Majestic Dragon AeroTech Holdings (HKSE:00918) Interest Expense : HK$-3.0 Mil (TTM As of Sep. 2024)

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What is Majestic Dragon AeroTech Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Majestic Dragon AeroTech Holdings's interest expense for the six months ended in Sep. 2024 was HK$ -1.3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was HK$-3.0 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. Majestic Dragon AeroTech Holdings's Operating Income for the six months ended in Sep. 2024 was HK$ -16.5 Mil. Majestic Dragon AeroTech Holdings's Interest Expense for the six months ended in Sep. 2024 was HK$ -1.3 Mil. Majestic Dragon AeroTech 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.

Majestic Dragon AeroTech Holdings Interest Expense Historical Data

The historical data trend for Majestic Dragon AeroTech 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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Majestic Dragon AeroTech Holdings Interest Expense Chart

Majestic Dragon AeroTech Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-7.34

-2.84

-0.30

-1.42

-3.02

Majestic Dragon AeroTech Holdings Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Interest Expense	Get a 7-Day Free Trial															-0.20	-1.22	-1.31	-1.71	-1.33

Majestic Dragon AeroTech 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 Sep. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-3.0 Mil.

Majestic Dragon AeroTech Holdings (HKSE:00918) 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.

Majestic Dragon AeroTech Holdings's Interest Expense for the six months ended in Sep. 2024 was HK$-1.3 Mil. Its Operating Income for the six months ended in Sep. 2024 was HK$-16.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2024 was HK$0.0 Mil.

Majestic Dragon AeroTech Holdings's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Majestic Dragon AeroTech Holdings did not have earnings to cover the interest expense.

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

Majestic Dragon AeroTech Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Majestic Dragon AeroTech Holdings Ltd (HKSE:00918) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Hok Cheung Street, Unit 13, 5th Floor, Tower 1, Harbour Centre, Hung Hom, Kowloon, Hong Kong, HKG

Website

https://www.seiah.com

Majestic Dragon AeroTech Holdings Ltd along with its subsidiaries, is principally engaged in the wholesale of consumer products including timepieces and accessories, garment and sportswear products, property investment, and provision of marketing services. Its segment includes Wholesale business Watch, Wholesale business Garment, Property investment, and Unmanned aerial vehicles business. Maximum revenue is generated from the Unmanned aerial vehicles business that sells unmanned aerial vehicles and related parts for fire-fighting, logistics transportation, communication, and agricultural use. Geographically, it derives key revenue from the People's Republic of China followed by the Middle East, Hong Kong, Africa, and Taiwan.

Executives

Zhang Jinbing	2101 Beneficial owner
Always Profit Development Limited	2101 Beneficial owner
Golden Bold Holdings Limited	2101 Beneficial owner
Wang Yuelai	2201 Interest of corporation controlled by you
Chong Kin Group Holdings Ltd.	2106 Person having a security interest in shares
State Energy Hk Limited	2101 Beneficial owner
Shang Hai Zhong She Gu Quan Tou Zi Ji Jin You Xian Gong Si	2201 Interest of corporation controlled by you
Shang Hai Guo Ming Gu Quan Tou Zi Ji Jin Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you
Liu Quan Hui	2201 Interest of corporation controlled by you
Guo Neng Shang Ye Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Niu Fang	2201 Interest of corporation controlled by you
Hu Zhang Cui	2202 Interest of your spouse

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