IBO Technology Co (HKSE:02708) Interest Expense: HK$-21.1 Mil (TTM As of Mar. 2024)

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HKSE:02708 IBO Technology Co Ltd HKSE:02708
4 GF Score
Price HK$0.06
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What is IBO Technology Co Interest Expense?

IBO Technology Co HKSE:02708 4 Interest Expense is HK$-21.1 Mil as of Mar. 2024. GuruFocus rates HKSE:02708 with a GF Score™ of 4/100.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. IBO Technology Co's interest expense for the six months ended in Mar. 2024 was HK$ -8.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was HK$-21.1 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. IBO Technology Co's Operating Income for the six months ended in Mar. 2024 was HK$ -10.5 Mil. IBO Technology Co's Interest Expense for the six months ended in Mar. 2024 was HK$ -8.1 Mil. IBO Technology Co 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.

IBO Technology Co  (HKSE:02708) 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.

IBO Technology Co's Interest Expense for the six months ended in Mar. 2024 was HK$-8.1 Mil. Its Operating Income for the six months ended in Mar. 2024 was HK$-10.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2024 was HK$0.0 Mil.

IBO Technology Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

IBO Technology Co did not have earnings to cover the interest expense.

* 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.

IBO Technology Co Interest Expense Historical Data

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The historical data trend for IBO Technology Co'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.

IBO Technology Co Interest Expense Chart

IBO Technology Co Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -18.90 -22.55 -22.49 -21.30 -11.56

IBO Technology Co Semi-Annual Data
Mar15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Mar25
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 Premium Member Only Premium Member Only -10.16 -12.15 -13.00 -8.13 0.00
HKSE:02708
4GF Score
IBO Technology Co Ltd HKSE:02708
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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IBO Technology Co 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 Mar. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-21.1 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of HK$-21.1 Mil mean?
IBO Technology Co (HKSE:02708) has a Interest Expense of HK$-21.1 Mil as of Mar. 2024. Interest Expense is the amount a company pays on its long-term debt. View historical data on IBO Technology Co and its competitors.
Is IBO Technology Co's Interest Expense too high?
IBO Technology Co's current Interest Expense is HK$-21.1 Mil. Overall, IBO Technology Co has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does IBO Technology Co's Interest Expense compare to MSFT and ORCL?
IBO Technology Co's Interest Expense of HK$-21.1 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Software company?
A good Interest Expense depends on the Software industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on IBO Technology Co and its competitors. IBO Technology Co's current Interest Expense is HK$-21.1 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IBO Technology Co stock overvalued right now?
IBO Technology Co (HKSE:02708) has a current Interest Expense of HK$-21.1 Mil. The current Interest Expense is HK$-21.1 Mil. IBO Technology Co's overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For IBO Technology Co (HKSE:02708), the current Interest Expense is HK$-21.1 Mil as of Mar. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

IBO Technology Co Business Description

Address No. 9116 Beihuan Avenue, Level 6, Block A, Fu Wah Technology Building, Nanshan, Shenzhen, CHN
IBO Technology Co Ltd is engaged in providing the Internet of Things (IoT) intelligent terminal product applications and solutions services in the People's Republic of China. The company operates in four segments. Its System integration segment provides coordination, management, and installation services. The Intelligent terminal products sales segment is involved in the sale of intelligent terminal products. Its Software development segment develops customized software. The company's System maintenance services segment renders system maintenance services. The key revenue is derived from the Intelligent terminal products sales segment. The company earns the majority of its revenue is derived from customers located in the PRC.
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Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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