Thelloy Development Group (HKSE:01546) Interest Expense : HK$-4.2 Mil (TTM As of Sep. 2023)

View and export this data going back to 2015. Start your Free Trial

What is Thelloy Development Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Thelloy Development Group's interest expense for the six months ended in Sep. 2023 was HK$ -2.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was HK$-4.2 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. Thelloy Development Group's Operating Income for the six months ended in Sep. 2023 was HK$ 2.7 Mil. Thelloy Development Group's Interest Expense for the six months ended in Sep. 2023 was HK$ -2.0 Mil. Thelloy Development Group's Interest Coverage for the quarter that ended in Sep. 2023 was 1.34. 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.

Thelloy Development Group Interest Expense Historical Data

The historical data trend for Thelloy Development 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.

Thelloy Development Group Interest Expense Chart

Thelloy Development Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Interest Expense

Get a 7-Day Free Trial

-0.24

-0.70

-0.34

-0.48

-2.60

Thelloy Development Group 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															-0.24	-0.24	-0.36	-2.24	-1.98

Thelloy Development 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-4.2 Mil.

Thelloy Development Group (HKSE:01546) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Thelloy Development Group's Interest Expense for the six months ended in Sep. 2023 was HK$-2.0 Mil. Its Operating Income for the six months ended in Sep. 2023 was HK$2.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2023 was HK$1.4 Mil.

Thelloy Development Group's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2023 )	/	Interest Expense (Q: Sep. 2023 )
	=	-1	*	2.663	/	-1.981
	=	1.34

The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Thelloy Development Group Ltd interest coverage is 3.22, which is low.

Thelloy Development Group (HKSE:01546) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Thelloy Development Group Ltd (HKSE:01546) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

79 Wing Hong Street, 19/F, The Globe, Lai Chi Kok, Kowloon, Hong Kong, HKG

Website

https://www.thelloy.com

Thelloy Development Group Ltd along with its subsidiaries provides building construction services and repair, maintenance, alteration, and additional work services in Hong Kong. The company earns key revenue from building construction operations. Geographically the company caters its services only to the Hong Kong market. The company's services are majorly used by government, quasi-government organizations, institutions, schools, and private residential properties.

Executives

Cheers Mate Holding Limited	2101 Beneficial owner
Cheng Pui Wah Theresa	2202 Interest of your spouse
Lam Kin Wing Eddie	2201 Interest of corporation controlled by you

Thelloy Development Group (HKSE:01546) Headlines

No Headlines