LC Logistics (HKSE:02490) Interest Expense : HK$-6 Mil (TTM As of Dec. 2023)

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What is LC Logistics Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. LC Logistics's interest expense for the six months ended in Dec. 2023 was HK$ -6 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. LC Logistics's Operating Income for the six months ended in Dec. 2023 was HK$ 139 Mil. LC Logistics's Interest Expense for the six months ended in Dec. 2023 was HK$ -6 Mil. LC Logistics's Interest Coverage for the quarter that ended in Dec. 2023 was 23.58. 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.

LC Logistics Interest Expense Historical Data

The historical data trend for LC Logistics'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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LC Logistics Interest Expense Chart

LC Logistics Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Interest Expense

-4.52

-9.84

-5.39

-5.89

LC Logistics Semi-Annual Data
	Dec20	Dec21	Dec22	Dec23
Interest Expense	-4.52	-9.84	-5.39	-5.89

LC Logistics Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Interest Expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-6 Mil.

LC Logistics (HKSE:02490) 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.

LC Logistics's Interest Expense for the six months ended in Dec. 2023 was HK$-6 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$139 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$2 Mil.

LC Logistics'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	*	138.98	/	-5.893
	=	23.58

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

LC Logistics (HKSE:02490) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » LC Logistics Inc (HKSE:02490) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

9/F, China Stone Building, 37 Hong Kong Middle Road, Shinan District, Shandong Province, Qingdao, CHN

Website

http://www.burnasia.cn

LC Logistics Inc is a company involved in cross-border logistics services. The company provides services cover all major aspects of the cross-border logistics process, including cargo pick-up and sorting, customs clearance, cross-border seaborne transportation, warehouse transit and last-mile delivery.

Executives

Li Yan	2201 Interest of corporation controlled by you
Liu Quanxiang	2201 Interest of corporation controlled by you
Xu Xin	2201 Interest of corporation controlled by you
Grand Sailing Limited	2201 Interest of corporation controlled by you
Lecang Altitude Limited	2101 Beneficial owner
Glorious Sailing Limited	2101 Beneficial owner
Lecang Flourishing Limited	2101 Beneficial owner
Spring Wealth Limited	2201 Interest of corporation controlled by you
Lecang Shining Limited	2101 Beneficial owner
Peace Seaworld Limited	2201 Interest of corporation controlled by you

LC Logistics (HKSE:02490) Headlines

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