Weimob (HKSE:02013) Interest Expense : HK$-165 Mil (TTM As of Dec. 2023)

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What is Weimob Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Weimob's interest expense for the six months ended in Dec. 2023 was HK$ -78 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-165 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. Weimob's Operating Income for the six months ended in Dec. 2023 was HK$ -382 Mil. Weimob's Interest Expense for the six months ended in Dec. 2023 was HK$ -78 Mil. Weimob 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.

Weimob Interest Expense Historical Data

The historical data trend for Weimob'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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Weimob Interest Expense Chart

Weimob Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-14.63

-37.90

-111.59

-191.03

-165.41

Weimob 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											-77.31	-93.25	-102.19	-87.47	-77.93

Weimob 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$-165 Mil.

Weimob (HKSE:02013) 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.

Weimob's Interest Expense for the six months ended in Dec. 2023 was HK$-78 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$-382 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$452 Mil.

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

Weimob did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's financial strength is.

Weimob (HKSE:02013) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Weimob Inc (HKSE:02013) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

36W:Germany

Address

258 Changjiang Road, Weimob Building, Baoshan District, Shanghai, CHN

Website

https://www.weimob.com

Weimob Inc is a provider of cloud business and marketing solutions for small and medium-sized enterprises in China. The company operates in three segments: Subscription solutions, Merchant solutions, and Digital media. It provides SaaS and other software in its Subscription Solutions segment for e-commerce, Retail, catering, hotel, local life, and other industries, enabling merchants to carry out private traffic management. The company helps merchants obtain public domain traffic and support them to achieve digital upgrade with full chain services and operations through its Merchant Solutions segment. Digital Media mainly comprises its advertisement placement services offered to certain merchants.

Executives

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