.hktvmall.com
Hong Kong Technology Venture Co Ltd is included in the business of Ecommerce business which cover end-to end online shopping platform operation (including fulfillment and logistics), multimedia production and other related services; and New venture projects performing research and development activities on technologies, and operating business by adopting the technologies globally; and research, development and provision of technology solutions as a service including end-to-end digital retailing and retail store automation. The company has two reporting segments: Hong Kong Ecommerce business and New Ventures and Technology business, out of which Hong Kong Ecommerce business derives maximum revenue.

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