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Hung Fook Tong Group Holdings (HKSE:01446) Interest Expense : HK$-8.7 Mil (TTM As of Dec. 2023)


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What is Hung Fook Tong Group Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Hung Fook Tong Group Holdings's interest expense for the six months ended in Dec. 2023 was HK$ -5.5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-8.7 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. Hung Fook Tong Group Holdings's Operating Income for the six months ended in Dec. 2023 was HK$ -22.1 Mil. Hung Fook Tong Group Holdings's Interest Expense for the six months ended in Dec. 2023 was HK$ -5.5 Mil. Hung Fook Tong Group 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.


Hung Fook Tong Group Holdings Interest Expense Historical Data

The historical data trend for Hung Fook Tong Group 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.

Hung Fook Tong Group Holdings Interest Expense Chart

Hung Fook Tong Group Holdings 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 -6.21 -7.26 -4.97 -4.61 -8.68

Hung Fook Tong Group Holdings 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 -2.14 -2.11 -2.50 -3.22 -5.46

Hung Fook Tong Group 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-8.7 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.


Hung Fook Tong Group Holdings  (HKSE:01446) 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.

Hung Fook Tong Group Holdings's Interest Expense for the six months ended in Dec. 2023 was HK$-5.5 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$-22.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$72.9 Mil.

Hung Fook Tong Group Holdings's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Hung Fook Tong Group 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.


Hung Fook Tong Group Holdings (HKSE:01446) Business Description

Traded in Other Exchanges
N/A
Address
11 Dai King Street, Tai Po Industrial Estate, New Territories, Tai Po, Hong Kong, HKG
Hung Fook Tong Group Holdings Ltd is engaged in the production and sales of Chinese herbal drinks and other drink products, Chinese-style soups, herbal tortoise plastron jelly, and other food products under the Hung Fook Tong brand. Its segments include Hong Kong Retail and Wholesale. It derives the majority of its revenue from Hong Kong Retail segment with a presence in PRC, Hong Kong, and Overseas Countries.
Executives
Tse Po Tat 2201 Interest of corporation controlled by you
Wong Pui Chu 2201 Interest of corporation controlled by you
Prestigious Time Limited 2103 Interests held jointly with another person
Think Expert Investments Limited 2103 Interests held jointly with another person
Yitao Investments Limited 2103 Interests held jointly with another person
Chan Suk Hing Comita 2202 Interest of your spouse
Kwan Chan Lai Lai 2202 Interest of your spouse
Kwan Wang Yung

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