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Integrated Waste Solutions Group Holdings (HKSE:00923) Interest Expense : HK$-2.95 Mil (TTM As of Sep. 2024)


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What is Integrated Waste Solutions Group Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Integrated Waste Solutions Group Holdings's interest expense for the six months ended in Sep. 2024 was HK$ -1.80 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was HK$-2.95 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. Integrated Waste Solutions Group Holdings's Operating Income for the six months ended in Sep. 2024 was HK$ -22.78 Mil. Integrated Waste Solutions Group Holdings's Interest Expense for the six months ended in Sep. 2024 was HK$ -1.80 Mil. Integrated Waste Solutions Group 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.


Integrated Waste Solutions Group Holdings Interest Expense Historical Data

The historical data trend for Integrated Waste Solutions Group 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.

Integrated Waste Solutions Group Holdings Interest Expense Chart

Integrated Waste Solutions Group Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.19 -0.07 - -0.01 -1.16

Integrated Waste Solutions Group 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 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 -0.01 -0.01 -0.01 -1.15 -1.80

Integrated Waste Solutions Group 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$-2.95 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.


Integrated Waste Solutions Group Holdings  (HKSE:00923) 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.

Integrated Waste Solutions Group Holdings's Interest Expense for the six months ended in Sep. 2024 was HK$-1.80 Mil. Its Operating Income for the six months ended in Sep. 2024 was HK$-22.78 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2024 was HK$50.00 Mil.

Integrated Waste Solutions Group Holdings's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Integrated Waste Solutions Group Holdings did not have earnings to cover the interest expense.

* 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.


Integrated Waste Solutions Group Holdings Business Description

Traded in Other Exchanges
N/A
Address
8 Chun Cheong Street, Integrated Waste Solutions Building, Tseung Kwan O Industrial Estate, New Territories, Hong Kong, HKG
Integrated Waste Solutions Group Holdings Ltd and its subsidiaries are engaged in the trading of recovered paper and materials, trading of tissue paper products, provision of confidential materials destruction services, and provision of logistics services. It has four operating business segments: Recovered paper and materials; Tissue paper products; Confidential materials destruction service (CMDS); and Logistics services. Geographically, it serves Hong Kong and Mainland China. The company derives the majority of its revenue from sales of Recovered paper and materials in Hong Kong.
Executives
Firstrate Enterprises Limited 2101 Beneficial owner
Wong Kim Pun 2201 Interest of corporation controlled by you
So Kit Yee Anita 2201 Interest of corporation controlled by you

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