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Chi Kan Holdings (HKSE:09913) Interest Expense : HK$-2 Mil (TTM As of Sep. 2023)


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What is Chi Kan Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Chi Kan Holdings's interest expense for the six months ended in Sep. 2023 was HK$ -1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was HK$-2 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. Chi Kan Holdings's Operating Income for the six months ended in Sep. 2023 was HK$ 35 Mil. Chi Kan Holdings's Interest Expense for the six months ended in Sep. 2023 was HK$ -1 Mil. Chi Kan Holdings's Interest Coverage for the quarter that ended in Sep. 2023 was 35.16. 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.

Chi Kan Holdings Interest Expense Historical Data

The historical data trend for Chi Kan 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.

Chi Kan Holdings Interest Expense Chart

Chi Kan Holdings Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Interest Expense
Get a 7-Day Free Trial -0.01 -0.04 -0.01 -0.55 -1.39

Chi Kan Holdings Semi-Annual Data
Mar18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -0.13 -0.42 -0.42 -0.97 -1.00

Chi Kan 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-2 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.

Chi Kan Holdings  (HKSE:09913) 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.

Chi Kan Holdings's Interest Expense for the six months ended in Sep. 2023 was HK$-1 Mil. Its Operating Income for the six months ended in Sep. 2023 was HK$35 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2023 was HK$0 Mil.

Chi Kan Holdings's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2023 )/Interest Expense (Q: Sep. 2023 )
=-1*35.191/-1.001
=35.16

* 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.

Chi Kan Holdings (HKSE:09913) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Chi Kan Holdings Ltd (HKSE:09913) » Definitions » Interest Expense
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HKSE:00331 HKSE:01599 HKSE:02355 HKSE:01977 HKSE:01726 HKSE:01183 HKSE:00830 HKSE:01780 HKSE:01499 HKSE:02236 XPAR:DG NSE:LT SHSE:601668 PWR SHSE:601390 J TSX:WSP HKSE:01800 SHSE:601186 XKRX:028260
Traded in Other Exchanges
N/A
Address
No. 650 Cheung Sha Wan Road, Rooms 1008 and 1009, 10th Floor, China Shipbuilding Tower, Kowloon, Hong Kong, HKG
Website
http://www.chikanck.com
Chi Kan Holdings Ltd is a formwork contractor, mainly engaged in the provision of formwork services. The Company is principally engaged in the business of providing formwork services and other construction services in Hong Kong. The company's services include conventional formwork which is built on-site by mainly using timber and plywood; and prefabricated formwork which is built out of prefabricated modules by mainly using aluminium and steel. It also provides other construction services, including plastering, installing curtain walls and other miscellaneous works on an ancillary basis. It derives all its revenue from Hong Kong.
Executives
Ct Vision Strategic Company Limited 2101 Beneficial owner
Ho Chun Kit Gregory 2201 Interest of corporation controlled by you
Magnificent Faith Limited 2101 Beneficial owner
Li Qiang 2201 Interest of corporation controlled by you
Zhongchuang Boli (hong Kong) Co., Ltd. 2101 Beneficial owner
Chan May Kiu 2202 Interest of your spouse
Lo Hon Kwong 2201 Interest of corporation controlled by you
Zhong Chuang Bo Li Ke Ji Kong Gu You Xian Gong Si 2101 Beneficial owner

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