IMS Group Holdings (HKSE:08136) Interest Expense : HK$-0.21 Mil (TTM As of Sep. 2023)

View and export this data going back to 2018. Start your Free Trial

What is IMS Group Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. IMS Group Holdings's interest expense for the three months ended in Sep. 2023 was HK$ -0.04 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was HK$-0.21 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. IMS Group Holdings's Operating Income for the three months ended in Sep. 2023 was HK$ 10.44 Mil. IMS Group Holdings's Interest Expense for the three months ended in Sep. 2023 was HK$ -0.04 Mil. IMS Group Holdings's Interest Coverage for the quarter that ended in Sep. 2023 was 274.71. 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.

IMS Group Holdings Interest Expense Historical Data

The historical data trend for IMS 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.

IMS Group Holdings Interest Expense Chart

IMS Group Holdings Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Interest Expense

Get a 7-Day Free Trial

-0.22

-0.18

-0.13

-0.23

IMS Group Holdings 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															-0.06	-0.07	-0.06	-0.05	-0.04

IMS 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was HK$-0.21 Mil.

IMS Group Holdings (HKSE:08136) 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.

IMS Group Holdings's Interest Expense for the three months ended in Sep. 2023 was HK$-0.04 Mil. Its Operating Income for the three months ended in Sep. 2023 was HK$10.44 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was HK$0.46 Mil.

IMS Group Holdings'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	*	10.439	/	-0.038
	=	274.71

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

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. IMS Group Holdings Ltd has enough cash to cover all of its debt. Its financial situation is stable.

IMS Group Holdings (HKSE:08136) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » IMS Group Holdings Ltd (HKSE:08136) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

No. 8 Watson Road, North Point, 12th floor, Unit 1201, Block C Seaview Estate, Hong Kong, HKG

Website

https://www.imsgroupholdings.com

IMS Group Holdings Ltd is a provider of integrated LED lighting solutions. The company principally engaged in sale of LED lighting fixtures and visual-audio system, provision of integrated LED lighting solution services, project consultancy and LED lighting system maintenance services, sale of 3D printing materials and provision for 3D printing services. The firm receives a majority of its revenue from the sale of LED lighting fixtures followed by integrated LED lighting solution services. It has a business presence in Hong Kong, the PRC, Asia, Europe and others, of which the key revenue is derived from the PRC.

Executives

The Garage Investment Limited	2101 Beneficial owner
Ng Wing Sze	2202 Interest of your spouse
Tam Yat Ming Andrew	2201 Interest of corporation controlled by you
Wan Man Hong	2101 Beneficial owner
Yeung Ngai	2202 Interest of your spouse
Hung Ying	2101 Beneficial owner
Yeung Wun Tang Andy	2202 Interest of your spouse

IMS Group Holdings (HKSE:08136) Headlines

No Headlines