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Edvance International Holdings (HKSE:01410) Interest Expense : HK$-4.4 Mil (TTM As of Sep. 2023)


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What is Edvance International Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Edvance International Holdings's interest expense for the six months ended in Sep. 2023 was HK$ -2.2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was HK$-4.4 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. Edvance International Holdings's Operating Income for the six months ended in Sep. 2023 was HK$ -3.2 Mil. Edvance International Holdings's Interest Expense for the six months ended in Sep. 2023 was HK$ -2.2 Mil. Edvance International 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.


Edvance International Holdings Interest Expense Historical Data

The historical data trend for Edvance International 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.

Edvance International Holdings Interest Expense Chart

Edvance International Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Interest Expense
Get a 7-Day Free Trial Premium Member Only -0.65 -1.46 -1.35 -1.97 -3.35

Edvance International Holdings Semi-Annual Data
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 -0.95 -1.02 -1.15 -2.20 -2.21

Edvance International 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-4.4 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.


Edvance International Holdings  (HKSE:01410) 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.

Edvance International Holdings's Interest Expense for the six months ended in Sep. 2023 was HK$-2.2 Mil. Its Operating Income for the six months ended in Sep. 2023 was HK$-3.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2023 was HK$44.7 Mil.

Edvance International Holdings's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Edvance International 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.


Edvance International Holdings (HKSE:01410) Business Description

Traded in Other Exchanges
N/A
Address
98 How Ming Street, 25th Floor, Tower 1, The Millennity, Kwun Tong, Kowloon, Hong Kong, HKG
Edvance International Holdings Ltd is an investment holding company. The company is engaged in the provision of information technology security products and services. Its Cybersecurity products segment includes network security products, system security products and application and data security products. The cybersecurity services segment is engaged in the provision of technical implementation, maintenance, and support services. Digital assets Financial services and investment business refers to the provision of financial services to customers, venture investment and securities trading by the Group. It generates maximum revenue from the Cybersecurity security products segment. Geographically, it derives a majority of its revenue from Hong Kong.
Executives
Liu Yui Ting Raymond 2101 Beneficial owner
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Mind Bright Limited 2101 Beneficial owner
Cheng Chui Ying 2202 Interest of your spouse
Lin Fai 2202 Interest of your spouse
Lo Wai Ho Ashley 2201 Interest of corporation controlled by you
Tang Sing Hing Kenny 2201 Interest of corporation controlled by you
Yip Lai Ching 2202 Interest of your spouse
Cheung Mo Chi 2202 Interest of your spouse
Von John 2201 Interest of corporation controlled by you

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