Maoyan Entertainment (HKSE:01896) Interest Expense : HK$-6 Mil (TTM As of Dec. 2023)

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What is Maoyan Entertainment Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Maoyan Entertainment's interest expense for the six months ended in Dec. 2023 was HK$ -2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-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. Maoyan Entertainment's Operating Income for the six months ended in Dec. 2023 was HK$ 708 Mil. Maoyan Entertainment's Interest Expense for the six months ended in Dec. 2023 was HK$ -2 Mil. Maoyan Entertainment's Interest Coverage for the quarter that ended in Dec. 2023 was 432.44. 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.

Maoyan Entertainment Interest Expense Historical Data

The historical data trend for Maoyan Entertainment'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.

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Maoyan Entertainment Interest Expense Chart

Maoyan Entertainment Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-47.59

-44.85

-38.31

-19.14

-5.60

Maoyan Entertainment Semi-Annual Data
	Dec15	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial										-16.44	-8.41	-11.12	-3.96	-1.64

Maoyan Entertainment 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$-6 Mil.

Maoyan Entertainment (HKSE:01896) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Maoyan Entertainment's Interest Expense for the six months ended in Dec. 2023 was HK$-2 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$708 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$13 Mil.

Maoyan Entertainment'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	*	707.899	/	-1.637
	=	432.44

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. Maoyan Entertainment has enough cash to cover all of its debt. Its financial situation is stable.

Maoyan Entertainment (HKSE:01896) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Maoyan Entertainment (HKSE:01896) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

9ME:Germany

Address

No. 11 Hepingli East Street, No. 3 Building, Yonghe Hangxing Garden, Dongcheng District, Beijing, CHN

Website

https://www.maoyan.com

Maoyan Entertainment is a China-based company which mainly operates an innovative Internet-empowered entertainment service platform. The company operates in three segments. The Online Entertainment Ticketing Services segment offers online ticketing services for comprehensive entertainment formats, such as movies and entertainment events. The Entertainment Content Services segment operates an integrated platform to provide entertainment content services, ranging from distribution, and promotion to production, for various entertainment formats including movies, TV series, variety shows, and entertainment events. The Advertising Services and Others segment serves advertisers in both the entertainment industry and other industries including automobile, electronics, and consumer products.

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