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Huashi Group Holdings (HKSE:01111) Interest Expense : HK$ Mil (TTM As of Dec. 2022)


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What is Huashi Group Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Huashi Group Holdings's interest expense for the six months ended in Dec. 2022 was HK$ -1.6 Mil. Huashi Group Holdings does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Dec. 2022.

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. Huashi Group Holdings's Operating Income for the six months ended in Dec. 2022 was HK$ 63.3 Mil. Huashi Group Holdings's Interest Expense for the six months ended in Dec. 2022 was HK$ -1.6 Mil. Huashi Group Holdings's Interest Coverage for the quarter that ended in Dec. 2022 was 38.89. 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.


Huashi Group Holdings Interest Expense Historical Data

The historical data trend for Huashi Group 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.

Huashi Group Holdings Interest Expense Chart

Huashi Group Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Interest Expense
-0.55 -0.85 -1.63 -2.48

Huashi Group Holdings Semi-Annual Data
Dec20 Dec21 Dec22 Dec23
Interest Expense -0.55 -0.85 -1.63 -2.48

Huashi Group Holdings Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.


Huashi Group Holdings  (HKSE:01111) 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.

Huashi Group Holdings's Interest Expense for the six months ended in Dec. 2022 was HK$-1.6 Mil. Its Operating Income for the six months ended in Dec. 2022 was HK$63.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2022 was HK$1.9 Mil.

Huashi Group Holdings's Interest Coverage for the quarter that ended in Dec. 2022 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2022 )/Interest Expense (Q: Dec. 2022 )
=-1*63.282/-1.627
=38.89

* 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.


Huashi Group Holdings (HKSE:01111) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Phase II Shuisheng Keji Yuan, 1st Floor, Block 2 Office Building, 1 Chagang Xincun Dongyuan, Wuchang, Wuhan, CHN
Huashi Group Holdings Ltd is a branding, advertising and marketing service provider based in Hubei Province, the PRC, providing services across the entire value chain from market research through collaboration with research institutes to execution of branding, advertising and marketing projects through collaboration with different media resources suppliers so as to assist brand owners, advertisers and advertising agents in formulating and implementing effective service proposals to fulfill their promotional needs and marketing objectives, thereby further enhancing their brand reputation to targeted recipients, and improving the competitiveness and market share of their products or services.
Executives
Chen Jicheng 2201 Interest of corporation controlled by you
Wang Shujin 2201 Interest of corporation controlled by you
Nie Xing 2201 Interest of corporation controlled by you
Jia Yi Wen Hua Chuan Mei You Xian Gong Si 2101 Beneficial owner
Yuan Jin Wen Hua Chuan Mei You Xian Gong Si 2101 Beneficial owner
You Xin Zi Ben You Xian Gong Si 2101 Beneficial owner

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