G & M Holdings (HKSE:06038) Interest Expense : HK$-0.7 Mil (TTM As of Jun. 2024)

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What is G & M Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. G & M Holdings's interest expense for the six months ended in Jun. 2024 was HK$ -0.3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was HK$-0.7 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. G & M Holdings's Operating Income for the six months ended in Jun. 2024 was HK$ 32.2 Mil. G & M Holdings's Interest Expense for the six months ended in Jun. 2024 was HK$ -0.3 Mil. G & M Holdings's Interest Coverage for the quarter that ended in Jun. 2024 was 101.74. 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.

G & M Holdings Interest Expense Historical Data

The historical data trend for G & M 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.

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G & M Holdings Interest Expense Chart

G & M Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

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-0.40

-0.80

-0.35

-0.17

-0.74

G & M Holdings Semi-Annual Data
	Dec14	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Interest Expense	Get a 7-Day Free Trial															0.19	-0.49	0.32	-0.32	-0.42

G & M 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-0.7 Mil.

G & M Holdings (HKSE:06038) 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.

G & M Holdings's Interest Expense for the six months ended in Jun. 2024 was HK$-0.3 Mil. Its Operating Income for the six months ended in Jun. 2024 was HK$32.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was HK$1.6 Mil.

G & M Holdings's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Jun. 2024 )	/	Interest Expense (Q: Jun. 2024 )
	=	-1	*	32.151	/	-0.316
	=	101.74

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

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. G & M Holdings Ltd has enough cash to cover all of its debt. Its financial situation is stable.

G & M Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » G & M Holdings Ltd (HKSE:06038) » Definitions » Interest Expense

Comparable Companies

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Address

77–81 Container Port Road, Magnet Place Tower I, 11th Floor, Kwai Chung, New Territoties, Hong Kong, HKG

Website

https://www.gm-eng.com.hk

G & M Holdings Ltd is an investment holding company. It provides one-stop design and builds solutions, as well as repair and maintenance services in relation to podium facade and curtain wall works in Hong Kong. The group operates in Hong Kong and the PRC. All of the group's revenue is derived from Hong Kong.

Executives

Lam Suk Yee Patricia

2202 Interest of your spouse

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