G-Resources Group (HKSE:01051) Interest Expense : HK$0.0 Mil (TTM As of Dec. 2023)

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What is G-Resources Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. G-Resources Group's interest expense for the six months ended in Dec. 2023 was HK$ 0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$0.0 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. G-Resources Group's Operating Income for the six months ended in Dec. 2023 was HK$ -140.6 Mil. G-Resources Group's Interest Expense for the six months ended in Dec. 2023 was HK$ 0.0 Mil. G-Resources Group has no long-term debt ⁽¹⁾. 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

G-Resources Group Interest Expense Historical Data

The historical data trend for G-Resources Group'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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G-Resources Group Interest Expense Chart

G-Resources Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-1.05

-2.84

-0.05

-0.02

G-Resources Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial															-0.03	-0.02	-	-	-

G-Resources Group 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$0.0 Mil.

G-Resources Group (HKSE:01051) 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.

G-Resources Group's Interest Expense for the six months ended in Dec. 2023 was HK$0.0 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$-140.6 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$0.0 Mil.

G-Resources Group's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

G-Resources Group had no long-term debt ⁽¹⁾.

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

Good Sign:

G-Resources Group Ltd has no debt.

G-Resources Group (HKSE:01051) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » G-Resources Group Ltd (HKSE:01051) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

GGPXF:USA

Address

No. 151 Gloucester Road, Room 1801, 18th Floor, Capital Centre, Wanchai, Hong Kong, HKG

Website

https://www.g-resources.com

G-Resources Group Ltd is an investment and financial services company. The company is split across three segments: Principal investment business, Financial services business, and Real property business. The Principal investment business which derives majority revenue invests in listed and unlisted financial securities, including shares, bonds, and managed investments. The Financial services business generates revenue primarily from interest from money lending operations, and partly from commission income from financial services provided. The Real property business invests in Hong Kong commercial property and derives income through rent.

Executives

Ortiz Espinosa Elvin Alan	2201 Interest of corporation controlled by you
Sprout Wings Limited	2201 Interest of corporation controlled by you
19 Growth Capital Fund Gp, Inc.	2201 Interest of corporation controlled by you
19 Growth Equity Fund, Lp	2101 Beneficial owner
Buckley John Paul	2201 Interest of corporation controlled by you
Zhang Zheng	2201 Interest of corporation controlled by you
Px Capital Management Ltd.	2201 Interest of corporation controlled by you
Px Capital Partners L.p.	2101 Beneficial owner
Px Global Advisors, Llc	2201 Interest of corporation controlled by you
Xie Pengfei	2201 Interest of corporation controlled by you

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