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Dragon Rise Group Holdings (HKSE:06829) Interest Expense : HK$-3 Mil (TTM As of Sep. 2024)


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What is Dragon Rise Group Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Dragon Rise Group Holdings's interest expense for the six months ended in Sep. 2024 was HK$ -2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was HK$-3 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. Dragon Rise Group Holdings's Operating Income for the six months ended in Sep. 2024 was HK$ 8 Mil. Dragon Rise Group Holdings's Interest Expense for the six months ended in Sep. 2024 was HK$ -2 Mil. Dragon Rise Group Holdings's Interest Coverage for the quarter that ended in Sep. 2024 was 3.87. 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.

Dragon Rise Group Holdings Interest Expense Historical Data

The historical data trend for Dragon Rise Group 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.

Dragon Rise Group Holdings Interest Expense Chart

Dragon Rise Group Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.82 -0.77 -0.55 -0.19 -1.00

Dragon Rise Group Holdings Semi-Annual Data
Mar15 Mar16 Sep16 Mar17 Sep17 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.08 -0.11 -0.14 -0.86 -2.11

Dragon Rise Group 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$-3 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.

Dragon Rise Group Holdings  (HKSE:06829) 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.

Dragon Rise Group Holdings's Interest Expense for the six months ended in Sep. 2024 was HK$-2 Mil. Its Operating Income for the six months ended in Sep. 2024 was HK$8 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2024 was HK$3 Mil.

Dragon Rise Group 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*8.163/-2.111
=3.87

* 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.

Dragon Rise Group Holdings Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Dragon Rise Group Holdings Ltd (HKSE:06829) » Definitions » Interest Expense
Comparable Companies
HKSE:01865 HKSE:01707 HKSE:01459 HKSE:01615 HKSE:01559 HKSE:00994 HKSE:01253 HKSE:00368 HKSE:08305 HKSE:08188 XPAR:DG NSE:LT PWR SHSE:601668 TSX:WSP EME SHSE:601390 HKSE:01800 J SHSE:601186
Traded in Other Exchanges
N/A
Address
1 Science Museum Road, Unit 09, 28th Floor, North Tower, Concordia Plaza, Tsim Sha Tsui, Kowloon, Hong Kong, HKG
Website
http://www.kitkee.com.hk
Dragon Rise Group Holdings Ltd is an investment holding company. It is a subcontractor for foundation engineering services. Geographically, it derives revenue from Hong Kong. The company principally provides excavation and lateral support works, pile cap construction works, and the disposal of excavated materials from piling and ancillary services, including dismantling of shoring, site formation, steel fixing and site clearance, in Hong Kong.
Executives
Fame Circle Limited 2101 Beneficial owner
Yip Lai Ping 2202 Interest of your spouse
Yip Yuk Kit 2201 Interest of corporation controlled by you

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