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Lever Style (HKSE:01346) Interest Expense : HK$-1 Mil (TTM As of Jun. 2024)


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What is Lever Style Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Lever Style's interest expense for the six months ended in Jun. 2024 was HK$ -0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was HK$-1 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. Lever Style's Operating Income for the six months ended in Jun. 2024 was HK$ 56 Mil. Lever Style's Interest Expense for the six months ended in Jun. 2024 was HK$ -0 Mil. Lever Style's Interest Coverage for the quarter that ended in Jun. 2024 was 169.46. 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.


Lever Style Interest Expense Historical Data

The historical data trend for Lever Style'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.

Lever Style Interest Expense Chart

Lever Style Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -7.56 -4.71 -4.72 -9.97 -1.92

Lever Style Semi-Annual Data
Dec16 Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 -3.68 -6.31 -1.36 -0.56 -0.33

Lever Style 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-1 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.


Lever Style  (HKSE:01346) 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.

Lever Style's Interest Expense for the six months ended in Jun. 2024 was HK$-0 Mil. Its Operating Income for the six months ended in Jun. 2024 was HK$56 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was HK$2 Mil.

Lever Style's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2024 )/Interest Expense (Q: Jun. 2024 )
=-1*55.584/-0.328
=169.46

* 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Lever Style Corp has enough cash to cover all of its debt. Its financial situation is stable.


Lever Style Business Description

Traded in Other Exchanges
N/A
Address
6 Liu Fang Road, 1st Floor, TinWe Mansion, Bao’an District, Shenzhen, CHN
Lever Style Corp engages in apparel manufacturing. The firm offers a wide range of product categories for both men and women. Its product line comprises shirts, bottoms, suits, outwear, and other products out of which the sale of shirts derives the majority of revenue. Geographically, the company generates revenue from the United States of America, Europe, Oceania, Greater China, and Others. The majority of its revenue is generated from the United States.
Executives
Imaginative Company Limited 2201 Interest of corporation controlled by you
Lever Style Holdings Limited 2101 Beneficial owner
Szeto Chi Yan Stanley 2201 Interest of corporation controlled by you
Fung Capital Limited 2201 Interest of corporation controlled by you
Hsbc Trustee (c.i.) Limited 2301 Trustee
Fung Portfolio Limited 2201 Interest of corporation controlled by you
Fung Kwok Lun William 2201 Interest of corporation controlled by you
Jing Lun Kong Gu You Xian Gong Si 2201 Interest of corporation controlled by you
Feng Shi Tou Zi You Xian Gong Si 2201 Interest of corporation controlled by you
Poolside Ventures Limited 2201 Interest of corporation controlled by you
Kci Limited 2201 Interest of corporation controlled by you
Fung Trinity Holdings Limited 2101 Beneficial owner
Fong Tong 2201 Interest of corporation controlled by you

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