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Get Nice Holdings (HKSE:00064) Interest Expense : HK$-3.9 Mil (TTM As of Sep. 2023)


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What is Get Nice Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Get Nice Holdings's interest expense for the six months ended in Sep. 2023 was HK$ -1.7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was HK$-3.9 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. Get Nice Holdings's Operating Income for the six months ended in Sep. 2023 was HK$ 189.9 Mil. Get Nice Holdings's Interest Expense for the six months ended in Sep. 2023 was HK$ -1.7 Mil. Get Nice Holdings's Interest Coverage for the quarter that ended in Sep. 2023 was 114.46. 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.


Get Nice Holdings Interest Expense Historical Data

The historical data trend for Get Nice 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.

Get Nice Holdings Interest Expense Chart

Get Nice Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -97.37 -32.27 -4.95 -1.75 -3.34

Get Nice Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 -0.22 -1.53 -1.11 -2.23 -1.66

Get Nice 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-3.9 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.


Get Nice Holdings  (HKSE:00064) 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.

Get Nice Holdings's Interest Expense for the six months ended in Sep. 2023 was HK$-1.7 Mil. Its Operating Income for the six months ended in Sep. 2023 was HK$189.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2023 was HK$0.0 Mil.

Get Nice Holdings's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2023 )/Interest Expense (Q: Sep. 2023 )
=-1*189.892/-1.659
=114.46

* 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Get Nice Holdings Ltd has enough cash to cover all of its debt. Its financial situation is stable.


Get Nice Holdings (HKSE:00064) Business Description

Traded in Other Exchanges
N/A
Address
183 Queen's Road Central, Ground Floor to 3rd Floor, Cosco Tower, Grand Millennium Plaza, Hong Kong, HKG
Get Nice Holdings Ltd is a holding company and its principal business activities are money lending, property development and holding, investment in financial instruments, real estate brokerage, and the provision of financial services. The company manages its business in six segments namely Broking, Securities margin financing, Money lending, Corporate finance, asset management, and Investments. The company generates the majority of its revenue from the Securities margin financing segment.
Executives
Honeylink Agents Limited 2101 Beneficial owner
Hung Hon Man 2201 Interest of corporation controlled by you

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