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WellCell Holdings Co (HKSE:02477) Interest Expense : HK$-1.2 Mil (TTM As of Dec. 2023)


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What is WellCell Holdings Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. WellCell Holdings Co's interest expense for the six months ended in Dec. 2023 was HK$ -0.6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-1.2 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. WellCell Holdings Co's Operating Income for the six months ended in Dec. 2023 was HK$ 5.8 Mil. WellCell Holdings Co's Interest Expense for the six months ended in Dec. 2023 was HK$ -0.6 Mil. WellCell Holdings Co's Interest Coverage for the quarter that ended in Dec. 2023 was 9.69. 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.


WellCell Holdings Co Interest Expense Historical Data

The historical data trend for WellCell Holdings Co'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.

WellCell Holdings Co Interest Expense Chart

WellCell Holdings Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Interest Expense
-0.68 -0.46 -1.00 -1.19

WellCell Holdings Co Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
Interest Expense Get a 7-Day Free Trial - -0.38 -0.64 -0.59 -0.60

WellCell Holdings Co 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$-1.2 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.


WellCell Holdings Co  (HKSE:02477) 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.

WellCell Holdings Co's Interest Expense for the six months ended in Dec. 2023 was HK$-0.6 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$5.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$4.5 Mil.

WellCell Holdings Co'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*5.807/-0.599
=9.69

* 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.


WellCell Holdings Co (HKSE:02477) Business Description

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WellCell Holdings Co Ltd is a telecommunication network support and information and communication technology (ICT) integration services provider and software developer in the PRC. Its telecommunication network support services mainly include the provision of (i) wireless telecommunication network enhancement services, encompassing both routine and specific services for improving connectivity, quality and coverage of a telecommunication network and/or for troubleshooting telecommunication network issues for its customers; and (ii) telecommunication network infrastructure maintenance and engineering services, involving routine maintenance and emergency restoration of the operations of base stations, and provision of engineering and labour services in projects related to the construction.
Executives
Lin Qi Hao 2101 Beneficial owner
Jia Zheng Yi 2201 Interest of corporation controlled by you
Zheng Li 2202 Interest of your spouse
Zhong Shu Min 2202 Interest of your spouse
Cheer Partners Co., Limited 2101 Beneficial owner
Shine Dynasty Co., Limited 2201 Interest of corporation controlled by you
Wellcell Group Co.,limited 2201 Interest of corporation controlled by you

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