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Allied Sustainability And Environmental Consultants Group (HKSE:08320) Interest Expense : HK$-0.49 Mil (TTM As of Sep. 2023)


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What is Allied Sustainability And Environmental Consultants Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Allied Sustainability And Environmental Consultants Group's interest expense for the three months ended in Sep. 2023 was HK$ -0.13 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was HK$-0.49 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. Allied Sustainability And Environmental Consultants Group's Operating Income for the three months ended in Sep. 2023 was HK$ 0.07 Mil. Allied Sustainability And Environmental Consultants Group's Interest Expense for the three months ended in Sep. 2023 was HK$ -0.13 Mil. Allied Sustainability And Environmental Consultants Group's Interest Coverage for the quarter that ended in Sep. 2023 was 0.52. 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.


Allied Sustainability And Environmental Consultants Group Interest Expense Historical Data

The historical data trend for Allied Sustainability And Environmental Consultants Group'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.

Allied Sustainability And Environmental Consultants Group Interest Expense Chart

Allied Sustainability And Environmental Consultants Group Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Interest Expense
Get a 7-Day Free Trial Premium Member Only -0.14 -0.30 -0.34 -0.42 -0.43

Allied Sustainability And Environmental Consultants Group 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 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 Premium Member Only -0.11 -0.12 -0.12 -0.12 -0.13

Allied Sustainability And Environmental Consultants Group 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$-0.49 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.


Allied Sustainability And Environmental Consultants Group  (HKSE:08320) 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.

Allied Sustainability And Environmental Consultants Group's Interest Expense for the three months ended in Sep. 2023 was HK$-0.13 Mil. Its Operating Income for the three months ended in Sep. 2023 was HK$0.07 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was HK$3.09 Mil.

Allied Sustainability And Environmental Consultants Group'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*0.065/-0.125
=0.52

* 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.


Allied Sustainability And Environmental Consultants Group (HKSE:08320) Business Description

Traded in Other Exchanges
N/A
Address
160 Gloucester Road, 27/F, Overseas Trust Bank Building, Wan Chai, Hong Kong, HKG
Allied Sustainability And Environmental Consultants Group Ltd is an environmental consulting company. The company is engaged in the provision of consultancy services relating to green building certification consultancy, sustainability and environmental consultancy, acoustics, noise and vibration control, audio-visual design consultancy, and Environmental, social, and governance reporting consultancy. The principal place of the Group's operation is mainly in Hong Kong and has a presence in Macau and the PRC also.

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