GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » MS Group Holdings Ltd (HKSE:01451) » Definitions » Interest Expense

MS Group Holdings (HKSE:01451) Interest Expense : HK$-0.7 Mil (TTM As of Dec. 2023)


View and export this data going back to 2018. Start your Free Trial

What is MS Group Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. MS Group Holdings's interest expense for the six months ended in Dec. 2023 was HK$ -0.4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-0.7 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. MS Group Holdings's Operating Income for the six months ended in Dec. 2023 was HK$ 14.7 Mil. MS Group Holdings's Interest Expense for the six months ended in Dec. 2023 was HK$ -0.4 Mil. MS Group Holdings's Interest Coverage for the quarter that ended in Dec. 2023 was 39.54. 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.


MS Group Holdings Interest Expense Historical Data

The historical data trend for MS 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.

MS Group Holdings Interest Expense Chart

MS Group Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only -1.30 -0.58 -0.62 -0.71 -0.66

MS Group Holdings Semi-Annual Data
Dec15 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 -0.33 -0.28 -0.43 -0.29 -0.37

MS 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$-0.7 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.


MS Group Holdings  (HKSE:01451) 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.

MS Group Holdings's Interest Expense for the six months ended in Dec. 2023 was HK$-0.4 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$14.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$0.0 Mil.

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

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*14.67/-0.371
=39.54

* 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.


MS Group Holdings (HKSE:01451) Business Description

Traded in Other Exchanges
N/A
Address
9 Sheung Yuet Road, Room 907, 9th Floor, Enterprise Square Tower 1, Kowloon Bay, Hong Kong, HKG
MS Group Holdings Ltd produces and sells plastic bottles and baby feeding accessories. Its operating segments are the OEM business which comprises the production and sales of plastic bottles and cups for infants and toddlers and plastic sports bottles on an OEM basis predominately for the overseas markets; and the Yo Yo Monkey Business, which comprises the production and sales of infant and toddler products, particularly plastic bottles and cups, under the brand developed by the Group and known as Yo Yo Monkey, principally for the PRC market, and the majority of the revenue comes from the OEM business. Its revenue is mainly derived from the United States of America; also has a presence in the Netherlands, Italy, the PRC, and other countries.
Executives
Chau Ching 2101 Beneficial owner
Cheung Hau Ling 2202 Interest of your spouse
Chung Kwok Keung Peter 2101 Beneficial owner
Lee Yiu Chee Eugenia 2202 Interest of your spouse
Ching Wai Holdings Limited 2101 Beneficial owner
L.v.e.p. Holdings Limited 2101 Beneficial owner

MS Group Holdings (HKSE:01451) Headlines

No Headlines