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Well Link Securities Holdings (HKSE:08350) Interest Expense : HK$-1.71 Mil (TTM As of Dec. 2023)


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What is Well Link Securities Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Well Link Securities Holdings's interest expense for the three months ended in Dec. 2023 was HK$ -0.48 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-1.71 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. Well Link Securities Holdings's Operating Income for the three months ended in Dec. 2023 was HK$ -1.92 Mil. Well Link Securities Holdings's Interest Expense for the three months ended in Dec. 2023 was HK$ -0.48 Mil. Well Link Securities 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.


Well Link Securities Holdings Interest Expense Historical Data

The historical data trend for Well Link Securities 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.

Well Link Securities Holdings Interest Expense Chart

Well Link Securities Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only -0.01 -1.03 -0.92 -2.08 -1.71

Well Link Securities 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 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 -0.53 -0.53 -0.45 -0.26 -0.48

Well Link Securities 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$-1.71 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.


Well Link Securities Holdings  (HKSE:08350) 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.

Well Link Securities Holdings's Interest Expense for the three months ended in Dec. 2023 was HK$-0.48 Mil. Its Operating Income for the three months ended in Dec. 2023 was HK$-1.92 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was HK$40.26 Mil.

Well Link Securities Holdings's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Well Link Securities Holdings did not have earnings to cover the interest expense.

* 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.


Well Link Securities Holdings (HKSE:08350) Business Description

Traded in Other Exchanges
N/A
Address
168-200 Connaught Road Central, Unit 3711, 37th Floor, West Tower, Shuk Tak Centre, Sheung Wan, Hong Kong, HKG
Excalibur Global Financial Holdings Ltd is a provider of brokerage services for futures and options traded on the exchange in Hong Kong, the United States, Japan, Singapore, and the United Kingdom. The group is engaged in two segments that include Brokerage services and margin financing, and Money lending. The majority of the revenue derives from the provision of brokerage services and the margin financing segment. It provides clients with access to locally and globally traded futures and options products. The group derives revenue principally from brokerage fees received from the clients for the execution and facilitation of the execution of trades through the online trading platform and finance charges received for the margin loan to clients.
Executives
Well Link Fintech Holdings Limited 2101 Beneficial owner
Xu Chujia 2201 Interest of corporation controlled by you
Xu Chujia 2201 Interest of corporation controlled by you
Chan Ying Leung 2103 Interests held jointly with another person
Poon Kwok Wah Allan 2103 Interests held jointly with another person

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