GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Hong Kong Technology Venture Co Ltd (HKSE:01137) » Definitions » Interest Expense

Hong Kong Technology Venture Co (HKSE:01137) Interest Expense : HK$-18 Mil (TTM As of Dec. 2023)


View and export this data going back to 1997. Start your Free Trial

What is Hong Kong Technology Venture Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Hong Kong Technology Venture Co's interest expense for the six months ended in Dec. 2023 was HK$ -10 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-18 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. Hong Kong Technology Venture Co's Operating Income for the six months ended in Dec. 2023 was HK$ -10 Mil. Hong Kong Technology Venture Co's Interest Expense for the six months ended in Dec. 2023 was HK$ -10 Mil. Hong Kong Technology Venture Co 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.


Hong Kong Technology Venture Co Interest Expense Historical Data

The historical data trend for Hong Kong Technology Venture Co'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.

Hong Kong Technology Venture Co Interest Expense Chart

Hong Kong Technology Venture Co Annual Data
Trend Aug14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -12.26 -9.93 -9.36 -13.12 -17.77

Hong Kong Technology Venture Co Semi-Annual Data
Feb14 Aug14 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 -5.80 -5.55 -7.57 -8.07 -9.70

Hong Kong Technology Venture Co 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$-18 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.


Hong Kong Technology Venture Co  (HKSE:01137) 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.

Hong Kong Technology Venture Co's Interest Expense for the six months ended in Dec. 2023 was HK$-10 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$-10 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$321 Mil.

Hong Kong Technology Venture Co's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Hong Kong Technology Venture Co 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.


Hong Kong Technology Venture Co (HKSE:01137) Business Description

Traded in Other Exchanges
Address
No. 1 Chun Cheong Street, HKTV Multimedia and Ecommerce Centre, Tseung Kwan O Industrial Estate, New Territories, Hong Kong, HKG
Hong Kong Technology Venture Co Ltd, formerly Hong Kong Television Network Ltd, is an investment holding company principally engaged in the provision of multimedia business. The Company engages in the provision of multimedia production and contents distribution as well as operating a 24-hour e-Shopping Mall, providing a one-stop shop platform including online shopping, delivery service and customer experience. The Company also involves in the provision of technology on an integrated end-to-end eCommerce solution including hardware and software systems as a service aiming to enable traditional supermarkets or retailers locally and globally to enter into digital retailing.
Executives
Wong Wai Kay 2201 Interest of corporation controlled by you
Top Group International Ltd. 2101 Beneficial owner
Schroders Plc 2102 Investment manager
Top Group International Ltd. 2101 Beneficial owner
Cheung Chi Kin, Paul 2101 Beneficial owner

Hong Kong Technology Venture Co (HKSE:01137) Headlines

No Headlines