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Lvji Technology Holdings (HKSE:01745) Interest Expense : HK$-0.3 Mil (TTM As of Dec. 2023)


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What is Lvji Technology Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Lvji Technology Holdings's interest expense for the six months ended in Dec. 2023 was HK$ -0.2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-0.3 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. Lvji Technology Holdings's Operating Income for the six months ended in Dec. 2023 was HK$ 123.3 Mil. Lvji Technology Holdings's Interest Expense for the six months ended in Dec. 2023 was HK$ -0.2 Mil. Lvji Technology Holdings's Interest Coverage for the quarter that ended in Dec. 2023 was 821.94. 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.


Lvji Technology Holdings Interest Expense Historical Data

The historical data trend for Lvji 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.

Lvji Technology Holdings Interest Expense Chart

Lvji Technology Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -0.06 -0.40 -0.22 -0.20 -0.35

Lvji Technology Holdings Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 -0.06 -0.03 -0.17 -0.20 -0.15

Lvji 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-0.3 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.


Lvji Technology Holdings  (HKSE:01745) 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.

Lvji Technology Holdings's Interest Expense for the six months ended in Dec. 2023 was HK$-0.2 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$123.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$3.3 Mil.

Lvji Technology Holdings's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*123.291/-0.15
=821.94

* 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. Lvji Technology Holdings Inc has enough cash to cover all of its debt. Its financial situation is stable.


Lvji Technology Holdings (HKSE:01745) Business Description

Traded in Other Exchanges
N/A
Address
Room 501, 238 Gaotang Road, Tianhe District, Guangzhou, CHN
Lvji Technology Holdings Inc is an online tour guide provider. The company deploys software on its cloud system to provide online tour guides with proprietary contents, which include illustrated maps of tourist attractions, editorial contents and voice-over commentaries of points of interest in the tourist attractions and are implemented to include functions such as real time navigation. It generates revenue from sales of online tour guides through OTAs.
Executives
Lu Jia Technology Holdings Limited
Zang Weizhong 2101 Beneficial owner
Mithaq Capital 2201 Interest of corporation controlled by you
Mithaq Capital Spc 2101 Beneficial owner
Mithaq Global 2201 Interest of corporation controlled by you
Zang Weizhong 2101 Beneficial owner
Fan Bao Guo 2201 Interest of corporation controlled by you
Shen Zhen Qian Hai Chun Hua Yong Tai Qi Ye Guan Li Zi Xun He Huo Qi Ye You Xian He Huo 2201 Interest of corporation controlled by you
Dong Ying Ling Long Jin Shan Tou Zi Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Dong Ying Chun Hua Zi Xun Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Sunrise Boulevard Investments Limited 2101 Beneficial owner
Fu Zhekuan 2201 Interest of corporation controlled by you
Shen Zhen Shi Qi Fu Zi Ben Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Shang Hai Qian Fu Tou Zi Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Guang Zhou Shi Jie Ming Tou Zi Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you

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