Luks Group (Vietnam Holdings) Co (Luks Group (Vietnam Holdings) Co) Interest Expense : $-0.52 Mil (TTM As of Dec. 2023)

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What is Luks Group (Vietnam Holdings) Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Luks Group (Vietnam Holdings) Co's interest expense for the six months ended in Dec. 2023 was $ -0.21 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.52 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. Luks Group (Vietnam Holdings) Co's Operating Income for the six months ended in Dec. 2023 was $ 4.31 Mil. Luks Group (Vietnam Holdings) Co's Interest Expense for the six months ended in Dec. 2023 was $ -0.21 Mil. Luks Group (Vietnam Holdings) Co's Interest Coverage for the quarter that ended in Dec. 2023 was 20.61. 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.

Luks Group (Vietnam Holdings) Co Interest Expense Historical Data

The historical data trend for Luks Group (Vietnam Holdings) Co'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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Luks Group (Vietnam Holdings) Co Interest Expense Chart

Luks Group (Vietnam Holdings) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-0.32

-0.24

-0.37

-0.47

-0.52

Luks Group (Vietnam Holdings) Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial															-0.26	-0.21	-0.26	-0.31	-0.21

Luks Group (Vietnam Holdings) Co 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 semi-annually data reported by the company within the most recent 12 months, which was $-0.52 Mil.

Luks Group (Vietnam Holdings) Co (OTCPK:LKSGF) 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.

Luks Group (Vietnam Holdings) Co's Interest Expense for the six months ended in Dec. 2023 was $-0.21 Mil. Its Operating Income for the six months ended in Dec. 2023 was $4.31 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was $0.00 Mil.

Luks Group (Vietnam Holdings) Co's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	4.308	/	-0.209
	=	20.61

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

Luks Group (Vietnam Holdings) Co (Luks Group (Vietnam Holdings) Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Luks Group (Vietnam Holdings) Co Ltd (OTCPK:LKSGF) » Definitions » Interest Expense

Traded in Other Exchanges

00366:Hong Kong LU4:Germany

Address

39-41 Sheung Heung Road, 5th Floor, Cheong Wah Factory Building, Tokwawan, Kowloon, Hong Kong, HKG

Website

http://www.luks.com.hk

Luks Group (Vietnam Holdings) Co Ltd is an investment holding company. Its segments include the Cement products segment, the Property Investment segment, the Hotel operation segment, the Property Development segment, and the Corporate and others segment. It derives key revenue from the cement products segment that represents the group's manufacture and sale of cement products for use in the construction industry. The group derives a majority of its revenue from Vietnam followed by Hong Kong and Mainland China.

Luks Group (Vietnam Holdings) Co (Luks Group (Vietnam Holdings) Co) Headlines

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