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Min Fu International Holding (HKSE:08511) Interest Expense : HK$-0.65 Mil (TTM As of Sep. 2023)


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What is Min Fu International Holding Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Min Fu International Holding's interest expense for the three months ended in Sep. 2023 was HK$ -0.11 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was HK$-0.65 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. Min Fu International Holding's Operating Income for the three months ended in Sep. 2023 was HK$ -0.80 Mil. Min Fu International Holding's Interest Expense for the three months ended in Sep. 2023 was HK$ -0.11 Mil. Min Fu International Holding 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.


Min Fu International Holding Interest Expense Historical Data

The historical data trend for Min Fu International Holding'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.

Min Fu International Holding Interest Expense Chart

Min Fu International Holding Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Interest Expense
Get a 7-Day Free Trial - - -0.11 -0.29 -0.93

Min Fu International Holding 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 -0.29 -0.29 -0.08 -0.18 -0.11

Min Fu International Holding 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$-0.65 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.


Min Fu International Holding  (HKSE:08511) 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.

Min Fu International Holding's Interest Expense for the three months ended in Sep. 2023 was HK$-0.11 Mil. Its Operating Income for the three months ended in Sep. 2023 was HK$-0.80 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was HK$0.61 Mil.

Min Fu International Holding's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Min Fu International Holding 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.


Min Fu International Holding (HKSE:08511) Business Description

Traded in Other Exchanges
N/A
Address
Room 1, 16/F, Financial Centre, 22 Taizi Road, Nanshan district, Shenzhen, CHN
Min Fu International Holding Ltd is an investment holding company. The company is engaged in the provision of smart manufacturing solution provider focusing on precision 3D testing solutions and precision machining solutions in China. It generates maximum revenue from Precision 3D testing solutions. The company products portfolio includes Non-contact optical measurement and Non-contact three-dimensional dynamic measurement.
Executives
Huang Minzhi 2101 Beneficial owner
Huang Minfu 2101 Beneficial owner
Ho Chun Kit Gregory 2201 Interest of corporation controlled by you
Tecway Technology Limited 2101 Beneficial owner
Ifg Swans Holding Ltd. 2101 Beneficial owner
Wu Di 2201 Interest of corporation controlled by you
Theia Vision Capital Limited 2101 Beneficial owner
Theia Vision Capital Limited 2101 Beneficial owner

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