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Best Mart 360 Holdings (HKSE:02360) Interest Expense : HK$-10 Mil (TTM As of Sep. 2023)


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What is Best Mart 360 Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Best Mart 360 Holdings's interest expense for the six months ended in Sep. 2023 was HK$ -5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was HK$-10 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. Best Mart 360 Holdings's Operating Income for the six months ended in Sep. 2023 was HK$ 135 Mil. Best Mart 360 Holdings's Interest Expense for the six months ended in Sep. 2023 was HK$ -5 Mil. Best Mart 360 Holdings's Interest Coverage for the quarter that ended in Sep. 2023 was 27.49. 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.

Best Mart 360 Holdings Interest Expense Historical Data

The historical data trend for Best Mart 360 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.

* Premium members only.

Best Mart 360 Holdings Interest Expense Chart

Best Mart 360 Holdings Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Interest Expense
Get a 7-Day Free Trial -3.24 -3.41 -11.06 -9.92 -7.31

Best Mart 360 Holdings Semi-Annual Data
Mar16 Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 -3.82 -3.49 -3.49 -5.22 -4.91

Best Mart 360 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-10 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.

Best Mart 360 Holdings  (HKSE:02360) 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.

Best Mart 360 Holdings's Interest Expense for the six months ended in Sep. 2023 was HK$-5 Mil. Its Operating Income for the six months ended in Sep. 2023 was HK$135 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2023 was HK$130 Mil.

Best Mart 360 Holdings's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2023 )/Interest Expense (Q: Sep. 2023 )
=-1*134.817/-4.905
=27.49

* 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.

Best Mart 360 Holdings (HKSE:02360) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Best Mart 360 Holdings Ltd (HKSE:02360) » Definitions » Interest Expense
Comparable Companies
HKSE:02258 HKSE:01576 HKSE:08502 HKSE:01823 HKSE:01052 HKSE:00697 HKSE:00737 HKSE:00152 WMT COST WALMEX TGT BOM:540376 DG DLTR TSX:DOL TSE:7532 BJ MIC:MGNT LSE:BME
Traded in Other Exchanges
BMTHF:USA
Address
No. 108 Wai Yip Street, 11th Floor, C-Bons International Center, Kowloon, Hong Kong, HKG
Website
https://www.bestmart360.com
Best Mart 360 Holdings Ltd is a leisure food retailer operating chain retail stores under its stores Best Mart 360 and FoodVille. The company is engaged in retail sales of food and beverage, household and personal care products in Hong Kong, Macau and People's Republic of China. The company generates majority of the revenue from Hong Kong.
Executives
China Merchants Group Limited 2201 Interest of corporation controlled by you
China Merchants Hoi Tung Trading Company Limited 2106 Person having a security interest in shares
United East Global Limited 2101 Beneficial owner
Universal Tycoon Limited 2101 Beneficial owner
Sino Sea Enterprises Limited 2101 Beneficial owner
Hui Ngai Fan 2201 Interest of corporation controlled by you
Lin Tsz Fung 2201 Interest of corporation controlled by you
Sea Wealth Ventures Limited 2101 Beneficial owner
Giant Blessing Global Limited 2101 Beneficial owner
Lee Wai Bing 2202 Interest of your spouse

Best Mart 360 Holdings (HKSE:02360) Headlines

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