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Get Nice Financial Group (HKSE:01469) Interest Expense : HK$-0.2 Mil (TTM As of Sep. 2023)


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What is Get Nice Financial Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Get Nice Financial Group's interest expense for the six months ended in Sep. 2023 was HK$ -0.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was HK$-0.2 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. Get Nice Financial Group's Operating Income for the six months ended in Sep. 2023 was HK$ 149.5 Mil. Get Nice Financial Group's Interest Expense for the six months ended in Sep. 2023 was HK$ -0.1 Mil. Get Nice Financial Group's Interest Coverage for the quarter that ended in Sep. 2023 was 1,680.28. 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.


Get Nice Financial Group Interest Expense Historical Data

The historical data trend for Get Nice Financial Group'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.

Get Nice Financial Group Interest Expense Chart

Get Nice Financial Group 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 -97.03 -33.15 -5.48 -0.76 -0.34

Get Nice Financial Group Semi-Annual Data
Mar13 Mar14 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 -0.49 -0.27 -0.19 -0.15 -0.09

Get Nice Financial Group 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$-0.2 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.


Get Nice Financial Group  (HKSE:01469) 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.

Get Nice Financial Group's Interest Expense for the six months ended in Sep. 2023 was HK$-0.1 Mil. Its Operating Income for the six months ended in Sep. 2023 was HK$149.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2023 was HK$0.0 Mil.

Get Nice Financial Group'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*149.545/-0.089
=1,680.28

* 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. Get Nice Financial Group Ltd has enough cash to cover all of its debt. Its financial situation is stable.


Get Nice Financial Group (HKSE:01469) Business Description

Traded in Other Exchanges
N/A
Address
183 Queen’s Road Central, 10th Floor Cosco Tower, Grand Millennium Plaza, Hong Kong, HKG
Get Nice Financial Group Ltd is an investment holding company. The company's segment includes Broking; Securities margin financing; Corporate finance; Asset Management and Investments. The company generates maximum revenue from the Securities margin financing segment. Geographically, the company derives a majority of its revenue from Hong Kong.
Executives
Honeylink Agents Limited
Hung Hon Man

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