Hang Tai Yue Group Holdings (HKSE:08081) Interest Expense : HK$-6.49 Mil (TTM As of Dec. 2023)

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What is Hang Tai Yue Group Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Hang Tai Yue Group Holdings's interest expense for the three months ended in Dec. 2023 was HK$ -1.41 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-6.49 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. Hang Tai Yue Group Holdings's Operating Income for the three months ended in Dec. 2023 was HK$ -3.83 Mil. Hang Tai Yue Group Holdings's Interest Expense for the three months ended in Dec. 2023 was HK$ -1.41 Mil. Hang Tai Yue Group Holdings did not have earnings to cover the interest expense. 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.

Hang Tai Yue Group Holdings Interest Expense Historical Data

The historical data trend for Hang Tai Yue 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.

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Hang Tai Yue Group Holdings Interest Expense Chart

Hang Tai Yue Group Holdings Annual Data

Trend

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Dec23

Interest Expense

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-13.78

-20.07

-28.43

-9.24

-6.49

Hang Tai Yue Group Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-2.33	-1.39	-2.54	-1.15	-1.41

Hang Tai Yue 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was HK$-6.49 Mil.

Hang Tai Yue Group Holdings (HKSE:08081) 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.

Hang Tai Yue Group Holdings's Interest Expense for the three months ended in Dec. 2023 was HK$-1.41 Mil. Its Operating Income for the three months ended in Dec. 2023 was HK$-3.83 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was HK$28.56 Mil.

Hang Tai Yue Group Holdings's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Hang Tai Yue Group Holdings did not have earnings to cover the interest expense.

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

Hang Tai Yue Group Holdings (HKSE:08081) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Hang Tai Yue Group Holdings Ltd (HKSE:08081) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 241-243 Nathan Road, 9th Floor, HKHC Tower, Kowloon, Hong Kong, HKG

Website

https://www.hangtaiyue.com

Hang Tai Yue Group Holdings Ltd is an investment holding company mainly engaged in the mobile internet cultural business and provision of information technology (IT) services. The Company operates its business through four segments. The Mobile Internet Cultural Business and Provision of IT Services segment is engaged in the provision of enterprise software applications and platform, as well as mobile internet applications and platform development outsourcing services, mainframe downsizing, application localization and systems integration. The Provision of Hospitality and Related Services in Australia segment is engaged in the hospitality business through its granges and resorts in Australia. The Money lending Business segment is engaged in the money lending business in Hong Kong.

Executives

King's Group Capital Limited	2101 Beneficial owner
Ng Ting Kit	2101 Beneficial owner

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