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JBM (Healthcare) (HKSE:02161) Interest Expense : HK$-7.3 Mil (TTM As of Sep. 2024)


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What is JBM (Healthcare) Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. JBM (Healthcare)'s interest expense for the six months ended in Sep. 2024 was HK$ -2.9 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was HK$-7.3 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. JBM (Healthcare)'s Operating Income for the six months ended in Sep. 2024 was HK$ 112.8 Mil. JBM (Healthcare)'s Interest Expense for the six months ended in Sep. 2024 was HK$ -2.9 Mil. JBM (Healthcare)'s Interest Coverage for the quarter that ended in Sep. 2024 was 38.42. 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.


JBM (Healthcare) Interest Expense Historical Data

The historical data trend for JBM (Healthcare)'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.

JBM (Healthcare) Interest Expense Chart

JBM (Healthcare) Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial -0.85 -7.41 -6.41 -8.21 -8.50

JBM (Healthcare) Semi-Annual Data
Mar18 Mar19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -3.37 -4.84 -4.14 -4.36 -2.94

JBM (Healthcare) 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 Sep. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-7.3 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.


JBM (Healthcare)  (HKSE:02161) 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.

JBM (Healthcare)'s Interest Expense for the six months ended in Sep. 2024 was HK$-2.9 Mil. Its Operating Income for the six months ended in Sep. 2024 was HK$112.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2024 was HK$6.7 Mil.

JBM (Healthcare)'s Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*112.811/-2.936
=38.42

* 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.


JBM (Healthcare) Business Description

Traded in Other Exchanges
N/A
Address
108 Wai Yip Street, Units 808-811, 8 floor, C-Bons International Centre, Kwun Tong, Kowloon, Hong Kong, HKG
JBM (Healthcare) Ltd markets and distributes healthcare products. The company's operating segment includes Branded medicines; Proprietary Chinese medicines and Health and wellness products. It generates maximum revenue from the Proprietary Chinese medicines segment. The Proprietary Chinese medicines segment develops, manufactures, and distributes registered Chinese medicines composed solely of any Chinese herbal medicines specified in the Chinese Medicine Ordinance, or any materials of herbal, animal, or mineral origin customarily or widely used by the Chinese. Geographically, it derives a majority of its revenue from Hong Kong.
Executives
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New Heritage Healthcare Limited 2101 Beneficial owner
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Longjin Investments Limited 2101 Beneficial owner

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