Vertical International Holdings (HKSE:08375) Interest Expense : HK$-0.64 Mil (TTM As of Dec. 2023)

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What is Vertical International Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Vertical International Holdings's interest expense for the three months ended in Dec. 2023 was HK$ -0.22 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-0.64 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. Vertical International Holdings's Operating Income for the three months ended in Dec. 2023 was HK$ -1.94 Mil. Vertical International Holdings's Interest Expense for the three months ended in Dec. 2023 was HK$ -0.22 Mil. Vertical International 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.

Vertical International Holdings Interest Expense Historical Data

The historical data trend for Vertical International 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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Vertical International Holdings Interest Expense Chart

Vertical International Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-0.71

-0.36

-0.58

-0.64

Vertical International 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															-0.23	-0.22	-0.11	-0.09	-0.22

Vertical International 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$-0.64 Mil.

Vertical International Holdings (HKSE:08375) 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.

Vertical International Holdings's Interest Expense for the three months ended in Dec. 2023 was HK$-0.22 Mil. Its Operating Income for the three months ended in Dec. 2023 was HK$-1.94 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was HK$0.00 Mil.

Vertical International Holdings's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Vertical International Holdings did not have earnings to cover the interest expense.

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

Vertical International Holdings (HKSE:08375) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Vertical International Holdings Ltd (HKSE:08375) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

63 Wing Hong Street, Unit 2212, 22 Floor, Global Gateway Tower, Cheung Sha Wan, Hong Kong, HKG

Website

http://www.verticaltech.com.cn

Vertical International Holdings Ltd is an investment holding company. It company, with its subsidiaries, is in the Sales of manufactured aluminum electrolytic capacitors and Trading of electronic components segments. It derives key revenue from the sales of manufactured aluminum electrolytic capacitors business which involves the manufacturing and selling of aluminum electrolytic capacitors and represents the manufacturing and selling of chip-type and radial lead-type aluminum electrolytic capacitors in the PRC. Geographically, the group has a business presence in Hong Kong, PRC, Japan, and Other Asian regions.

Executives

Boon Ho Yin Henry	2101 Beneficial owner
Sun Koon Kwan	2202 Interest of your spouse
Vertical Technology Investment Limited	2101 Beneficial owner

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