GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Vesync Co Ltd (HKSE:02148) » Definitions » Interest Expense

Vesync Co (HKSE:02148) Interest Expense : HK$-27 Mil (TTM As of Dec. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Vesync Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Vesync Co's interest expense for the six months ended in Dec. 2024 was HK$ -19 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was HK$-27 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. Vesync Co's Operating Income for the six months ended in Dec. 2024 was HK$ 433 Mil. Vesync Co's Interest Expense for the six months ended in Dec. 2024 was HK$ -19 Mil. Vesync Co's Interest Coverage for the quarter that ended in Dec. 2024 was 22.21. 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.

Vesync Co Interest Expense Historical Data

The historical data trend for Vesync Co'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.

Vesync Co Interest Expense Chart

Vesync Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial -8.84 -5.95 -13.17 -11.97 -26.65

Vesync Co Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 -6.31 -7.25 -4.74 -7.19 -19.49

Vesync Co 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-27 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.

Vesync Co  (HKSE:02148) 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.

Vesync Co's Interest Expense for the six months ended in Dec. 2024 was HK$-19 Mil. Its Operating Income for the six months ended in Dec. 2024 was HK$433 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was HK$54 Mil.

Vesync Co's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*432.916/-19.488
=22.21

* 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.

Vesync Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Vesync Co Ltd (HKSE:02148) » Definitions » Interest Expense
Comparable Companies
HKSE:02420 HKSE:02209 HKSE:01137 HKSE:02101 HKSE:01020 HKSE:00620 HKSE:01039 AMZN BABA PDD MELI HKSE:03690 SE JD CPNG JSE:NPN EBAY TSE:4689 BOM:543320 CHWY
Traded in Other Exchanges
N/A
Address
1001 Zhongshan Park Road, Room 501–502, Block F3, TCL International E City, Nanshan District, Guangdong Province, Shenzhen, CHN
Website
https://www.vesync.com
Vesync focuses on online marketing and sale of self-designed and self-developed small home appliances and smart home devices to North American, European and Asian markets. In 2024, around 75% of sales was generated through Amazon, and the remainder came from other e-commerce platforms and offline retailers. The company owns three core brands: Levoit for home environment appliances, Etekcity for smart home gadgets, health monitoring devices, outdoor recreation products, and personal-care products, and Cosori for kitchen and dining appliances.
Executives
Yang Lin
Xu Bo
North Point Trust Company L.l.c.
Karis I Llc
Karis Ii Llc
Yang Hai
Yang Yuzheng
Chen Shuyong
Li Jisu
Caerus Co., Ltd
Siempre Ptc Llc
Swcs Trust Limited 2301 Trustee
Hhlr Advisors, Ltd. 2102 Investment manager
Hhlr Fund, L.p. 2101 Beneficial owner

Vesync Co Headlines

No Headlines