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Anxian Yuan China Holdings (HKSE:00922) Interest Expense : HK$-0.8 Mil (TTM As of Sep. 2023)


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What is Anxian Yuan China Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Anxian Yuan China Holdings's interest expense for the six months ended in Sep. 2023 was HK$ -0.6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was HK$-0.8 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. Anxian Yuan China Holdings's Operating Income for the six months ended in Sep. 2023 was HK$ 36.1 Mil. Anxian Yuan China Holdings's Interest Expense for the six months ended in Sep. 2023 was HK$ -0.6 Mil. Anxian Yuan China Holdings's Interest Coverage for the quarter that ended in Sep. 2023 was 57.88. 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.


Anxian Yuan China Holdings Interest Expense Historical Data

The historical data trend for Anxian Yuan China 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.

Anxian Yuan China Holdings Interest Expense Chart

Anxian Yuan China 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 -5.39 -4.12 -3.00 -3.38 -1.00

Anxian Yuan China 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 -2.26 -1.12 -0.78 -0.22 -0.62

Anxian Yuan China 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$-0.8 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.


Anxian Yuan China Holdings  (HKSE:00922) 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.

Anxian Yuan China Holdings's Interest Expense for the six months ended in Sep. 2023 was HK$-0.6 Mil. Its Operating Income for the six months ended in Sep. 2023 was HK$36.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2023 was HK$0.3 Mil.

Anxian Yuan China 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*36.06/-0.623
=57.88

* 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. Anxian Yuan China Holdings Ltd has enough cash to cover all of its debt. Its financial situation is stable.


Anxian Yuan China Holdings (HKSE:00922) Business Description

Traded in Other Exchanges
N/A
Address
77 Leighton Road, Room 1215, Leighton Centre, Causeway Bay, Hong Kong, HKG, 999077
Anxian Yuan China Holdings Ltd is an investment holding company. The company is principally engaged in cemetery businesses. Geographically, the company derives maximum revenue from China. The company generates revenue from sales of tombs and niches; Management fee income and Burial services.
Executives
Excel Precise International Limited 2106 Person having a security interest in shares
Master Point Overseas Limited 2101 Beneficial owner
True Promise Investments Limited 2201 Interest of corporation controlled by you
Law Fei Shing 2201 Interest of corporation controlled by you
Shi Hua 2201 Interest of corporation controlled by you
Yan Zulin 2101 Beneficial owner
Huang Weichun 2101 Beneficial owner

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