Futu Holdings (Futu Holdings) Interest Expense : $-28 Mil (TTM As of Mar. 2024)

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What is Futu Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Futu Holdings's interest expense for the three months ended in Mar. 2024 was $ 0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-28 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. Futu Holdings's Operating Income for the three months ended in Mar. 2024 was $ 152 Mil. Futu Holdings's Interest Expense for the three months ended in Mar. 2024 was $ 0 Mil. GuruFocus does not calculate Futu Holdings's interest coverage with the available data. 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.

Futu Holdings Interest Expense Historical Data

The historical data trend for Futu 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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Futu Holdings Interest Expense Chart

Futu Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-11.43

-23.88

-48.33

-37.57

Futu Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-16.67	-28.14	-	-	-

Futu 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-28 Mil.

Futu Holdings (NAS:FUTU) 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.

Futu Holdings's Interest Expense for the three months ended in Mar. 2024 was $0 Mil. Its Operating Income for the three months ended in Mar. 2024 was $152 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $14 Mil.

Futu Holdings's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

GuruFocus does not calculate Futu Holdings's interest coverage with the available data.

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

Futu Holdings (Futu Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Futu Holdings Ltd (NAS:FUTU) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

0FUT:UK 6FHA:Germany 6FHA:Germany

Address

No. 18 Bonham Strand West, 11th Floor, Bangkok Bank Building, Sheung Wan, Hong Kong, HKG

Website

https://www.futuholdings.com

Futu Holdings Ltd is an online broker providing one-stop online investing services. The company provides its services through its digital platform Futu NiuNiu, which includes market data, trading service, and news feed of Hong Kong, Mainland China, Singapore, and United States equity markets. It generates its revenue in the form of brokerage commission and handling charge services.