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King Fook Holdings (HKSE:00280) Interest Expense : HK$-2.9 Mil (TTM As of Sep. 2023)


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What is King Fook Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. King Fook Holdings's interest expense for the six months ended in Sep. 2023 was HK$ -1.6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was HK$-2.9 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. King Fook Holdings's Operating Income for the six months ended in Sep. 2023 was HK$ 34.7 Mil. King Fook Holdings's Interest Expense for the six months ended in Sep. 2023 was HK$ -1.6 Mil. King Fook Holdings's Interest Coverage for the quarter that ended in Sep. 2023 was 21.10. 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.


King Fook Holdings Interest Expense Historical Data

The historical data trend for King Fook 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.

King Fook Holdings Interest Expense Chart

King Fook Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.99 -4.83 -6.48 -5.87 -3.33

King Fook Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 -2.97 -2.90 -2.12 -1.20 -1.65

King Fook 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-2.9 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.


King Fook Holdings  (HKSE:00280) 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.

King Fook Holdings's Interest Expense for the six months ended in Sep. 2023 was HK$-1.6 Mil. Its Operating Income for the six months ended in Sep. 2023 was HK$34.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2023 was HK$21.0 Mil.

King Fook Holdings's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2023 )/Interest Expense (Q: Sep. 2023 )
=-1*34.73/-1.646
=21.10

* 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.


King Fook Holdings (HKSE:00280) Business Description

Traded in Other Exchanges
N/A
Address
30-32 Des Voeux Road Central, 9th Floor, King Fook Building, Hong Kong, HKG
King Fook Holdings Ltd is a Hong Kong-based investment holding company. It is engaged in Gold ornament, jewelry, watch and gift retailing, Bullion trading, and Diamond wholesaling activity. The majority of the revenue is generated from the retail of Gold ornaments, jewelry, watch, and gift. The Group has only one single reportable segment, which is retailing, bullion trading, and diamond wholesaling. Principally the group operates in Hong Kong.
Executives
Yeung Chi Shing Estates Limited 2101 Beneficial owner

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