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Pico Far East Holdings (HKSE:00752) Interest Expense : HK$-40 Mil (TTM As of Oct. 2023)


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What is Pico Far East Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Pico Far East Holdings's interest expense for the six months ended in Oct. 2023 was HK$ -20 Mil. Its interest expense for the trailing twelve months (TTM) ended in Oct. 2023 was HK$-40 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. Pico Far East Holdings's Operating Income for the six months ended in Oct. 2023 was HK$ 162 Mil. Pico Far East Holdings's Interest Expense for the six months ended in Oct. 2023 was HK$ -20 Mil. Pico Far East Holdings's Interest Coverage for the quarter that ended in Oct. 2023 was 8.22. 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.


Pico Far East Holdings Interest Expense Historical Data

The historical data trend for Pico Far East 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.

Pico Far East Holdings Interest Expense Chart

Pico Far East Holdings Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -12.29 -24.55 -18.23 -22.10 -40.23

Pico Far East Holdings Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 -8.58 -8.68 -13.42 -20.58 -19.65

Pico Far East 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 Oct. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-40 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.


Pico Far East Holdings  (HKSE:00752) 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.

Pico Far East Holdings's Interest Expense for the six months ended in Oct. 2023 was HK$-20 Mil. Its Operating Income for the six months ended in Oct. 2023 was HK$162 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Oct. 2023 was HK$314 Mil.

Pico Far East Holdings's Interest Coverage for the quarter that ended in Oct. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Oct. 2023 )/Interest Expense (Q: Oct. 2023 )
=-1*161.582/-19.65
=8.22

* 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.


Pico Far East Holdings (HKSE:00752) Business Description

Traded in Other Exchanges
Address
Pico House, 4 Dai Fu Street, Tai Po Industrial Estate, New Territories, Hong Kong, HKG
Pico Far East Holdings Ltd is in brand activation. It promotes brands provides exhibition and event marketing services. Its services include events, exhibitions, visual identity, interior and retail, themed environment, venue management, conference and exhibition management, expo, and sports. The company's operating segment includes Exhibition, event and brand activation; Visual branding activation; Museum and themed environment and Meeting architecture activation. It generates maximum revenue from the Exhibition, event and brand activation segment. Geographically, it derives a majority of revenue from Greater China.

Pico Far East Holdings (HKSE:00752) Headlines

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