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King's Flair International (Holdings) (HKSE:06822) Interest Expense : HK$-7.7 Mil (TTM As of Dec. 2023)


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What is King's Flair International (Holdings) Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. King's Flair International (Holdings)'s interest expense for the six months ended in Dec. 2023 was HK$ -4.3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-7.7 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. King's Flair International (Holdings)'s Operating Income for the six months ended in Dec. 2023 was HK$ 3.6 Mil. King's Flair International (Holdings)'s Interest Expense for the six months ended in Dec. 2023 was HK$ -4.3 Mil. King's Flair International (Holdings)'s Interest Coverage for the quarter that ended in Dec. 2023 was 0.83. 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.


King's Flair International (Holdings) Interest Expense Historical Data

The historical data trend for King's Flair 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.

King's Flair International (Holdings) Interest Expense Chart

King's Flair International (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 -1.93 -1.40 -1.41 -2.56 -7.66

King's Flair International (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 -0.77 -0.65 -1.91 -3.34 -4.32

King's Flair 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$-7.7 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.


King's Flair International (Holdings)  (HKSE:06822) 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.

King's Flair International (Holdings)'s Interest Expense for the six months ended in Dec. 2023 was HK$-4.3 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$3.6 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$25.1 Mil.

King's Flair 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*3.607/-4.32
=0.83

* 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.


King's Flair International (Holdings) (HKSE:06822) Business Description

Traded in Other Exchanges
N/A
Address
3 Connaught Road West, 12th Floor, Yardley Commercial Building, Sheung Wan, Hong Kong, HKG
King's Flair International (Holdings) Ltd is an integrated one-stop kitchenware and household product solution provider. The core products of the group include kitchenware and household products, drinkware, tools and gadgets, bakeware and accessories, and food preparation products. The company operates across the United States, Europe, Asia, Canada, and other locations. It operates in two segments, the trading of kitchenware and household products, which is the key revenue-generating segment, and the trading of raw materials.

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