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Minshang Creative Technology Holdings (HKSE:01632) Interest Expense : HK$-0.01 Mil (TTM As of Mar. 2024)


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What is Minshang Creative Technology Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Minshang Creative Technology Holdings's interest expense for the six months ended in Mar. 2024 was HK$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was HK$-0.01 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. Minshang Creative Technology Holdings's Operating Income for the six months ended in Mar. 2024 was HK$ -7.49 Mil. Minshang Creative Technology Holdings's Interest Expense for the six months ended in Mar. 2024 was HK$ 0.00 Mil. Minshang Creative Technology Holdings has no long-term debt (1). 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.


Minshang Creative Technology Holdings Interest Expense Historical Data

The historical data trend for Minshang Creative Technology 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.

Minshang Creative Technology Holdings Interest Expense Chart

Minshang Creative Technology Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.84 -1.87 -0.91 -0.06 -0.03

Minshang Creative Technology Holdings Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 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 -0.15 0.09 -0.03 - -0.01

Minshang Creative Technology 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 Mar. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-0.01 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.


Minshang Creative Technology Holdings  (HKSE:01632) 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.

Minshang Creative Technology Holdings's Interest Expense for the six months ended in Mar. 2024 was HK$0.00 Mil. Its Operating Income for the six months ended in Mar. 2024 was HK$-7.49 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2024 was HK$0.00 Mil.

Minshang Creative Technology Holdings's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Minshang Creative Technology Holdings had no long-term debt (1).

* 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.


Minshang Creative Technology Holdings Business Description

Traded in Other Exchanges
N/A
Address
89 Queensway, Unit 4203, 42nd Floor, Tower One Lippo Centre, Admiralty, Hong Kong, HKG
Minshang Creative Technology Holdings Ltd is an investment holding company. The company's operating segment includes the Vietnamese-style restaurant business in Hong Kong, Trading business in the PRC, and IT solution business. It generates maximum revenue from the Trading business segment. The Trading business segment focuses on offering 3C electronic products, frozen foods, and grain and oil products. Geographically, it derives a majority of revenue from China.
Executives
Chen Jiliang 2202 Interest of your spouse
Cikz Holdings Limited 2101 Beneficial owner
Zhong Kaixin 2201 Interest of corporation controlled by you
Min Sheng Dian Shang Kong Gu Shen Zhen You Xian Gong Si

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