GURUFOCUS.COM » STOCK LIST » Industrials » Construction » World Houseware holdings (OTCPK:WHWRF) » Definitions » Interest Expense

World Houseware holdings (World Houseware holdings) Interest Expense : $-1.72 Mil (TTM As of Dec. 2023)


View and export this data going back to . Start your Free Trial

What is World Houseware holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. World Houseware holdings's interest expense for the six months ended in Dec. 2023 was $ -0.48 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-1.72 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. World Houseware holdings's Operating Income for the six months ended in Dec. 2023 was $ -0.82 Mil. World Houseware holdings's Interest Expense for the six months ended in Dec. 2023 was $ -0.48 Mil. World Houseware holdings 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.


World Houseware holdings Interest Expense Historical Data

The historical data trend for World Houseware 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.

* Premium members only.

World Houseware holdings Interest Expense Chart

World Houseware holdings 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 -2.80 -2.51 -2.46 -2.81 -1.72

World Houseware holdings 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 -1.27 -1.51 -1.28 -1.24 -0.48

World Houseware 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-1.72 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.


World Houseware holdings  (OTCPK:WHWRF) 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.

World Houseware holdings's Interest Expense for the six months ended in Dec. 2023 was $-0.48 Mil. Its Operating Income for the six months ended in Dec. 2023 was $-0.82 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was $5.38 Mil.

World Houseware holdings's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

World Houseware holdings 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.


World Houseware holdings (World Houseware holdings) Business Description

Traded in Other Exchanges
Address
16-18 Wah Sing Street, Flat C, 18th Floor, Bold Win Industrial Building, New Territories, Kwai Chung, Hong Kong, HKG
World Houseware holdings is an investment holding company. The company, along with its subsidiaries, operates in three segments. Its Household products segment is engaged in the manufacturing and distribution of household products, the PVC pipes and fittings segment manufactures and distributes PVC pipes and fittings, and the Property investment segment includes investment in properties. The firm generates a majority of its revenue from the PVC pipes and fittings segment.

World Houseware holdings (World Houseware holdings) Headlines

No Headlines