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ArtGo Holdings (HKSE:03313) Interest Expense : HK$-22.57 Mil (TTM As of Dec. 2023)


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What is ArtGo Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. ArtGo Holdings's interest expense for the six months ended in Dec. 2023 was HK$ -11.38 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-22.57 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. ArtGo Holdings's Operating Income for the six months ended in Dec. 2023 was HK$ -22.99 Mil. ArtGo Holdings's Interest Expense for the six months ended in Dec. 2023 was HK$ -11.38 Mil. ArtGo 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.


ArtGo Holdings Interest Expense Historical Data

The historical data trend for ArtGo 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.

ArtGo Holdings Interest Expense Chart

ArtGo Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -50.34 -66.24 -56.05 -27.10 -22.57

ArtGo Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 Premium Member Only -28.19 -17.82 -10.12 -11.19 -11.38

ArtGo 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$-22.57 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.


ArtGo Holdings  (HKSE:03313) 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.

ArtGo Holdings's Interest Expense for the six months ended in Dec. 2023 was HK$-11.38 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$-22.99 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$300.90 Mil.

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

ArtGo Holdings 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.


ArtGo Holdings (HKSE:03313) Business Description

Traded in Other Exchanges
N/A
Address
No. 728 Yan'an West Road, Room E, 6th Floor, Changning District, Shanghai, CHN
ArtGo Holdings Ltd is engaged n mining, processing, trading, and sales of marble stones and warehouse logistics business. The company operates in two business segments. The marble products segment produces marble stone products and calcium carbonate products mainly for further processing or trading, and the other segment includes the trading of commodities, and provision of warehousing and logistics services Geographically, the group derives revenue from the PRC.
Executives
Wu Hailong 2101 Beneficial owner
Casado Co., Limited 2101 Beneficial owner
Ma Boyun 2201 Interest of corporation controlled by you
Xu Xiaodong 2106 Person having a security interest in shares
Gu Weiwen
Zhang Jian
Tong Sui Lun Franco 2101 Beneficial owner

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