TradeGo FinTech (HKSE:08017) Interest Expense : HK$-0.56 Mil (TTM As of Sep. 2023)

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What is TradeGo FinTech Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. TradeGo FinTech's interest expense for the three months ended in Sep. 2023 was HK$ -0.12 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was HK$-0.56 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. TradeGo FinTech's Operating Income for the three months ended in Sep. 2023 was HK$ 1.00 Mil. TradeGo FinTech's Interest Expense for the three months ended in Sep. 2023 was HK$ -0.12 Mil. TradeGo FinTech's Interest Coverage for the quarter that ended in Sep. 2023 was 8.18. 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.

TradeGo FinTech Interest Expense Historical Data

The historical data trend for TradeGo FinTech'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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TradeGo FinTech Interest Expense Chart

TradeGo FinTech Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Interest Expense

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-0.10

-0.20

-0.13

-0.47

-0.61

TradeGo FinTech Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Interest Expense	Get a 7-Day Free Trial															-0.16	-0.15	-0.15	-0.14	-0.12

TradeGo FinTech 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was HK$-0.56 Mil.

TradeGo FinTech (HKSE:08017) 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.

TradeGo FinTech's Interest Expense for the three months ended in Sep. 2023 was HK$-0.12 Mil. Its Operating Income for the three months ended in Sep. 2023 was HK$1.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was HK$6.50 Mil.

TradeGo FinTech's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2023 )	/	Interest Expense (Q: Sep. 2023 )
	=	-1	*	0.998	/	-0.122
	=	8.18

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

TradeGo FinTech (HKSE:08017) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » TradeGo FinTech Ltd (HKSE:08017) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

3040 Xinghai Avenue Nanshan Street, 2808, Phase II, Qianhai Shimao Financial Center, Qianhai Shenzhen-Hong Kong Cooperation Zone, Shenzhen, CHN

Website

https://www.tradego8.com

TradeGo FinTech Ltd is a securities trading platform service provider serving mainly Hong Kong Brokerage Firms and their clients. The services offered by the company can be classified into front-office trading system services; market data services; hosting and cloud infrastructure services; SaaS services; and other value-added services. The majority of the firm's revenue gets derived from Front office trading system services.

Executives

Liao Jicheng	2101 Beneficial owner
Zhang Wenhua	2101 Beneficial owner
Ye Liqin	2202 Interest of your spouse
Lu Ximeng	2202 Interest of your spouse
Liu Xiaoming	2202 Interest of your spouse
Liu Yong	2401 A concert party to an agreement to buy shares
Chen Zhaoxia	2202 Interest of your spouse
Wan Yong	2401 A concert party to an agreement to buy shares
Coast Flagship Investment Spc – Harvest Ipo Mixed Strategy Investment Sp	2101 Beneficial owner
Coast International Asset Management Limited	2102 Investment manager
Stand Tall International Limited	2201 Interest of corporation controlled by you
Xin Cheng International Limited	2101 Beneficial owner
Sbi China Capital Holdings Limited	2201 Interest of corporation controlled by you
Sbi China Capital Financial Services Limited	2101 Beneficial owner
Probest Limited	2201 Interest of corporation controlled by you

TradeGo FinTech (HKSE:08017) Headlines

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