Meilleure Health International Industry Group (HKSE:02327) Interest Expense : HK$-11.4 Mil (TTM As of Dec. 2023)

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What is Meilleure Health International Industry Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Meilleure Health International Industry Group's interest expense for the six months ended in Dec. 2023 was HK$ -5.6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-11.4 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. Meilleure Health International Industry Group's Operating Income for the six months ended in Dec. 2023 was HK$ 18.0 Mil. Meilleure Health International Industry Group's Interest Expense for the six months ended in Dec. 2023 was HK$ -5.6 Mil. Meilleure Health International Industry Group's Interest Coverage for the quarter that ended in Dec. 2023 was 3.20. 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.

Meilleure Health International Industry Group Interest Expense Historical Data

The historical data trend for Meilleure Health International Industry 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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Meilleure Health International Industry Group Interest Expense Chart

Meilleure Health International Industry Group Annual Data

Trend

Mar14

Mar15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-16.39

-13.68

-8.39

-11.45

-11.41

Meilleure Health International Industry Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial															-4.05	-4.89	-6.56	-5.79	-5.62

Meilleure Health International Industry 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$-11.4 Mil.

Meilleure Health International Industry Group (HKSE:02327) 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.

Meilleure Health International Industry Group's Interest Expense for the six months ended in Dec. 2023 was HK$-5.6 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$18.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$137.3 Mil.

Meilleure Health International Industry Group'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	*	17.992	/	-5.618
	=	3.20

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

Meilleure Health International Industry Group (HKSE:02327) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Meilleure Health International Industry Group Ltd (HKSE:02327) » Definitions » Interest Expense

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Address

89 Queensway, Unit 2906, Tower 1, Lippo Centre, Admiralty, Hong Kong, HKG

Website

http://www.meilleure.com.cn

Meilleure Health International Industry Group Ltd is an investment holding company principally engaged in the trading of healthcare products, chemical materials, and building materials. The company's operating segment includes Trading business; Agency service; Property development; Property investment and leasing; Healthcare related business and Industrial hemp business. The Trading business segment includes the trading of construction materials. Geographically, it derives a majority of revenue from PRC.

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