Golik Holdings (HKSE:01118) Interest Expense : HK$-53 Mil (TTM As of Dec. 2023)

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What is Golik Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Golik Holdings's interest expense for the six months ended in Dec. 2023 was HK$ -29 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-53 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. Golik Holdings's Operating Income for the six months ended in Dec. 2023 was HK$ 162 Mil. Golik Holdings's Interest Expense for the six months ended in Dec. 2023 was HK$ -29 Mil. Golik Holdings's Interest Coverage for the quarter that ended in Dec. 2023 was 5.60. 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.

Golik Holdings Interest Expense Historical Data

The historical data trend for Golik 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.

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Golik Holdings Interest Expense Chart

Golik Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-42.20

-31.84

-27.13

-41.52

-52.88

Golik Holdings 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															-13.77	-14.99	-26.53	-23.91	-28.97

Golik 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$-53 Mil.

Golik Holdings (HKSE:01118) 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.

Golik Holdings's Interest Expense for the six months ended in Dec. 2023 was HK$-29 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$162 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$147 Mil.

Golik 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	*	162.185	/	-28.973
	=	5.60

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

Golik Holdings (HKSE:01118) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Golik Holdings Ltd (HKSE:01118) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

18 Harbour Road, Suite 6505, Central Plaza, Wanchai, Hong Kong, HKG

Website

https://www.golik.com

Golik Holdings Ltd is involved in the manufacturing, processing, and distribution of steel, metal products, and building construction materials. The operating segments of the group are Metal products and Building Construction Materials. It offers Steel coil processing, steel wires and wire rope products, Concrete products, Construction steel products and processing, and other construction products and Printing materials. The group has a business presence in Hong Kong, Mainland China, Macau, and other countries, of which key revenue is derived from Hong Kong.

Executives

Golik Investments Ltd.
Pang Tak Chung

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