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AB Builders Group (HKSE:01615) Interest Expense : HK$-0.6 Mil (TTM As of Dec. 2023)


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What is AB Builders Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. AB Builders Group's interest expense for the six months ended in Dec. 2023 was HK$ -0.5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-0.6 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. AB Builders Group's Operating Income for the six months ended in Dec. 2023 was HK$ -7.7 Mil. AB Builders Group's Interest Expense for the six months ended in Dec. 2023 was HK$ -0.5 Mil. AB Builders Group 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.


AB Builders Group Interest Expense Historical Data

The historical data trend for AB Builders 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.

AB Builders Group Interest Expense Chart

AB Builders Group 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 - -0.02 -0.03 - -0.57

AB Builders Group Semi-Annual Data
Dec14 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 Premium Member Only -0.02 - - -0.12 -0.45

AB Builders 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-0.6 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.


AB Builders Group  (HKSE:01615) 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.

AB Builders Group's Interest Expense for the six months ended in Dec. 2023 was HK$-0.5 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$-7.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$0.0 Mil.

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

AB Builders Group 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.


AB Builders Group (HKSE:01615) Business Description

Traded in Other Exchanges
N/A
Address
No. 126, Rua De Pequim, Edf. Commercial I Tak, 10th Floor, Macao, MAC
AB Builders Group Ltd operates as a construction contractor, focused on providing structural works, including substructure and superstructure works such as foundation works, basement works, piling and pile cap work, and the construction of high rise buildings, and fitting-out works. The company's reportable segments are Fitting-out works; Structural works; and Air purification business. It generates a vast majority of its revenue from the Fitting-out works segment. The company's operations are located in Macau and Hong Kong, of which key revenue is derived from Macau.
Executives
Lao Chio Seng 2201 Interest of corporation controlled by you
Wong Hio Mei 2202 Interest of your spouse
Laos International Holdings Limited 2101 Beneficial owner
Ip Kin Wa 2101 Beneficial owner
Whm Holdings Limited 2101 Beneficial owner

AB Builders Group (HKSE:01615) Headlines

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