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Ngai Hing Hong Co (HKSE:01047) Interest Expense : HK$-24 Mil (TTM As of Dec. 2024)


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What is Ngai Hing Hong Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ngai Hing Hong Co's interest expense for the six months ended in Dec. 2024 was HK$ -13 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was HK$-24 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. Ngai Hing Hong Co's Operating Income for the six months ended in Dec. 2024 was HK$ 5 Mil. Ngai Hing Hong Co's Interest Expense for the six months ended in Dec. 2024 was HK$ -13 Mil. Ngai Hing Hong Co's Interest Coverage for the quarter that ended in Dec. 2024 was 0.41. 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.

Ngai Hing Hong Co Interest Expense Historical Data

The historical data trend for Ngai Hing Hong Co'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.

Ngai Hing Hong Co Interest Expense Chart

Ngai Hing Hong Co Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -17.38 -9.95 -8.47 -17.19 -23.60

Ngai Hing Hong Co 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 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 -8.29 -8.90 -12.16 -11.44 -13.00

Ngai Hing Hong Co 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-24 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.

Ngai Hing Hong Co  (HKSE:01047) 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.

Ngai Hing Hong Co's Interest Expense for the six months ended in Dec. 2024 was HK$-13 Mil. Its Operating Income for the six months ended in Dec. 2024 was HK$5 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was HK$0 Mil.

Ngai Hing Hong Co's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*5.347/-12.995
=0.41

* 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.

Ngai Hing Hong Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Ngai Hing Hong Co Ltd (HKSE:01047) » Definitions » Interest Expense
Comparable Companies
HKSE:01000 HKSE:00954 HKSE:01561 HKSE:00377 HKSE:01950 HKSE:01002 HKSE:01932 HKSE:02116 HKSE:02439 HKSE:02502 LIN XPAR:AI SHW ECL APD XSWX:GIVN ISX:TPIA XSWX:SIKA OCSE:NSIS B XAMS:DSFIR
Traded in Other Exchanges
N/A
Address
10 Wo Shing Street, Unit 3, 6th Floor, Hopeful Factory Centre, Fo Tan, Shatin, New Territories, Hong Kong, HKG
Website
https://www.nhh.com.hk
Ngai Hing Hong Co Ltd is a Hong Kong-based investment holding company. Along with its subsidiaries, the company is involved in the rubber and plastic business sectors. The company is principally engaged in the manufacturing and trading of plastic materials, pigments, colorants, compounded plastic resins, and engineering plastic products. The business of this company is divided into various segments that include Trading, Colorants, Engineering Plastics, and Others. A substantial portion of the company's overall revenue is generated from its Trading business which is involved in the trading of plastic materials.
Executives
Hui Sai Chung 2101 Beneficial owner

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