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Da Sen Holdings Group (HKSE:01580) Interest Expense : HK$-3.48 Mil (TTM As of Sep. 2024)


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What is Da Sen Holdings Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Da Sen Holdings Group's interest expense for the six months ended in Sep. 2024 was HK$ -1.41 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was HK$-3.48 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. Da Sen Holdings Group's Operating Income for the six months ended in Sep. 2024 was HK$ 1.87 Mil. Da Sen Holdings Group's Interest Expense for the six months ended in Sep. 2024 was HK$ -1.41 Mil. Da Sen Holdings Group's Interest Coverage for the quarter that ended in Sep. 2024 was 1.33. 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.

Da Sen Holdings Group Interest Expense Historical Data

The historical data trend for Da Sen Holdings 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.

Da Sen Holdings Group Interest Expense Chart

Da Sen Holdings Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Mar24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.29 -4.80 -4.81 -4.59 -4.28

Da Sen Holdings Group Semi-Annual Data
Dec13 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep23 Mar24 Sep24
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 -1.45 -3.46 -2.18 -2.07 -1.41

Da Sen Holdings 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-3.48 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.

Da Sen Holdings Group  (HKSE:01580) 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.

Da Sen Holdings Group's Interest Expense for the six months ended in Sep. 2024 was HK$-1.41 Mil. Its Operating Income for the six months ended in Sep. 2024 was HK$1.87 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2024 was HK$0.00 Mil.

Da Sen Holdings Group's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*1.873/-1.41
=1.33

* 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.

Da Sen Holdings Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Da Sen Holdings Group Ltd (HKSE:01580) » Definitions » Interest Expense
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HKSE:01822 HKSE:00094 HKSE:00723 HKSE:01069 HKSE:08186 HKSE:08277 HKSE:08191 OSTO:SCA A UFPI SSD TSX:WFG BCC TSX:SJ BOM:532548 SZSE:002043 XLIS:COR TSX:CFP BSP:DXCO3 SZSE:000592 SZSE:000910
Traded in Other Exchanges
N/A
Address
Economic Development Zone, Sunsi Town, Chengwu, Shandong, CHN
Website
http://www.msdscn.com
Da Sen Holdings Group Ltd is an investment holding company. The principal business is the manufacture and sale of plywood products and biomass wood pellets. The company mainly operates through two segments, Manufacturing and sales of plywood and Leasing activities. The highest revenue is generated from the sales of the Plywood segment. The group's operations are located in the PRC.
Executives
Wong Tseng Hon 2101 Beneficial owner
Chai Kaw Sing 2202 Interest of your spouse
Leung Leung Wing Yee Winnie 2104 Agent
Zhang Ayang 2202 Interest of your spouse
Wang Songmao 2101 Beneficial owner
Wu Haiyan 2401 A concert party to an agreement to buy shares
Wu Shican 2401 A concert party to an agreement to buy shares
Ke Mingcai 2401 A concert party to an agreement to buy shares
Lin Qingxiong

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