Weili Holdings (HKSE:02372) Interest Expense : HK$-0.6 Mil (TTM As of Dec. 2023)

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What is Weili Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Weili Holdings's interest expense for the six months ended in Dec. 2023 was HK$ -0.6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-0.6 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. Weili Holdings's Operating Income for the six months ended in Dec. 2023 was HK$ -0.2 Mil. Weili Holdings's Interest Expense for the six months ended in Dec. 2023 was HK$ -0.6 Mil. Weili Holdings 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.

Weili Holdings Interest Expense Historical Data

The historical data trend for Weili 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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Weili Holdings Interest Expense Chart

Weili Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

-1.51

-1.39

-1.01

-0.25

-0.63

Weili Holdings Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial			-0.34	-0.25	-0.02	-	-0.63

Weili 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-0.6 Mil.

Weili Holdings (HKSE:02372) 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.

Weili Holdings's Interest Expense for the six months ended in Dec. 2023 was HK$-0.6 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$-0.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$0.0 Mil.

Weili Holdings's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Weili Holdings did not have earnings to cover the interest expense.

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

Weili Holdings (HKSE:02372) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » Weili Holdings Ltd (HKSE:02372) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

New Industrial Park, Hong’an County, Hubei Province, Mi’ersi Town, CHN

Website

http://www.weiliholdings.com

Weili Holdings Ltd is a cigarette wrapping paper manufacturer in China with research and development capabilities to supply customized products to customers. The company mainly supply products to cigarette packaging manufacturers operating in various provinces in China, mainly including Hubei and Henan. The products sold by the company are used in the manufacture of cigarette packaging for well-known tobacco brands in China.

Executives

Chen Weizhuang	2201 Interest of corporation controlled by you
City Ease Limited	2101 Beneficial owner
Liu Yuezhu	2202 Interest of your spouse
Enlighten East Limited	2101 Beneficial owner
Yong Ning Limited	2101 Beneficial owner
Yu Tianbing	2201 Interest of corporation controlled by you
Zhou Huaqin	2202 Interest of your spouse

Weili Holdings (HKSE:02372) Headlines

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