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Matrix Holdings (HKSE:01005) Interest Expense : HK$-4.1 Mil (TTM As of Jun. 2023)


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What is Matrix Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Matrix Holdings's interest expense for the six months ended in Jun. 2023 was HK$ -2.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was HK$-4.1 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. Matrix Holdings's Operating Income for the six months ended in Jun. 2023 was HK$ -7.1 Mil. Matrix Holdings's Interest Expense for the six months ended in Jun. 2023 was HK$ -2.0 Mil. Matrix Holdings 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.


Matrix Holdings Interest Expense Historical Data

The historical data trend for Matrix 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.

Matrix Holdings Interest Expense Chart

Matrix Holdings Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -8.53 -5.87 -5.36 -4.65 -4.32

Matrix Holdings Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 -2.39 -2.27 -2.05 -2.04

Matrix 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 Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-4.1 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.


Matrix Holdings  (HKSE:01005) 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.

Matrix Holdings's Interest Expense for the six months ended in Jun. 2023 was HK$-2.0 Mil. Its Operating Income for the six months ended in Jun. 2023 was HK$-7.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2023 was HK$36.3 Mil.

Matrix Holdings's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Matrix Holdings 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.


Matrix Holdings (HKSE:01005) Business Description

Traded in Other Exchanges
N/A
Address
39 Chatham Road South, Unit 01, Suite 1001, 10th Floor, Railway Plaza, Tsim Sha Tsui, Kowloon, Hong Kong, HKG
Matrix Holdings Ltd, an investment holding company, manufactures and trades in toys and lighting products. It offers plastic, die-cast, and plush toys. The business activity of the group functions through the United States, Europe, Mexico, Canada, South America, Australia, New Zealand, and internationally from which it derives the majority of revenue from the United States. Manufacturing services offered by the group include design, prototyping, molding, product validation, multi-skilled manufacturing, general assembly, and packaging. The activities of the group are reported under single segment being manufacturing and trading of toys and lighting products.
Executives
Smart Forest Limited 2101 Beneficial owner
Cheng Yung Pun 2201 Interest of corporation controlled by you

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