Yangtzekiang Garment (HKSE:00294) Interest Expense : HK$-0.9 Mil (TTM As of Mar. 2024)

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What is Yangtzekiang Garment Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Yangtzekiang Garment's interest expense for the six months ended in Mar. 2024 was HK$ -0.6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was HK$-0.9 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. Yangtzekiang Garment's Operating Income for the six months ended in Mar. 2024 was HK$ -6.0 Mil. Yangtzekiang Garment's Interest Expense for the six months ended in Mar. 2024 was HK$ -0.6 Mil. Yangtzekiang Garment did not have earnings to cover the interest expense. 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.

Yangtzekiang Garment Interest Expense Historical Data

The historical data trend for Yangtzekiang Garment'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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Yangtzekiang Garment Interest Expense Chart

Yangtzekiang Garment Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-4.25

-3.59

-3.11

-1.60

-0.87

Yangtzekiang Garment Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Interest Expense	Get a 7-Day Free Trial															-1.86	-1.07	-0.53	-0.28	-0.59

Yangtzekiang Garment 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 Mar. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-0.9 Mil.

Yangtzekiang Garment (HKSE:00294) 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.

Yangtzekiang Garment's Interest Expense for the six months ended in Mar. 2024 was HK$-0.6 Mil. Its Operating Income for the six months ended in Mar. 2024 was HK$-6.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2024 was HK$0.1 Mil.

Yangtzekiang Garment's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Yangtzekiang Garment did not have earnings to cover the interest expense.

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

Yangtzekiang Garment Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Yangtzekiang Garment Ltd (HKSE:00294) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

22 Tai Yau Street, San Po Kong, Kowloon, Hong Kong, HKG

Website

https://www.ygm.com.hk

Yangtzekiang Garment Ltd is a Hong Kong-based company principally engaged in garment and property businesses. The company operates through three segments. Manufacture and sale of garments and textiles segment which generates revenue. This segment also covers the provision of garment processing services. Interests in the joint ventures segment are engaged in the manufacture and sales of textile yarn products through its joint ventures. The property leasing segment is engaged in the leasing of commercial and industrial properties. It generates the majority of its revenue from the European region.

Executives

Chan Wing Sun	2101 Beneficial owner
Chan Wing Fui Peter	2101 Beneficial owner

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