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Capital Industrial Financial Services Group (HKSE:00730) Interest Expense : HK$-1.3 Mil (TTM As of Dec. 2023)


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What is Capital Industrial Financial Services Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Capital Industrial Financial Services Group's interest expense for the six months ended in Dec. 2023 was HK$ -0.4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-1.3 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. Capital Industrial Financial Services Group's Operating Income for the six months ended in Dec. 2023 was HK$ 28.6 Mil. Capital Industrial Financial Services Group's Interest Expense for the six months ended in Dec. 2023 was HK$ -0.4 Mil. Capital Industrial Financial Services Group's Interest Coverage for the quarter that ended in Dec. 2023 was 66.27. 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.


Capital Industrial Financial Services Group Interest Expense Historical Data

The historical data trend for Capital Industrial Financial Services Group'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.

Capital Industrial Financial Services Group Interest Expense Chart

Capital Industrial Financial Services Group 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 -5.99 -1.68 -3.53 -4.81 -1.31

Capital Industrial Financial Services Group 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 -1.63 -2.33 -2.48 -0.88 -0.43

Capital Industrial Financial Services Group 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$-1.3 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.


Capital Industrial Financial Services Group  (HKSE:00730) 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.

Capital Industrial Financial Services Group's Interest Expense for the six months ended in Dec. 2023 was HK$-0.4 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$28.6 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$15.3 Mil.

Capital Industrial Financial Services Group's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*28.628/-0.432
=66.27

* 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.


Capital Industrial Financial Services Group (HKSE:00730) Business Description

Traded in Other Exchanges
N/A
Address
56 Gloucester Road, 6th Floor, Bank of East Asia Harbour View Centre, Wanchai, Hong Kong, HKG
Capital Industrial Financial Services Group Ltd is an investment holding company engaged in the provision of sale and leaseback arrangements services, property leasing services, supply chain management business, assets management, and consultancy services. Its operating divisions are sale and leaseback arrangements services, property leasing services, assets management, and consultancy services, and supply chain management business.
Executives
Shougang Group Co., Ltd. 2201 Interest of corporation controlled by you
Mak Siu Hang Viola 2201 Interest of corporation controlled by you
Vms Investment Group Limited 2101 Beneficial owner
Hy Holding Limited
Yip Wang Ngai

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