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Topsports International Holdings (HKSE:06110) Interest Expense : HK$-204 Mil (TTM As of Aug. 2023)


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What is Topsports International Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Topsports International Holdings's interest expense for the six months ended in Aug. 2023 was HK$ -84 Mil. Its interest expense for the trailing twelve months (TTM) ended in Aug. 2023 was HK$-204 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. Topsports International Holdings's Operating Income for the six months ended in Aug. 2023 was HK$ 1,862 Mil. Topsports International Holdings's Interest Expense for the six months ended in Aug. 2023 was HK$ -84 Mil. Topsports International Holdings's Interest Coverage for the quarter that ended in Aug. 2023 was 22.14. 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.


Topsports International Holdings Interest Expense Historical Data

The historical data trend for Topsports International Holdings'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.

Topsports International Holdings Interest Expense Chart

Topsports International Holdings Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Interest Expense
Get a 7-Day Free Trial -246.03 -302.40 -335.19 -267.78 -242.37

Topsports International Holdings Semi-Annual Data
Feb17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -133.15 -131.55 -123.57 -119.46 -84.11

Topsports International Holdings 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 Aug. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-204 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.


Topsports International Holdings  (HKSE:06110) 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.

Topsports International Holdings's Interest Expense for the six months ended in Aug. 2023 was HK$-84 Mil. Its Operating Income for the six months ended in Aug. 2023 was HK$1,862 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Aug. 2023 was HK$1,599 Mil.

Topsports International Holdings's Interest Coverage for the quarter that ended in Aug. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Aug. 2023 )/Interest Expense (Q: Aug. 2023 )
=-1*1861.831/-84.108
=22.14

* 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.


Topsports International Holdings (HKSE:06110) Business Description

Traded in Other Exchanges
Address
No. 928 Liuzhou Road, 22nd Floor, Belle International Building, Xuhui District, Shanghai, CHN
Topsports is the largest sportswear retailer in China, generating the majority of its revenue from selling products of international sportswear brands. The business operates as an intermediary between brand owners and consumers seeking to buy sportswear. The firm operates more than 6,500 stores directly as of the end of fiscal 2023, and most of these "single-brand" stores have been opened under the names of sportswear brands that it partners with, such as Nike and Adidas. In addition to these two sportswear giants, Topsports also has partnerships with sportswear brands such as Puma, Li Ning, Asics, and The North Face. While most of Topsports' sales take place in stores, the firm also operates online shops under the Topsports brand on major e-commerce platforms such as Alibaba and JD.com.

Topsports International Holdings (HKSE:06110) Headlines

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