IGG (HKSE:00799) Interest Expense : HK$-4 Mil (TTM As of Dec. 2023)

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What is IGG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. IGG's interest expense for the six months ended in Dec. 2023 was HK$ -2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-4 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. IGG's Operating Income for the six months ended in Dec. 2023 was HK$ 386 Mil. IGG's Interest Expense for the six months ended in Dec. 2023 was HK$ -2 Mil. IGG's Interest Coverage for the quarter that ended in Dec. 2023 was 216.83. 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.

IGG Interest Expense Historical Data

The historical data trend for IGG'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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IGG Interest Expense Chart

IGG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-3.75

-3.47

-5.98

-4.29

-3.84

IGG 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															-3.88	-2.51	-1.78	-2.07	-1.78

IGG 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$-4 Mil.

IGG (HKSE:00799) 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.

IGG's Interest Expense for the six months ended in Dec. 2023 was HK$-2 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$386 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$28 Mil.

IGG'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	*	385.516	/	-1.778
	=	216.83

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

IGG (HKSE:00799) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » IGG Inc (HKSE:00799) » Definitions » Interest Expense

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IGGGF:USA I91:Germany

Address

80 Pasir Panjang Road, No. 18-84 Mapletree Business City, Singapore, SGP, 117372

Website

https://www.igg.com

IGG Inc develops, markets, and publishes mobile online games. Aside from Singapore, the company operates in the United States, Mainland China, Hong Kong, Canada, Japan, Korea, Thailand, and the Philippines. North America, Europe, and Asia contribute relatively equal shares of the company's total revenue. The company offers free-to-play mobile, browser, and client-based online games. IGG operates through its mobile games segment, which comprises most of the company's overall revenue. Some of its notable games include Castle Clash, Clash of Lords, Deck Heroes, and Texas Hold 'Em Poker Deluxe.

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