TK Group (Holdings) (HKSE:02283) Interest Expense : HK$-7 Mil (TTM As of Jun. 2024)

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What is TK Group (Holdings) Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. TK Group (Holdings)'s interest expense for the six months ended in Jun. 2024 was HK$ -2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was HK$-7 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. TK Group (Holdings)'s Operating Income for the six months ended in Jun. 2024 was HK$ 100 Mil. TK Group (Holdings)'s Interest Expense for the six months ended in Jun. 2024 was HK$ -2 Mil. TK Group (Holdings)'s Interest Coverage for the quarter that ended in Jun. 2024 was 41.52. 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.

TK Group (Holdings) Interest Expense Historical Data

The historical data trend for TK Group (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.

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TK Group (Holdings) Interest Expense Chart

TK Group (Holdings) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-21.62

-9.99

-6.38

-10.04

-12.49

TK Group (Holdings) Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Interest Expense	Get a 7-Day Free Trial															-3.59	-6.45	-7.90	-4.58	-2.40

TK Group (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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-7 Mil.

TK Group (Holdings) (HKSE:02283) 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.

TK Group (Holdings)'s Interest Expense for the six months ended in Jun. 2024 was HK$-2 Mil. Its Operating Income for the six months ended in Jun. 2024 was HK$100 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was HK$35 Mil.

TK Group (Holdings)'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	*	99.698	/	-2.401
	=	41.52

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

TK Group (Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » TK Group (Holdings) Ltd (HKSE:02283) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

TK Technology Park, Tangjia Community, Fenghuang Sub-district Office, Guangming District, Shenzhen, CHN

Website

https://www.tkmold.com

TK Group (Holdings) Ltd is in the business of manufacturing, sales, subcontracting, fabrication, and modification of molds and plastic components. Its customers of the Group cover a wide range of industries, from automobiles to household electrical appliances to mobile phones and wearable devices, smart homes as well as medical and personal health care. It has Mold fabrication and Plastic components manufacturing segments. The plastic components manufacturing segment generates revenue for the company. The company operates in China, Southeast Asia, Hong Kong, Europe, the United States, Mexico, and other countries.

Executives

Eastern Mix Company Limited	2101 Beneficial owner
Li Pui Leung	2201 Interest of corporation controlled by you
Brown Brothers Harriman & Co.	2502 Approved lending agent
Fmr Llc	2201 Interest of corporation controlled by you
Eastern Mix Company Limited	2101 Beneficial owner
Fil Limited	2201 Interest of corporation controlled by you
Pandanus Associates Inc.	2201 Interest of corporation controlled by you
Pandanus Partners L.p.	2201 Interest of corporation controlled by you

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