Holly Futures Co (HKSE:03678) Interest Expense : HK$-5 Mil (TTM As of Dec. 2023)

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What is Holly Futures Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Holly Futures Co's interest expense for the three months ended in Dec. 2023 was HK$ -7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-5 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. Holly Futures Co's Operating Income for the three months ended in Dec. 2023 was HK$ 14 Mil. Holly Futures Co's Interest Expense for the three months ended in Dec. 2023 was HK$ -7 Mil. Holly Futures Co's Interest Coverage for the quarter that ended in Dec. 2023 was 1.94. 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.

Holly Futures Co Interest Expense Historical Data

The historical data trend for Holly Futures Co'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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Holly Futures Co Interest Expense Chart

Holly Futures Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-2.02

-2.96

-10.24

-8.99

-8.40

Holly Futures Co Quarterly Data
	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-8.43	-	3.02	-7.47	-0.27

Holly Futures Co 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 quarterly data reported by the company within the most recent 12 months, which was HK$-5 Mil.

Holly Futures Co (HKSE:03678) 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.

Holly Futures Co's Interest Expense for the three months ended in Dec. 2023 was HK$-7 Mil. Its Operating Income for the three months ended in Dec. 2023 was HK$14 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was HK$93 Mil.

Holly Futures Co'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	*	14.46	/	-7.467
	=	1.94

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

Holly Futures Co (HKSE:03678) Business Description

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001236:China

Address

Jiang Dong Zhong Road, Building 3, No. 399, Jianye District, Jiangsu Province, Nanjing, CHN, 210019

Website

https://www.ftol.com.cn

Holly Futures Co Ltd is engaged in futures brokerage and asset management businesses. The company operates through two segments. The Futures Brokerage and Asset Management segment is engaged in the trading of commodity futures and financial futures on behalf of clients and the development and sales of asset management products and services. This segment is also involved in the investment in asset management plans, bank wealth management products, listed and unlisted securities, trust schemes, funds, and derivative financial instruments. The Commodity Trading and Risk Management segment is engaged in the provision of purchase and resale of commodities, futures arbitrage, variation basis trading, and hedging. The company has operations in Mainland China and Hong Kong.

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