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Heng Hup Holdings (HKSE:01891) Interest Expense : HK$-9 Mil (TTM As of Dec. 2023)


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What is Heng Hup Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Heng Hup Holdings's interest expense for the six months ended in Dec. 2023 was HK$ -4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-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. Heng Hup Holdings's Operating Income for the six months ended in Dec. 2023 was HK$ 20 Mil. Heng Hup Holdings's Interest Expense for the six months ended in Dec. 2023 was HK$ -4 Mil. Heng Hup Holdings's Interest Coverage for the quarter that ended in Dec. 2023 was 4.73. 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.

Heng Hup Holdings Interest Expense Historical Data

The historical data trend for Heng Hup 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.

Heng Hup Holdings Interest Expense Chart

Heng Hup Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only -1.36 -1.62 -2.98 -4.32 -7.03

Heng Hup Holdings Semi-Annual Data
Dec15 Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 -1.99 -2.35 -2.74 -4.32 -5.05

Heng Hup 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$-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.

Heng Hup Holdings  (HKSE:01891) 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.

Heng Hup Holdings's Interest Expense for the six months ended in Dec. 2023 was HK$-4 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$20 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$31 Mil.

Heng Hup 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*20.41/-4.319
=4.73

* 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.

Heng Hup Holdings Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Heng Hup Holdings Ltd (HKSE:01891) » Definitions » Interest Expense
Comparable Companies
HKSE:03816 HKSE:02060 HKSE:08027 HKSE:08133 HKSE:00822 HKSE:01721 HKSE:00929 HKSE:00976 ATI MLI XTER:TKA SHSE:688122 TPE:2474 ESAB SZSE:000039 XTER:NDA CRS WOR SHSE:601399 SHSE:603985
Traded in Other Exchanges
N/A
Address
No. 264, Jalan Satu A, Kampung Baru Subang, Shah Alam, MYS, 40150
Website
https://www.henghup.com
Heng Hup Holdings Ltd is a scrap ferrous metal trader in Malaysia. The company is mainly engaged in trading of scrap ferrous metals, used batteries, waste paper, and other scraps. Its only operating segment being trading of recycling materials. Geographically, it derives revenue from Malaysia.
Executives
Juan Sook Fong 2202 Interest of your spouse
Koo Lee Ching 2202 Interest of your spouse
Loh Hui Mei 2202 Interest of your spouse
Peong Ai Teen 2202 Interest of your spouse
Sia Keng Leong 2201 Interest of corporation controlled by you
Sia Kok Chin 2201 Interest of corporation controlled by you
Sia Kok Chong 2201 Interest of corporation controlled by you
Sia Kok Heong 2201 Interest of corporation controlled by you
Sia Kok Seng 2201 Interest of corporation controlled by you
Yang Mei Feng 2202 Interest of your spouse
5s Holdings (bvi) Limited 2101 Beneficial owner
Poon Ka Ho Stanley

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