Maiyue Technology (HKSE:02501) Interest Expense : HK$-11.5 Mil (TTM As of Dec. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Maiyue Technology Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Maiyue Technology's interest expense for the six months ended in Dec. 2023 was HK$ -11.5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-11.5 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. Maiyue Technology's Operating Income for the six months ended in Dec. 2023 was HK$ 36.1 Mil. Maiyue Technology's Interest Expense for the six months ended in Dec. 2023 was HK$ -11.5 Mil. Maiyue Technology's Interest Coverage for the quarter that ended in Dec. 2023 was 3.15. 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.

Maiyue Technology Interest Expense Historical Data

The historical data trend for Maiyue 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.

Maiyue Technology Interest Expense Chart

Maiyue Technology Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Interest Expense

-6.12

-9.74

-9.95

-11.47

Maiyue Technology Semi-Annual Data
	Dec20	Dec21	Dec22	Dec23
Interest Expense	-6.12	-9.74	-9.95	-11.47

Maiyue Technology Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Interest Expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-11.5 Mil.

Maiyue Technology (HKSE:02501) 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.

Maiyue Technology's Interest Expense for the six months ended in Dec. 2023 was HK$-11.5 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$36.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$52.3 Mil.

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

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	36.143	/	-11.467
	=	3.15

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

Maiyue Technology (HKSE:02501) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Maiyue Technology Ltd (HKSE:02501) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

9 Gehai Road, Room 806, 8th Floor, Office Area, Block B, East Tower, Guangxi, Guangxi Sports Centre Supporting Project Complex, Nanning, CHN

Website

http://www.maiyuesoft.com

Maiyue Technology Ltd is an integrated IT solutions services provider in the education and government IT solutions markets in Guangxi. It primarily focuses on the provision of customized integrated IT solutions services to customers in the education sector, primarily offline formal public education institutions, for the purpose of digitalized campus development. It aims to utilize technologies in its products and services to assist education institutions in opening up and connecting different departments, functions and facilities of campus in a single platform, realizing the integration and utilization of data from multiple sources, which improves the overall campus experience and effectiveness of teaching and learning.

Executives

Deep Blue Ocean Electronics Technology Limited	2101 Beneficial owner
Deng Caidie	2201 Interest of corporation controlled by you
He Deling	2202 Interest of your spouse
Kong Xiaoyan	2202 Interest of your spouse
Li Changqing	2201 Interest of corporation controlled by you
Wang Yufei	2201 Interest of corporation controlled by you
Xu Tao	2202 Interest of your spouse
Yang Zihan	2202 Interest of your spouse
Zhang Guangbai	2201 Interest of corporation controlled by you
Canwest Profits Limited	2101 Beneficial owner
Ng Ling Ling	2202 Interest of your spouse
Chan Eong Liat Jason	2201 Interest of corporation controlled by you
Koh Lik Ching	2202 Interest of your spouse
Million Oak Limited	2101 Beneficial owner
Ye Shanmin	2201 Interest of corporation controlled by you

Maiyue Technology (HKSE:02501) Headlines

No Headlines