Cosmos Machinery Enterprises (HKSE:00118) Interest Expense : HK$-14 Mil (TTM As of Jun. 2024)

View and export this data going back to 1988. Start your Free Trial

What is Cosmos Machinery Enterprises Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Cosmos Machinery Enterprises's interest expense for the six months ended in Jun. 2024 was HK$ -9 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was HK$-14 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. Cosmos Machinery Enterprises's Operating Income for the six months ended in Jun. 2024 was HK$ -12 Mil. Cosmos Machinery Enterprises's Interest Expense for the six months ended in Jun. 2024 was HK$ -9 Mil. Cosmos Machinery Enterprises 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.

Cosmos Machinery Enterprises Interest Expense Historical Data

The historical data trend for Cosmos Machinery Enterprises'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.

Cosmos Machinery Enterprises Interest Expense Chart

Cosmos Machinery Enterprises Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

Get a 7-Day Free Trial

-20.32

-17.74

-13.42

-16.55

-13.84

Cosmos Machinery Enterprises 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															-7.28	-7.80	-8.75	-8.71	-5.12

Cosmos Machinery Enterprises 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-14 Mil.

Cosmos Machinery Enterprises (HKSE:00118) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Cosmos Machinery Enterprises's Interest Expense for the six months ended in Jun. 2024 was HK$-9 Mil. Its Operating Income for the six months ended in Jun. 2024 was HK$-12 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was HK$13 Mil.

Cosmos Machinery Enterprises's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Cosmos Machinery Enterprises did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's financial strength is.

Cosmos Machinery Enterprises Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Cosmos Machinery Enterprises Ltd (HKSE:00118) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 10 Cheung Yue Street, 10th Floor, Billion Plaza 2, Cheung Sha Wan, Kowloon, Hong Kong, HKG

Website

https://www.cosmel.com

Cosmos Machinery Enterprises Ltd is an investment holding company. The company operates in segments namely, trading of Industrial Consumables, Processing and Manufacturing of Plastic Products, Manufacturing of Machinery, Processing and Trading of Printed Circuit Boards, and Machinery Leasing. The company derives maximum revenue from the Machinery Leasing segment. The geographical segments of the company are Hong Kong, Mainland China, Other Asia-Pacific countries, North America, and Europe, of which the majority of its maximum revenue comes from Mainland China.

Executives

Saniwell Holding Inc.	2201 Interest of corporation controlled by you
Tang Yu, Freeman	2201 Interest of corporation controlled by you
Tang To	2201 Interest of corporation controlled by you
Friendchain Investments Limited	2201 Interest of corporation controlled by you
Codo Development Limited	2201 Interest of corporation controlled by you
Cosmos Machinery (holdings) Limited	2101 Beneficial owner
Tai Shing Agencies Limited	2101 Beneficial owner
China Resources Company Limited (formerly Known As China Resources National Corporation)
Law Kit Fong	2201 Interest of corporation controlled by you

Cosmos Machinery Enterprises Headlines

No Headlines