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Activation Group Holdings (HKSE:09919) Interest Expense : HK$-0 Mil (TTM As of Dec. 2023)


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What is Activation Group Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Activation Group Holdings's interest expense for the six months ended in Dec. 2023 was HK$ -0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-0 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. Activation Group Holdings's Operating Income for the six months ended in Dec. 2023 was HK$ 119 Mil. Activation Group Holdings's Interest Expense for the six months ended in Dec. 2023 was HK$ -0 Mil. Activation Group Holdings's Interest Coverage for the quarter that ended in Dec. 2023 was 515.11. 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.


Activation Group Holdings Interest Expense Historical Data

The historical data trend for Activation Group 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.

Activation Group Holdings Interest Expense Chart

Activation Group Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -5.02 -2.98 -0.75 -0.59 -0.45

Activation Group Holdings 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.38 -0.28 -0.32 -0.22 -0.23

Activation Group 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-0 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.


Activation Group Holdings  (HKSE:09919) 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.

Activation Group Holdings's Interest Expense for the six months ended in Dec. 2023 was HK$-0 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$119 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$4 Mil.

Activation Group Holdings'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*118.99/-0.231
=515.11

* 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Activation Group Holdings Ltd has enough cash to cover all of its debt. Its financial situation is stable.


Activation Group Holdings (HKSE:09919) Business Description

Traded in Other Exchanges
N/A
Address
No. 399A Liu Zhou Road, 8th Floor, Hengdi Warehouse International Building, Xuhui District, Shanghai, CHN, 200235
Activation Group Holdings Ltd is an integrated marketing solutions provider. The company focuses on the provision of experiential marketing, digital and brand communication, and public relations services. Its operating segment includes Experiential marketing services, Digital and communication services and IP development. The company generates maximum revenue from Experiential marketing services. Geographically, it derives a majority of revenue from Mainland China and also has a presence in Hong Kong/Singapore.
Executives
Lau Kam Yiu 2101 Beneficial owner
Rays Capital Partners Limited 2102 Investment manager
Ruan David Ching Chi 2201 Interest of corporation controlled by you
Snow Lake China Master Fund, Ltd. 2101 Beneficial owner
Snow Lake China Offshore Fund, Ltd. 2201 Interest of corporation controlled by you
Snow Lake Management Llc 2201 Interest of corporation controlled by you
Snow Lake Management Lp 2102 Investment manager
Ma Sean 2201 Interest of corporation controlled by you
Ai De Zhong Xin Shang Hai Tou Zi Guan Li Qi Ye You Xian He Huo 2101 Beneficial owner
Low Wei Mun 2101 Beneficial owner
Chan Wai Bun 2101 Beneficial owner
Li Meixuan 2202 Interest of your spouse
Chung Wing Ting 2202 Interest of your spouse
Ng Bo Sing 2101 Beneficial owner
Act Partners Global Ltd. 2201 Interest of corporation controlled by you

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