Asia-Pac Financial Investment Co (HKSE:08193) Interest Expense : HK$-2.86 Mil (TTM As of Sep. 2023)

View and export this data going back to 2011. Start your Free Trial

What is Asia-Pac Financial Investment Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Asia-Pac Financial Investment Co's interest expense for the three months ended in Sep. 2023 was HK$ -0.56 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was HK$-2.86 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. Asia-Pac Financial Investment Co's Operating Income for the three months ended in Sep. 2023 was HK$ 1.98 Mil. Asia-Pac Financial Investment Co's Interest Expense for the three months ended in Sep. 2023 was HK$ -0.56 Mil. Asia-Pac Financial Investment Co's Interest Coverage for the quarter that ended in Sep. 2023 was 3.54. 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.

Asia-Pac Financial Investment Co Interest Expense Historical Data

The historical data trend for Asia-Pac Financial Investment Co'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.

Asia-Pac Financial Investment Co Interest Expense Chart

Asia-Pac Financial Investment Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

Get a 7-Day Free Trial

-4.02

-2.69

-1.91

-2.16

-2.19

Asia-Pac Financial Investment Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Interest Expense	Get a 7-Day Free Trial															-0.17	-1.59	-0.54	-0.56	-

Asia-Pac Financial Investment Co 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$-2.86 Mil.

Asia-Pac Financial Investment Co (HKSE:08193) 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.

Asia-Pac Financial Investment Co's Interest Expense for the three months ended in Sep. 2023 was HK$-0.56 Mil. Its Operating Income for the three months ended in Sep. 2023 was HK$1.98 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was HK$35.88 Mil.

Asia-Pac Financial Investment Co'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	*	1.975	/	-0.558
	=	3.54

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

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Asia-Pac Financial Investment Co Ltds earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

Asia-Pac Financial Investment Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Asia-Pac Financial Investment Co Ltd (HKSE:08193) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

6-8 Harbour Road, Room 304, 3rd Floor Shui On Centre, Wanchai, Hong Kong, HKG

Website

http://www.gca.com.hk

Asia-Pac Financial Investment Co Ltd is a Hong Kong-based company with four reporting segments. The asset advisory services and asset appraisal segment offers asset appraisal and advisory services for a wide range of asset classes, and it contributes the majority of revenue. The corporate services and consultancy segment offers advice to corporations in a wide range of areas, such as corporate governance and enterprise risk management. The media advertising segment offers media advertising business services. The financial services segment comprises financial credit services, trading and exchanging services, and consultancy or agency services.

Executives

Ip Kwok Kwong	2101 Beneficial owner
Brilliant One Holdings Limited	2101 Beneficial owner
Gc Holdings Limited	2201 Interest of corporation controlled by you
Laberie Holdings Limited	2101 Beneficial owner
Seec Media Group Limited	2201 Interest of corporation controlled by you
Zhong Ou Sheng Shi Zi Chan Guan Li Shang Hai You Xian Gong Si	2301 Trustee

Asia-Pac Financial Investment Co Headlines

No Headlines