Global New Material International Holdings (HKSE:06616) Interest Expense : HK$-56 Mil (TTM As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Global New Material International Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Global New Material International Holdings's interest expense for the six months ended in Dec. 2023 was HK$ -33 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-56 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. Global New Material International Holdings's Operating Income for the six months ended in Dec. 2023 was HK$ 164 Mil. Global New Material International Holdings's Interest Expense for the six months ended in Dec. 2023 was HK$ -33 Mil. Global New Material International Holdings's Interest Coverage for the quarter that ended in Dec. 2023 was 5.02. 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.

Global New Material International Holdings Interest Expense Historical Data

The historical data trend for Global New Material International 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.

Global New Material International Holdings Interest Expense Chart

Global New Material International Holdings Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-20.56

-23.00

-14.01

-12.23

-56.26

Global New Material International Holdings Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial					-6.57	-5.82	-6.69	-23.50	-32.76

Global New Material International 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$-56 Mil.

Global New Material International Holdings (HKSE:06616) 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.

Global New Material International Holdings's Interest Expense for the six months ended in Dec. 2023 was HK$-33 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$164 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$737 Mil.

Global New Material International Holdings's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	164.317	/	-32.758
	=	5.02

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

Global New Material International Holdings (HKSE:06616) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Global New Material International Holdings Ltd (HKSE:06616) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

No. 380, Feilu Road, Pearlescent Industrial Park, Guangxi Zhuang Autonomous Region, Luzhai Town, Luzhai County, Liuzhou, CHN, 545600

Website

http://www.chesir.net

Global New Material International Holdings Ltd is engaged in the production, research and development, and sales of pearlescent materials and synthetic mica. The materials are used in diverse applications and industries, including industrial coatings, plastics, textiles and leather, cosmetics, and automotive coatings. The company generates the majority of its revenue from the sale of pearlescent pigment products.

Executives

Wang Huan	2202 Interest of your spouse
Su Ertian	2201 Interest of corporation controlled by you
Guang Xi Tou Zi Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Guang Xi Gui Dong Dian Li Gu Fen You Xian Gong Si	2101 Beneficial owner
Guang Xi Guang Tou Zheng Run Fa Zhan Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Guang Xi Lu Hai Xin Tong Dao Gu Quan Tou Zi Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you
Guang Xi Lu Hai Xin Tong Dao Gu Quan Tou Zi Guan Li Zhong Xin You Xian He Huo	2201 Interest of corporation controlled by you
Guang Xi Lu Hai Xin Tong Dao Gu Quan Tou Zi Ji Jin He Huo Qi Ye You Xian He Huo	2201 Interest of corporation controlled by you
Guang Xi Jin Rong Tou Zi Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Guang Tou Zi Ben Guan Li Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Guo Jia Kai Fa Yin Hang	2201 Interest of corporation controlled by you
You Ou Bi Tou Zi Guan Li Shang Hai You Xian Gong Si	2201 Interest of corporation controlled by you
Zhong Guo Tou Zi You Xian Ze Ren Gong Si	2201 Interest of corporation controlled by you
Guo Kai Jin Rong You Xian Ze Ren Gong Si	2201 Interest of corporation controlled by you
Zhong Yang Hui Jin Tou Zi You Xian Ze Ren Gong Si	2201 Interest of corporation controlled by you

Global New Material International Holdings (HKSE:06616) Headlines

No Headlines