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Byte Metaverse Holdings (HKSE:08645) Interest Expense : HK$-0.4 Mil (TTM As of Dec. 2023)


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What is Byte Metaverse Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Byte Metaverse Holdings's interest expense for the three months ended in Dec. 2023 was HK$ -0.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-0.4 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. Byte Metaverse Holdings's Operating Income for the three months ended in Dec. 2023 was HK$ -7.6 Mil. Byte Metaverse Holdings's Interest Expense for the three months ended in Dec. 2023 was HK$ -0.1 Mil. Byte Metaverse Holdings 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.


Byte Metaverse Holdings Interest Expense Historical Data

The historical data trend for Byte Metaverse 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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Byte Metaverse Holdings Interest Expense Chart

Byte Metaverse Holdings Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Interest Expense
Get a 7-Day Free Trial -0.82 -0.65 -0.24 -0.32 -0.47

Byte Metaverse Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.13 -0.11 -0.08 -0.11 -0.12

Byte Metaverse 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 quarterly data reported by the company within the most recent 12 months, which was HK$-0.4 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.


Byte Metaverse Holdings  (HKSE:08645) 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.

Byte Metaverse Holdings's Interest Expense for the three months ended in Dec. 2023 was HK$-0.1 Mil. Its Operating Income for the three months ended in Dec. 2023 was HK$-7.6 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was HK$1.1 Mil.

Byte Metaverse Holdings's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Byte Metaverse Holdings did not have earnings to cover the interest expense.

* 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.


Byte Metaverse Holdings (HKSE:08645) Business Description

Traded in Other Exchanges
N/A
Address
98 Thomson Road, Unit B, 13th Floor, Winsan Tower, Hong Kong, HKG
Michong Metaverse (China) Holdings Group Ltd is an investment holding company. The company is engaged in network support services which mainly encompass network infrastructure design and hardware installation, network management and security services; network connectivity services that focus on providing intranet and internet connectivity solutions and value-added services; and E-Commerce.
Executives
Thrive Harvest Limited 2101 Beneficial owner
Worldtone Riches Investment Limited 2101 Beneficial owner
Yu Decai 2201 Interest of corporation controlled by you
Garden Wealth Limited 2101 Beneficial owner
Wu Han Jia You Xin Xi Ke Ji You Xian Gong Si 2101 Beneficial owner
Shen Zhen Shi Hui Tong Ying Fu Yi Hao Gu Quan Tou Zi Ji Jin He Huo Qi Ye You Xian He Huo 2101 Beneficial owner

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