Automated Systems Holdings (HKSE:00771) Interest Expense : HK$-1 Mil (TTM As of Jun. 2024)

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What is Automated Systems Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Automated Systems Holdings's interest expense for the six months ended in Jun. 2024 was HK$ -1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was HK$-1 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. Automated Systems Holdings's Operating Income for the six months ended in Jun. 2024 was HK$ 44 Mil. Automated Systems Holdings's Interest Expense for the six months ended in Jun. 2024 was HK$ -1 Mil. Automated Systems Holdings's Interest Coverage for the quarter that ended in Jun. 2024 was 77.96. 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.

Automated Systems Holdings Interest Expense Historical Data

The historical data trend for Automated Systems 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.

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Automated Systems Holdings Interest Expense Chart

Automated Systems Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

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-8.52

-3.96

-3.55

-2.56

-1.16

Automated Systems Holdings 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															-2.00	-1.48	-1.09	-0.56	-0.60

Automated Systems 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-1 Mil.

Automated Systems Holdings (HKSE:00771) 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.

Automated Systems Holdings's Interest Expense for the six months ended in Jun. 2024 was HK$-1 Mil. Its Operating Income for the six months ended in Jun. 2024 was HK$44 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was HK$5 Mil.

Automated Systems Holdings's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Jun. 2024 )	/	Interest Expense (Q: Jun. 2024 )
	=	-1	*	43.893	/	-0.563
	=	77.96

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

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Automated Systems Holdings Ltd has enough cash to cover all of its debt. Its financial situation is stable.

Automated Systems Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Automated Systems Holdings Ltd (HKSE:00771) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

11 On Sum Street, 15th Floor, Topsail Plaza, Shatin, New Territories, Hong Kong, HKG

Website

https://www1.asl.com.hk

Automated Systems Holdings Ltd operates as an investment holding company, which provides corporate management services. It operates through the following segments: Information Technology Products and Information Technology Services. The IT Products segment engages in the business of information technology in supplying of information technology and associated products. The IT Services segment engages in the business of information technology in providing systems integration, software and consulting services, engineering support for products and solutions, and managed services. Its geographical presence in Hong Kong, Mainland China, United States, Europe, Taiwan, Macau, Thailand, Singapore and Malaysia.

Executives

Beijing Teamsun Technology Co., Ltd.	2201 Interest of corporation controlled by you
Hua Sheng Tian Cheng Ke Ji Xiang Gang You Xian Gong Si	2101 Beneficial owner
Dehong(hangzhou) Investment Partnership Limited	2101 Beneficial owner

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