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Yun Lee Marine Group Holdings (HKSE:02682) Interest Expense : HK$-0.8 Mil (TTM As of Sep. 2024)


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What is Yun Lee Marine Group Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Yun Lee Marine Group Holdings's interest expense for the six months ended in Sep. 2024 was HK$ -0.4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was HK$-0.8 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. Yun Lee Marine Group Holdings's Operating Income for the six months ended in Sep. 2024 was HK$ 18.2 Mil. Yun Lee Marine Group Holdings's Interest Expense for the six months ended in Sep. 2024 was HK$ -0.4 Mil. Yun Lee Marine Group Holdings's Interest Coverage for the quarter that ended in Sep. 2024 was 43.23. 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.


Yun Lee Marine Group Holdings Interest Expense Historical Data

The historical data trend for Yun Lee Marine 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.

* Premium members only.

Yun Lee Marine Group Holdings Interest Expense Chart

Yun Lee Marine Group Holdings Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial Premium Member Only -0.10 -0.07 -0.11 -0.06 -0.82

Yun Lee Marine Group Holdings Semi-Annual Data
Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 -0.05 -0.01 -0.48 -0.34 -0.42

Yun Lee Marine 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 Sep. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-0.8 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.


Yun Lee Marine Group Holdings  (HKSE:02682) 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.

Yun Lee Marine Group Holdings's Interest Expense for the six months ended in Sep. 2024 was HK$-0.4 Mil. Its Operating Income for the six months ended in Sep. 2024 was HK$18.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2024 was HK$4.1 Mil.

Yun Lee Marine Group Holdings's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*18.242/-0.422
=43.23

* 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.


Yun Lee Marine Group Holdings Business Description

Traded in Other Exchanges
N/A
Address
10 Cheung Yue Street, Flat D, 31st Floor, Billion Plaza II, Kowloon, Cheung Sha Wan, Hong Kong, HKG
Yun Lee Marine Group Holdings Ltd is a maritime services provider. The company's operating segment includes Vessel chartering and related services, Marine construction services and Ship management services. It generates maximum revenue from the Vessel chartering and related services segment. Vessel chartering and related services segment provide vessel chartering services mainly to contractors for construction projects in Hong Kong, including time chartering representing the hiring of vessel and crew for a specific period of time and voyage chartering representing the hiring of vessel and crew for a specific voyage between two designated locations. The Company provides ship management services for the provision of crew members for daily operation and the repair and maintenance services.
Executives
Chan Sau Ling Amy 2202 Interest of your spouse
Kitling Investments (bvi) Limited 2101 Beneficial owner
Wen Tsz Kit Bondy 2201 Interest of corporation controlled by you
Novel Choice Ventures Limited 2101 Beneficial owner
Tang Yiu Chi James 2201 Interest of corporation controlled by you

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