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Ruihe Data Technology Holdings (HKSE:03680) Interest Expense : HK$-8.4 Mil (TTM As of Dec. 2023)


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What is Ruihe Data Technology Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ruihe Data Technology Holdings's interest expense for the six months ended in Dec. 2023 was HK$ -4.7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-8.4 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. Ruihe Data Technology Holdings's Operating Income for the six months ended in Dec. 2023 was HK$ -27.4 Mil. Ruihe Data Technology Holdings's Interest Expense for the six months ended in Dec. 2023 was HK$ -4.7 Mil. Ruihe Data Technology 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.


Ruihe Data Technology Holdings Interest Expense Historical Data

The historical data trend for Ruihe Data Technology 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.

Ruihe Data Technology Holdings Interest Expense Chart

Ruihe Data Technology Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -4.78 -5.65 -10.33 -9.03 -8.44

Ruihe Data Technology Holdings Semi-Annual Data
Dec16 Dec17 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 -6.92 -4.68 -4.57 -3.78 -4.65

Ruihe Data Technology 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$-8.4 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.


Ruihe Data Technology Holdings  (HKSE:03680) 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.

Ruihe Data Technology Holdings's Interest Expense for the six months ended in Dec. 2023 was HK$-4.7 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$-27.4 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$17.7 Mil.

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

Ruihe Data Technology 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.


Ruihe Data Technology Holdings (HKSE:03680) Business Description

Traded in Other Exchanges
N/A
Address
Cangqian Street, Room 4101, 41st Floor, Building 2, Euro-American Financial City, Yuhang District, Zhejiang Province, Hangzhou, CHN
Ruihe Data Technology Holdings Ltd formerly Suoxinda Holdings Ltd is engaged in the provision of data solutions, sales of hardware and software, and related services as an integrated service, as well as information technology maintenance and support services. It derives maximum revenue from Data solutions.
Executives
Xue Shouguang 2201 Interest of corporation controlled by you
Mindas Touch Global Limited 2101 Beneficial owner
Shen Zhen Shi Gao Sheng Da Lv You Qi Che Fu Wu You Xian Gong Si 2101 Beneficial owner
Wang Donglin 2201 Interest of corporation controlled by you
Treasure Tree Asia Holdings Co. Ltd 2101 Beneficial owner
Chen Weiping 2202 Interest of your spouse
Wu Xinlan 2202 Interest of your spouse
Chen Zhenping 2101 Beneficial owner
Wang Donglin 2101 Beneficial owner
Ideal Treasure Holdings Limited 2101 Beneficial owner
Wu Xiaohua 2201 Interest of corporation controlled by you
Chi Xianfang 2202 Interest of your spouse
Huatai Securities Co., Ltd. 2201 Interest of corporation controlled by you
Song Hongtao 2101 Beneficial owner
Benefit Ocean Holdings Limited 2101 Beneficial owner

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