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Labixiaoxin Snacks Group (HKSE:01262) Interest Expense : HK$-25.2 Mil (TTM As of Dec. 2023)


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What is Labixiaoxin Snacks Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Labixiaoxin Snacks Group's interest expense for the six months ended in Dec. 2023 was HK$ -11.7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-25.2 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. Labixiaoxin Snacks Group's Operating Income for the six months ended in Dec. 2023 was HK$ -80.9 Mil. Labixiaoxin Snacks Group's Interest Expense for the six months ended in Dec. 2023 was HK$ -11.7 Mil. Labixiaoxin Snacks Group 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.


Labixiaoxin Snacks Group Interest Expense Historical Data

The historical data trend for Labixiaoxin Snacks Group'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.

Labixiaoxin Snacks Group Interest Expense Chart

Labixiaoxin Snacks Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -48.71 -48.02 -38.34 -30.96 -25.19

Labixiaoxin Snacks Group 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 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 -18.54 -17.11 -14.67 -13.45 -11.74

Labixiaoxin Snacks Group 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$-25.2 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.


Labixiaoxin Snacks Group  (HKSE:01262) 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.

Labixiaoxin Snacks Group's Interest Expense for the six months ended in Dec. 2023 was HK$-11.7 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$-80.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$0.0 Mil.

Labixiaoxin Snacks Group's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Labixiaoxin Snacks Group 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.


Labixiaoxin Snacks Group (HKSE:01262) Business Description

Traded in Other Exchanges
N/A
Address
Wuli Industrial Area, Fujian, Jinjiang, CHN
Labixiaoxin Snacks Group Ltd is a China-based investment holding company principally engaged in the manufacturing and sales of snack products. The company operates through four business segments: Jelly Products, Confectionery Products, Beverages Products, and Other Snacks Products. The company's maximum earning segment is Jelly products segment which include jelly snacks and jelly beverages. It also markets other products, such as powdered milk tea. All of its operations are conducted in the PRC.
Executives
Alliance Food And Beverages (holding) Company Limited 2101 Beneficial owner
Zheng Yuhuan 2201 Interest of corporation controlled by you
Zheng Yushuang 2201 Interest of corporation controlled by you
Zheng Yu Long 2101 Beneficial owner
Li Hung Kong 2201 Interest of corporation controlled by you

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