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Tongda Group Holdings (HKSE:00698) Interest Expense : HK$-197 Mil (TTM As of Dec. 2023)


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What is Tongda Group Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Tongda Group Holdings's interest expense for the six months ended in Dec. 2023 was HK$ -117 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-197 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. Tongda Group Holdings's Operating Income for the six months ended in Dec. 2023 was HK$ -1,091 Mil. Tongda Group Holdings's Interest Expense for the six months ended in Dec. 2023 was HK$ -117 Mil. Tongda Group Holdings 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.


Tongda Group Holdings Interest Expense Historical Data

The historical data trend for Tongda Group 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.

Tongda Group Holdings Interest Expense Chart

Tongda Group 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 -206.77 -175.06 -73.69 -165.18 -196.78

Tongda Group 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 -8.29 -55.15 -110.03 -79.66 -117.12

Tongda Group 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 HK$-197 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.


Tongda Group Holdings  (HKSE:00698) 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.

Tongda Group Holdings's Interest Expense for the six months ended in Dec. 2023 was HK$-117 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$-1,091 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$1,090 Mil.

Tongda Group Holdings's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Tongda Group Holdings did not have earnings to cover the interest expense.

* 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.


Tongda Group Holdings (HKSE:00698) Business Description

Traded in Other Exchanges
Address
6-8 Harbour Road, Room 1201-02, 12th Floor, Shui On Centre, Wanchai, Hong Kong, HKG
Tongda Group Holdings Ltd is a solutions provider of precise products for smart mobile communications and consumer electronic devices, with five business segments. The Handset casings and high-precision components segment, which generates the majority revenue, produces handset cases and related components. The household and sports goods segment consists of durable household goods, household utensils and sports goods. The network communications facilities and others segment produces set-top box casings and interior decorations of automotive. It generates majority of its revenue from mainland China.

Tongda Group Holdings (HKSE:00698) Headlines

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