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Lotus Horizon Holdings (HKSE:06063) Interest Expense : HK$-0.6 Mil (TTM As of Sep. 2024)


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What is Lotus Horizon Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Lotus Horizon Holdings's interest expense for the six months ended in Sep. 2024 was HK$ -0.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was HK$-0.6 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. Lotus Horizon Holdings's Operating Income for the six months ended in Sep. 2024 was HK$ 0.8 Mil. Lotus Horizon Holdings's Interest Expense for the six months ended in Sep. 2024 was HK$ -0.1 Mil. Lotus Horizon Holdings's Interest Coverage for the quarter that ended in Sep. 2024 was 9.91. 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.

Lotus Horizon Holdings Interest Expense Historical Data

The historical data trend for Lotus Horizon 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.

Lotus Horizon Holdings Interest Expense Chart

Lotus Horizon Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial -1.45 -0.95 -0.73 -1.31 -1.45

Lotus Horizon Holdings Semi-Annual Data
Mar17 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 -0.45 -0.86 -0.89 -0.55 -0.08

Lotus Horizon 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$-0.6 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.

Lotus Horizon Holdings  (HKSE:06063) 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.

Lotus Horizon Holdings's Interest Expense for the six months ended in Sep. 2024 was HK$-0.1 Mil. Its Operating Income for the six months ended in Sep. 2024 was HK$0.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2024 was HK$0.3 Mil.

Lotus Horizon 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*0.803/-0.081
=9.91

* 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.

Lotus Horizon Holdings Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Lotus Horizon Holdings Ltd (HKSE:06063) » Definitions » Interest Expense
Comparable Companies
HKSE:01903 HKSE:08629 HKSE:08305 HKSE:01301 HKSE:00406 HKSE:02163 HKSE:00896 HKSE:08021 HKSE:09639 HKSE:02863 XPAR:DG NSE:LT PWR SHSE:601668 TSX:WSP SHSE:601390 HKSE:01800 EME XPAR:EN J
Traded in Other Exchanges
N/A
Address
3 On Yiu Street, 21st Floor, Delta House, Shatin, New Territories, Hong Kong, HKG
Website
http://www.lotushorizonholdings.com
Lotus Horizon Holdings Ltd is a subcontractor engaged in the provision of design, supply, and installation services for facade work and building metal finishing work projects in Hong Kong. The company provides its services for commercial properties, residential properties, and public facilities in Hong Kong, including public facilities projects initiated by the Hong Kong Government and residential and commercial properties with distinguished and remarkable designs. The company's operating segments are Facade works projects, which is the key revenue-driving business, and Building metal finishing works projects.
Executives
Dai Wing Yi Marjor 2202 Interest of your spouse
Platinum Lotus Holdings Limited 2101 Beneficial owner
Chu Kwok Fun 2201 Interest of corporation controlled by you

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