Newborn Town (HKSE:09911) Interest Expense : HK$-7 Mil (TTM As of Dec. 2023)

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What is Newborn Town Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Newborn Town's interest expense for the six months ended in Dec. 2023 was HK$ -4 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. Newborn Town's Operating Income for the six months ended in Dec. 2023 was HK$ 338 Mil. Newborn Town's Interest Expense for the six months ended in Dec. 2023 was HK$ -4 Mil. Newborn Town's Interest Coverage for the quarter that ended in Dec. 2023 was 90.60. 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.

Newborn Town Interest Expense Historical Data

The historical data trend for Newborn Town'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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Newborn Town Interest Expense Chart

Newborn Town Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-0.11

-4.39

-7.14

-1.69

-6.51

Newborn Town Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial									-2.82	-0.15	-1.55	-2.78	-3.73

Newborn Town 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.

Newborn Town (HKSE:09911) 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.

Newborn Town's Interest Expense for the six months ended in Dec. 2023 was HK$-4 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$338 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$83 Mil.

Newborn Town'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	*	338.016	/	-3.731
	=	90.60

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

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Newborn Town Inc has enough cash to cover all of its debt. Its financial situation is stable.

Newborn Town (HKSE:09911) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Newborn Town Inc (HKSE:09911) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Xiaoyun Road 33rd Building, 6th Floor, Tower B, Chaoyang District, Beijing, CHN

Website

https://www.newborntown.com

Newborn Town Inc is a mobile app developer and mobile advertising platform services provider based on AI technologies. The company operates through two segments namely, Social networking business and Innovative business. It generates majority revenue from Social networking business segment.

Executives

Li Ping
Liu Chunhe	2201 Interest of corporation controlled by you
Parallel World Limited
Spriver Tech Limited	2101 Beneficial owner
Bgfg Limited
Du Li	2201 Interest of corporation controlled by you
Phoenix Auspicious Fintech Investment L.p.
Phoenix Wealth (cayman) Asset Management Limited
Phoenix Wealth (hong Kong) Asset Management Limited

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