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Dynasty Fine Wines Group (HKSE:00828) Interest Expense : HK$-0.1 Mil (TTM As of Dec. 2023)


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What is Dynasty Fine Wines Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Dynasty Fine Wines Group's interest expense for the six months ended in Dec. 2023 was HK$ -0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-0.1 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. Dynasty Fine Wines Group's Operating Income for the six months ended in Dec. 2023 was HK$ -3.8 Mil. Dynasty Fine Wines Group's Interest Expense for the six months ended in Dec. 2023 was HK$ -0.0 Mil. Dynasty Fine Wines 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.


Dynasty Fine Wines Group Interest Expense Historical Data

The historical data trend for Dynasty Fine Wines 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.

* Premium members only.

Dynasty Fine Wines Group Interest Expense Chart

Dynasty Fine Wines Group 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 -4.69 -0.11 -0.08 -0.07 -0.06

Dynasty Fine Wines Group 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 0.08 -0.03 -0.04 -0.05 -0.01

Dynasty Fine Wines 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-0.1 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.


Dynasty Fine Wines Group  (HKSE:00828) 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.

Dynasty Fine Wines Group's Interest Expense for the six months ended in Dec. 2023 was HK$-0.0 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$-3.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$1.2 Mil.

Dynasty Fine Wines Group's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Dynasty Fine Wines 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Dynasty Fine Wines Group Ltd has enough cash to cover all of its debt. Its financial situation is stable.


Dynasty Fine Wines Group (HKSE:00828) Business Description

Traded in Other Exchanges
N/A
Address
No. 29 Jinwei Road, Bei Chen District, Tianjin, CHN
Dynasty Fine Wines Group Ltd is an investment holding company. The company is engaged in the production and sale of grape wine products. Its operating segment includes Red wines; White wines and All other products. The company generates maximum revenue from the Red wines segment. Its product categories include red wines, white wines, sparkling wines, brandy, and icewine.
Executives
Teda Investment Holding Co., Ltd. 2201 Interest of corporation controlled by you
Tian Jin Tai Da Shi Ye Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Tian Jin Bo Hai Guo You Zi Chan Jing Ying Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Tian Jin Shi Pin Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Famous Ever Group Limited
Hao Mingzhen 2201 Interest of corporation controlled by you
Li Junjie 2201 Interest of corporation controlled by you
Zengli Investment Group Co. Ltd 2101 Beneficial owner
Andromède Sas 2101 Beneficial owner
Tianjin Teda Investment Holding Co., Ltd. 2201 Interest of corporation controlled by you

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