WLGSF (WANG & LEE Group) Interest Expense: $-0.13 Mil (TTM As of Dec. 2024)


What is WANG & LEE Group Interest Expense?

WANG & LEE Group WLGSF Interest Expense is $-0.13 Mil as of Dec. 2024.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. WANG & LEE Group's interest expense for the six months ended in Dec. 2024 was $ -0.07 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was $-0.13 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. WANG & LEE Group's Operating Income for the six months ended in Dec. 2024 was $ -1.81 Mil. WANG & LEE Group's Interest Expense for the six months ended in Dec. 2024 was $ -0.07 Mil. WANG & LEE Group 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.

WANG & LEE Group  (OTCPK:WLGSF) 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.

WANG & LEE Group's Interest Expense for the six months ended in Dec. 2024 was $-0.07 Mil. Its Operating Income for the six months ended in Dec. 2024 was $-1.81 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was $0.47 Mil.

WANG & LEE Group's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

WANG & LEE Group 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.

WANG & LEE Group Interest Expense Historical Data

* Premium members only.

The historical data trend for WANG & LEE Group'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.

WANG & LEE Group Interest Expense Chart

WANG & LEE Group Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
-0.05 -0.01 -0.04 -0.06 -0.13

WANG & LEE Group Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Interest Expense Get a 7-Day Free Trial Premium Member Only -0.02 -0.03 -0.04 -0.06 -0.07

WANG & LEE Group 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-0.13 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of $-0.13 Mil mean?
WANG & LEE Group (WLGSF) has a Interest Expense of $-0.13 Mil as of Dec. 2024. Interest Expense is the amount a company pays on its long-term debt. View historical data on WANG & LEE Group and its competitors.
Is WANG & LEE Group's Interest Expense too high?
WANG & LEE Group's current Interest Expense is $-0.13 Mil.
How does WANG & LEE Group's Interest Expense compare to PWR and FIX?
WANG & LEE Group's Interest Expense of $-0.13 Mil can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Construction company?
A good Interest Expense depends on the Construction industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on WANG & LEE Group and its competitors. WANG & LEE Group's current Interest Expense is $-0.13 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WANG & LEE Group stock overvalued right now?
WANG & LEE Group (WLGSF) has a current Interest Expense of $-0.13 Mil. The current Interest Expense is $-0.13 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For WANG & LEE Group (WLGSF), the current Interest Expense is $-0.13 Mil as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

WANG & LEE Group Business Description

Address 3 Tai Yip Street, 5th & 6th Floor, Wing Tai Factory Building, Kwun Tong, Kowloon, Hong Kong, HKG
WANG & LEE Group Inc operates as an investment holding company. The firm conducts its primary operations through its indirectly wholly owned subsidiary WANG and LEE CONTRACTING LIMITED. WLHK provides contract engineering, installation, and out-fitting of the following products and services: low voltage electrical systems, mechanical ventilation and air-conditioning systems (MVAC), fire safety systems, water supply and sewage disposal systems, and site project management.