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VS Media Holdings (VS Media Holdings) Interest Expense : $-0.29 Mil (TTM As of Dec. 2023)


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What is VS Media Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. VS Media Holdings's interest expense for the six months ended in Dec. 2023 was $ -0.14 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.29 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. VS Media Holdings's Operating Income for the six months ended in Dec. 2023 was $ -4.23 Mil. VS Media Holdings's Interest Expense for the six months ended in Dec. 2023 was $ -0.14 Mil. VS Media 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.

VS Media Holdings Interest Expense Historical Data

The historical data trend for VS Media 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.

* Premium members only.

VS Media Holdings Interest Expense Chart

VS Media Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Interest Expense
-0.18 -0.19 -0.21 -0.29

VS Media Holdings Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Interest Expense Get a 7-Day Free Trial -0.10 -0.09 -0.11 -0.15 -0.14

VS Media 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 $-0.29 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.

VS Media Holdings  (NAS:VSME) 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.

VS Media Holdings's Interest Expense for the six months ended in Dec. 2023 was $-0.14 Mil. Its Operating Income for the six months ended in Dec. 2023 was $-4.23 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was $0.21 Mil.

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

VS Media 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.

VS Media Holdings (VS Media Holdings) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » VS Media Holdings Ltd (NAS:VSME) » Definitions » Interest Expense
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ICLK TRKA SWAG CNFN INUV DLPN LDWY CNET ANTE MGOL XPAR:PUB OMC SZSE:002027 IPG LSE:WPP TSE:4324 XPAR:DEC TSE:2433 ZD TSE:4751
Traded in Other Exchanges
N/A
Address
75 Hung To Road, 6th Floor, KOHO, Kwun Tong, Hong Kong, HKG
Website
https://www.vs-media.com
VS Media Holdings Ltd manages a global network of digital Creators who create and publish content to social media platforms such as YouTube, Facebook, Instagram, and TikTok. Its Creators include influencers, KOLs-Key Opinion Leaders, bloggers, and other content creators who cultivate fanbases on social media platforms. The company's business provides value to two major business stakeholders: Creators and Brands. Its Value to Creators: It empowers and supports Creators by providing them with production facilities, training, and funding to produce quality content. Its Value to Brands: the company bridges the divide between Brands and Creators by helping Brands reach their target audience effectively by advising on content strategy and budget and recommending specific Creators.