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Grand Fortune High Grade (LSE:GFHG) Interest Expense : £-0.00 Mil (TTM As of Oct. 2023)


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What is Grand Fortune High Grade Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Grand Fortune High Grade's interest expense for the six months ended in Oct. 2023 was £ -0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Oct. 2023 was £-0.00 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. Grand Fortune High Grade's Operating Income for the six months ended in Oct. 2023 was £ -0.36 Mil. Grand Fortune High Grade's Interest Expense for the six months ended in Oct. 2023 was £ -0.00 Mil. Grand Fortune High Grade 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.


Grand Fortune High Grade Interest Expense Historical Data

The historical data trend for Grand Fortune High Grade'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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Grand Fortune High Grade Interest Expense Chart

Grand Fortune High Grade Annual Data
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Interest Expense
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Grand Fortune High Grade Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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Grand Fortune High Grade 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 Oct. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-0.00 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.


Grand Fortune High Grade  (LSE:GFHG) 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.

Grand Fortune High Grade's Interest Expense for the six months ended in Oct. 2023 was £-0.00 Mil. Its Operating Income for the six months ended in Oct. 2023 was £-0.36 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Oct. 2023 was £0.00 Mil.

Grand Fortune High Grade's Interest Coverage for the quarter that ended in Oct. 2023 is calculated as

Grand Fortune High Grade 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.


Grand Fortune High Grade (LSE:GFHG) Business Description

Traded in Other Exchanges
N/A
Address
No. 2193 Guangyuan East, Room No. 1805, Times New World Center, Tianhe District, Guangdong Province, Guangzhou, CHN
Grand Fortune High Grade Ltd provides financial training, corporate training, and professional qualification courses. The company is focused on development, by organic growth, it's a financial training business to satisfy the significant demand for financial sector specialists. The firm operates in a single segment namely the Development and operation of financial training courses in China.

Grand Fortune High Grade (LSE:GFHG) Headlines

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