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Fenbi (HKSE:02469) Interest Expense : HK$-7 Mil (TTM As of Dec. 2023)


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What is Fenbi Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Fenbi's interest expense for the six months ended in Dec. 2023 was HK$ -3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-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. Fenbi's Operating Income for the six months ended in Dec. 2023 was HK$ 108 Mil. Fenbi's Interest Expense for the six months ended in Dec. 2023 was HK$ -3 Mil. Fenbi's Interest Coverage for the quarter that ended in Dec. 2023 was 34.96. 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.


Fenbi Interest Expense Historical Data

The historical data trend for Fenbi'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.

Fenbi Interest Expense Chart

Fenbi Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
-1.58 -8.58 -24.49 -13.43 -6.65

Fenbi Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Interest Expense Get a 7-Day Free Trial -10.76 -9.08 -4.78 -3.58 -3.08

Fenbi 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$-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.


Fenbi  (HKSE:02469) 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.

Fenbi's Interest Expense for the six months ended in Dec. 2023 was HK$-3 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$108 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$78 Mil.

Fenbi'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*107.55/-3.076
=34.96

* 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.


Fenbi (HKSE:02469) Business Description

Traded in Other Exchanges
N/A
Address
Jiuxianqiao North Road, Room 601, 1-6th Floor, Building 103, No. 10 Courtyard, Chaoyang District, Beijing, CHN
Fenbi Ltd operates as a non-formal vocational education and training (VET) service provider in China. The company is a career test preparation service provider in China, providing a comprehensive suite of recruitment and qualification examination tutoring courses for adult students pursuing careers in government-sponsored institutions and a number of professions and industries. It helps college graduates excel in the competitive selection process administered by governmental institutions, and help professionals obtain the relevant qualifications.
Executives
Li Yong 2103 Interests held jointly with another person
Wei Liang 2201 Interest of corporation controlled by you
Zhang Xiaolong 2201 Interest of corporation controlled by you
Li Xin 2103 Interests held jointly with another person
Chalk Sky Ltd 2101 Beneficial owner
Sonata (bvi) Limited 2201 Interest of corporation controlled by you
Ocorian Singapore Trust Company Pte. Ltd. 2301 Trustee
Ark Trust (hong Kong) Limited 2301 Trustee
Tencent Holdings Limited
Ho Chi Sing 2201 Interest of corporation controlled by you
Idg-accel China Growth Fund Gp Iii Associates Ltd. 2201 Interest of corporation controlled by you
Zhou Quan 2201 Interest of corporation controlled by you
Matrix China Management Ii, L.p. 2201 Interest of corporation controlled by you
Matrix China Ii Gp Gp, Ltd. 2201 Interest of corporation controlled by you
Idg-accel China Growth Fund Iii L.p. 2101 Beneficial owner

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