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AM Group Holdings (HKSE:01849) Interest Expense : HK$-0.9 Mil (TTM As of Dec. 2023)


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What is AM Group Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. AM Group Holdings's interest expense for the six months ended in Dec. 2023 was HK$ -0.4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-0.9 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. AM Group Holdings's Operating Income for the six months ended in Dec. 2023 was HK$ -1.7 Mil. AM Group Holdings's Interest Expense for the six months ended in Dec. 2023 was HK$ -0.4 Mil. AM Group 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.


AM Group Holdings Interest Expense Historical Data

The historical data trend for AM Group 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.

AM Group Holdings Interest Expense Chart

AM Group Holdings Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Interest Expense
Get a 7-Day Free Trial -0.28 -0.37 -0.39 -0.77 -1.29

AM Group Holdings Semi-Annual Data
Jun16 Jun17 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 Premium Member Only -0.21 -0.57 -0.75 -0.53 -0.41

AM Group 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$-0.9 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.


AM Group Holdings  (HKSE:01849) 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.

AM Group Holdings's Interest Expense for the six months ended in Dec. 2023 was HK$-0.4 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$-1.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$10.0 Mil.

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

AM Group 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.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. AM Group Holdings Ltd interest coverage is 3.9, which is low.


AM Group Holdings (HKSE:01849) Business Description

Traded in Other Exchanges
N/A
Address
60 Paya Lebar Road, No.12 - 51/52, Paya Lebar Square, Singapore City, SGP, 409051
AM Group Holdings Ltd is engaged in providing online marketing services in Singapore. The company's segment consists of Search engine marketing services, Creative and technology services, Social media marketing services, and Online e-commerce platform operations. The company generates the majority of its revenue from the Online e-commerce platform operation segment which is engaged in technical services, commission for transaction proceeds, and marketing services on the online e-commerce platform in the PRC.
Executives
Yeung Kelvin 2101 Beneficial owner
Teo Li Lian 2202 Interest of your spouse
Sim Hak Chor 2101 Beneficial owner
Activa Media Investment Limited 2101 Beneficial owner
Teo Kuo Liang 2201 Interest of corporation controlled by you

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