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Jinhai Medical Technology (HKSE:02225) Interest Expense : HK$-3.0 Mil (TTM As of Jun. 2024)


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What is Jinhai Medical Technology Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Jinhai Medical Technology's interest expense for the six months ended in Jun. 2024 was HK$ -2.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was HK$-3.0 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. Jinhai Medical Technology's Operating Income for the six months ended in Jun. 2024 was HK$ -37.2 Mil. Jinhai Medical Technology's Interest Expense for the six months ended in Jun. 2024 was HK$ -2.0 Mil. Jinhai Medical Technology 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.

Jinhai Medical Technology Interest Expense Historical Data

The historical data trend for Jinhai Medical Technology'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.

Jinhai Medical Technology Interest Expense Chart

Jinhai Medical Technology Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.51 -1.83 -0.76 -0.49 -1.30

Jinhai Medical Technology Semi-Annual Data
Dec14 Dec15 Dec16 Jun17 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 Premium Member Only Premium Member Only -0.14 -0.35 -0.28 -1.01 -2.01

Jinhai Medical Technology 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$-3.0 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.

Jinhai Medical Technology  (HKSE:02225) 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.

Jinhai Medical Technology's Interest Expense for the six months ended in Jun. 2024 was HK$-2.0 Mil. Its Operating Income for the six months ended in Jun. 2024 was HK$-37.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was HK$17.6 Mil.

Jinhai Medical Technology's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Jinhai Medical Technology 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.

Jinhai Medical Technology Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Jinhai Medical Technology Ltd (HKSE:02225) » Definitions » Interest Expense
Comparable Companies
HKSE:06100 HKSE:02180 HKSE:06919 HKSE:08031 HKSE:08042 HKSE:08462 HKSE:08293 ADP TSE:6098 PAYX XAMS:RAND RHI BZ XSWX:ADEN TNET NSP MAN TSE:2181 KFY TSE:6028
Traded in Other Exchanges
N/A
Address
31 Sungei Kadut Avenue, Singapore, SGP, 729660
Website
https://www.jin-hai.com.hk
Jinhai Medical Technology Ltd is a Singapore-based service provider that mainly provides manpower outsourcing and ancillary services to building and construction contractors in the Republic of Singapore. To a lesser extent, the Group also provides dormitory services, IT services and construction ancillary services (which comprise warehousing services, cleaning services and building maintenance works). The maximum revenue is derived from the Singapore.
Executives
Liu Lei 2101 Beneficial owner
Chen Guobao 2201 Interest of corporation controlled by you
Full Fortune International Co., Ltd. 2101 Beneficial owner
Jiang Xiahong 2202 Interest of your spouse

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