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Travel Expert (Asia) Enterprises (HKSE:01235) Interest Expense : HK$-0.40 Mil (TTM As of Sep. 2023)


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What is Travel Expert (Asia) Enterprises Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Travel Expert (Asia) Enterprises's interest expense for the six months ended in Sep. 2023 was HK$ -0.26 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was HK$-0.40 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. Travel Expert (Asia) Enterprises's Operating Income for the six months ended in Sep. 2023 was HK$ -0.58 Mil. Travel Expert (Asia) Enterprises's Interest Expense for the six months ended in Sep. 2023 was HK$ -0.26 Mil. Travel Expert (Asia) Enterprises 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.

Travel Expert (Asia) Enterprises Interest Expense Historical Data

The historical data trend for Travel Expert (Asia) Enterprises'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.

Travel Expert (Asia) Enterprises Interest Expense Chart

Travel Expert (Asia) Enterprises Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.17 -1.67 -0.67 -0.39 -0.26

Travel Expert (Asia) Enterprises Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 -0.20 -0.19 -0.11 -0.15 -0.26

Travel Expert (Asia) Enterprises 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-0.40 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.

Travel Expert (Asia) Enterprises  (HKSE:01235) 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.

Travel Expert (Asia) Enterprises's Interest Expense for the six months ended in Sep. 2023 was HK$-0.26 Mil. Its Operating Income for the six months ended in Sep. 2023 was HK$-0.58 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2023 was HK$4.54 Mil.

Travel Expert (Asia) Enterprises's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Travel Expert (Asia) Enterprises 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.

Travel Expert (Asia) Enterprises (HKSE:01235) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Travel Expert (Asia) Enterprises Ltd (HKSE:01235) » Definitions » Interest Expense
Comparable Companies
HKSE:01620 HKSE:08069 HKSE:01701 HKSE:08668 HKSE:06882 HKSE:00487 BKNG ABNB XMAD:AMS TCOM RCL CCL EXPE NCLH HKSE:00780 MMYT XPAR:MMB LSE:JET2 ASX:FLT TNL
Traded in Other Exchanges
N/A
Address
88 Connaught Road West, 8th Floor, Guangdong Finance Building, Hong Kong, HKG
Website
https://www.tegroup.com.hk
Travel Expert (Asia) Enterprises Ltd is an investment holding company. It is engaged in the provision of services relating to sales of air tickets, hotel accommodation, and other travel/wedding-related activities. The company operates through three business segments which include the Travel and travel/wedding-related business, Food, and beverage business, and Treasury activities. It generates maximum revenue from the Travel and travel/wedding-related business segment. Geographically, it derives a majority of its revenue from Hong Kong and also has a presence in the PRC.

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