Migao Group Holdings (HKSE:09879) Interest Expense: HK$-26 Mil (TTM As of Mar. 2026)

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HKSE:09879 Migao Group Holdings Ltd HKSE:09879
45 GF Score
Price HK$9.48
! 6 Warning Signs
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What is Migao Group Holdings Interest Expense?

Migao Group Holdings HKSE:09879 +1.94% 45 Interest Expense is HK$-26 Mil as of Mar. 2026. GuruFocus rates HKSE:09879 with a GF Score™ of 45/100. The stock has 6 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Migao Group Holdings's interest expense for the six months ended in Mar. 2026 was HK$ -13 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was HK$-26 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. Migao Group Holdings's Operating Income for the six months ended in Mar. 2026 was HK$ 370 Mil. Migao Group Holdings's Interest Expense for the six months ended in Mar. 2026 was HK$ -13 Mil. Migao Group Holdings's Interest Coverage for the quarter that ended in Mar. 2026 was 29.47. 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.

Migao Group Holdings  (HKSE:09879) 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.

Migao Group Holdings's Interest Expense for the six months ended in Mar. 2026 was HK$-13 Mil. Its Operating Income for the six months ended in Mar. 2026 was HK$370 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2026 was HK$197 Mil.

Migao Group Holdings's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*369.699/-12.547
=29.47

* 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.

Migao Group Holdings Interest Expense Historical Data

* Premium members only.

The historical data trend for Migao Group 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.

Migao Group Holdings Interest Expense Chart

Migao Group Holdings Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Expense
Get a 7-Day Free Trial -11.91 -20.10 -21.29 -21.42 -26.33

Migao Group Holdings Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Interest Expense Get a 7-Day Free Trial Premium Member Only -10.82 -11.91 -9.83 -13.27 -12.55
HKSE:09879
45GF Score
Migao Group Holdings Ltd HKSE:09879
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Migao Group 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 Mar. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-26 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of HK$-26 Mil mean?
Migao Group Holdings (HKSE:09879) has a Interest Expense of HK$-26 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Migao Group Holdings and its competitors.
Is Migao Group Holdings' Interest Expense too high?
Migao Group Holdings' current Interest Expense is HK$-26 Mil. Overall, Migao Group Holdings has a GF Score™ of 45/100, reflecting its overall financial health beyond just this single metric.
How does Migao Group Holdings' Interest Expense compare to CTVA and CF?
Migao Group Holdings' Interest Expense of HK$-26 Mil can be compared against companies in the Agriculture industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for an Agriculture company?
A good Interest Expense depends on the Agriculture industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Migao Group Holdings and its competitors. Migao Group Holdings's current Interest Expense is HK$-26 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Migao Group Holdings stock overvalued right now?
Migao Group Holdings (HKSE:09879) has a current Interest Expense of HK$-26 Mil. The current Interest Expense is HK$-26 Mil. Migao Group Holdings' overall GF Score™ is 45/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Migao Group Holdings (HKSE:09879), the current Interest Expense is HK$-26 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Migao Group Holdings Business Description

Address Qingzhou Development Zone, East Park, Cangjiang Industrial Park, Gaoming District, Foshan, CHN
Migao Group Holdings Ltd is a national potash fertilizer company in China with sourcing and procurement, processing, and manufacturing. It sells various potash fertilizer products, including KCL, SOP, NOP, and compound fertilizers and Others. Geographically, the company generates a majority of its revenue from its business in the People's Republic of China.
45GF Score

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Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$9.48
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