Jiujiuwang Food International (HKSE:01927) Interest Expense : HK$-14.8 Mil (TTM As of Jun. 2024)

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What is Jiujiuwang Food International Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Jiujiuwang Food International's interest expense for the six months ended in Jun. 2024 was HK$ -7.5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was HK$-14.8 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. Jiujiuwang Food International's Operating Income for the six months ended in Jun. 2024 was HK$ 22.3 Mil. Jiujiuwang Food International's Interest Expense for the six months ended in Jun. 2024 was HK$ -7.5 Mil. Jiujiuwang Food International's Interest Coverage for the quarter that ended in Jun. 2024 was 2.97. 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.

Jiujiuwang Food International Interest Expense Historical Data

The historical data trend for Jiujiuwang Food International'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.

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Jiujiuwang Food International Interest Expense Chart

Jiujiuwang Food International Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

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-16.16

-15.04

-14.61

-14.86

-14.77

Jiujiuwang Food International Semi-Annual Data
	Dec17	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Interest Expense	Get a 7-Day Free Trial								-7.57	-7.46	-7.40	-7.52	-7.31

Jiujiuwang Food International 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-14.8 Mil.

Jiujiuwang Food International (HKSE:01927) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Jiujiuwang Food International's Interest Expense for the six months ended in Jun. 2024 was HK$-7.5 Mil. Its Operating Income for the six months ended in Jun. 2024 was HK$22.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was HK$104.5 Mil.

Jiujiuwang Food International's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Jun. 2024 )	/	Interest Expense (Q: Jun. 2024 )
	=	-1	*	22.3	/	-7.519
	=	2.97

The higher the ratio, the stronger the company's financial strength is.

Jiujiuwang Food International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Jiujiuwang Food International Ltd (HKSE:01927) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 398 Ping An East Road, Luoshan Street, Xukeng Industrial Zone, Fujian Province, Jinjiang, CHN

Website

http://www.jiujiuwang.com

Jiujiuwang Food International Ltd is a manufacturer of confectionary products. The company manufactures and sells confectionary products, including gum-based candies, tablet candies, aerated candies, and hard candies. The company derives majority of its revenue from the PRC.

Executives

Hong Mali
Su Li
Wu Zihong
Zheng Guodian
Zheng Guosi
Zheng Zhenzhong
Haisen International Limited
Xiejia Limited
Jianeng International Limited

Jiujiuwang Food International Headlines

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