ECARX Holdings (ECARX Holdings) Interest Expense : $-11.5 Mil (TTM As of Mar. 2024)

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What is ECARX Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. ECARX Holdings's interest expense for the three months ended in Mar. 2024 was $ -3.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-11.5 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. ECARX Holdings's Operating Income for the three months ended in Mar. 2024 was $ -35.4 Mil. ECARX Holdings's Interest Expense for the three months ended in Mar. 2024 was $ -3.0 Mil. ECARX 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.

ECARX Holdings Interest Expense Historical Data

The historical data trend for ECARX 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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ECARX Holdings Interest Expense Chart

ECARX Holdings Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Interest Expense

-9.04

-20.66

-6.39

-11.11

ECARX Holdings Quarterly Data
	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial						-2.63	-2.81	-2.73	-2.97	-2.96

ECARX 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 $-11.5 Mil.

ECARX Holdings (NAS:ECX) 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.

ECARX Holdings's Interest Expense for the three months ended in Mar. 2024 was $-3.0 Mil. Its Operating Income for the three months ended in Mar. 2024 was $-35.4 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $78.9 Mil.

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

ECARX Holdings did not have earnings to cover the interest expense.

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

ECARX Holdings (ECARX Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » ECARX Holdings Inc (NAS:ECX) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 St. Katharine’s Way, ECARX office, 2nd Floor South, International House, London, GBR, E1W 1UN

Website

https://www.ecarxgroup.com

ECARX Holdings Inc is engaged in the sales of system-on-chip core modules, automotive computing platform products, software stacks as well as the provision of research and development services primarily in the People's Republic of China. The company's core products include infotainment head units, digital cockpits, vehicle chip-set solutions, a core operating system and integrated software stack. Beyond this, ECARX is developing a full-stack automotive computing platform. It is engaged in automotive intelligence and networking.

Executives

Jun Hong Heng

director

C/O CRESCENT COVE ACQUISITION CORP., 530 BUSH STREET, SUITE 703, SAN FRANCISCO CA 94108