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SHIGF (Sanai Health Industry Group Co) Interest Expense : $-0.29 Mil (TTM As of Dec. 2023)


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What is Sanai Health Industry Group Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sanai Health Industry Group Co's interest expense for the six months ended in Dec. 2023 was $ -0.17 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.29 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. Sanai Health Industry Group Co's Operating Income for the six months ended in Dec. 2023 was $ 0.53 Mil. Sanai Health Industry Group Co's Interest Expense for the six months ended in Dec. 2023 was $ -0.17 Mil. Sanai Health Industry Group Co's Interest Coverage for the quarter that ended in Dec. 2023 was 3.12. 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.


Sanai Health Industry Group Co Interest Expense Historical Data

The historical data trend for Sanai Health Industry Group 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.

* Premium members only.

Sanai Health Industry Group Co Interest Expense Chart

Sanai Health Industry Group Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - -0.26 -0.29

Sanai Health Industry Group 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 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 - -0.10 -0.16 -0.12 -0.17

Sanai Health Industry Group 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 $-0.29 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.


Sanai Health Industry Group Co  (OTCPK:SHIGF) 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.

Sanai Health Industry Group Co's Interest Expense for the six months ended in Dec. 2023 was $-0.17 Mil. Its Operating Income for the six months ended in Dec. 2023 was $0.53 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was $7.56 Mil.

Sanai Health Industry Group 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*0.528/-0.169
=3.12

* 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.


Sanai Health Industry Group Co Business Description

Traded in Other Exchanges
Address
57 Hung To Road, Unit 5, 7th Floor, Nanyang Plaza, Kwun Tong, Kowloon, Hong Kong, HKG
Sanai Health Industry Group Co Ltd is a pharmaceutical company. The company has three reportable segments namely Pharmaceutical products includes development, manufacturing, marketing and sales of pharmaceutical products and related software and provision of consultancy services. Finance leasing includes the provision of financial leasing services; Genetic testing and molecular diagnostic services segment. It generates maximum revenue from Pharmaceutical products segments. Geographically, it derives a majority revenue from PRC.

Sanai Health Industry Group Co Headlines

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