Prestige Wealth (Prestige Wealth) Interest Expense : $0.00 Mil (TTM As of Sep. 2023)

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What is Prestige Wealth Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Prestige Wealth's interest expense for the six months ended in Sep. 2023 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 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. Prestige Wealth's Operating Income for the six months ended in Sep. 2023 was $ -1.37 Mil. Prestige Wealth's Interest Expense for the six months ended in Sep. 2023 was $ 0.00 Mil. GuruFocus does not calculate Prestige Wealth's interest coverage with the available data. 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.

Prestige Wealth Interest Expense Historical Data

The historical data trend for Prestige Wealth'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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Prestige Wealth Interest Expense Chart

Prestige Wealth Annual Data

Trend

Sep20

Sep21

Sep22

Sep23

Interest Expense

Prestige Wealth Semi-Annual Data
	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Interest Expense	Get a 7-Day Free Trial			-	-	-	-	-

Prestige Wealth 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 semi-annually data reported by the company within the most recent 12 months, which was $0.00 Mil.

Prestige Wealth (NAS:PWM) 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.

Prestige Wealth's Interest Expense for the six months ended in Sep. 2023 was $0.00 Mil. Its Operating Income for the six months ended in Sep. 2023 was $-1.37 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2023 was $0.16 Mil.

Prestige Wealth's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

GuruFocus does not calculate Prestige Wealth's interest coverage with the available data.

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

Prestige Wealth (Prestige Wealth) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Prestige Wealth Inc (NAS:PWM) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Queen’s Road Central, Suite 5102, 51th Floor, Cheung Kong Center, Hong Kong, HKG

Website

https://www.prestigewm.hk

Prestige Wealth Inc is engaged in providing private wealth management services and asset management to high-net-worth and ultra-high-net-worth individuals and enterprises through its subsidiaries.

Prestige Wealth (Prestige Wealth) Headlines

From GuruFocus

Prestige Wealth Inc. Announces Pricing of Initial Public Offering

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Prestige Wealth Inc. Announces Pricing of Initial Public Offering

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Prestige Wealth Inc. Announces Closing of Initial Public Offering

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