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Novacon Technology Group (HKSE:08635) Interest Expense : HK$-0.21 Mil (TTM As of Sep. 2024)


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What is Novacon Technology Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Novacon Technology Group's interest expense for the three months ended in Sep. 2024 was HK$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was HK$-0.21 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. Novacon Technology Group's Operating Income for the three months ended in Sep. 2024 was HK$ 0.00 Mil. Novacon Technology Group's Interest Expense for the three months ended in Sep. 2024 was HK$ 0.00 Mil. Novacon Technology Group has no long-term debt (1). 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Novacon Technology Group Interest Expense Historical Data

The historical data trend for Novacon Technology 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.

Novacon Technology Group Interest Expense Chart

Novacon Technology Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial -0.22 -0.15 -0.03 -0.02 -0.01

Novacon Technology Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24 Sep24
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 - - -0.20 - -

Novacon Technology 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was HK$-0.21 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.

Novacon Technology Group  (HKSE:08635) 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.

Novacon Technology Group's Interest Expense for the three months ended in Sep. 2024 was HK$0.00 Mil. Its Operating Income for the three months ended in Sep. 2024 was HK$0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was HK$0.00 Mil.

Novacon Technology Group's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Novacon Technology Group had no long-term debt (1).

* 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.

Novacon Technology Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Novacon Technology Group Ltd (HKSE:08635) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
No. 83 Hung To Road, Office E, 17th Floor, EGL Tower, Kwun Tong, Kowloon, Hong Kong, HKG
Website
https://www.novacontechgroup.com
Novacon Technology Group Ltd is a financial trading solution provider. The company through its subsidiary engaged in the development and supply of resource allocation, planning, scheduling, and management of software and services. The company generates revenue from Licensing and maintenance services and Initial setup and customization services. The company serves financial institutions, including brokerage firms and wealth management companies. Geographically, the company derives a majority of its revenue from Hong Kong.
Executives
Di Xiaoguang 2201 Interest of corporation controlled by you
Ever Persist Holdings Limited 2101 Beneficial owner
Essential Strategy Investments Limited
Expert Wisdom Holdings Limited
Wei Ming
Wong Siu King
Chung Chau Kan
Yip Kim Kam

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