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FIH Mobile (HKSE:02038) Interest Expense : HK$-474 Mil (TTM As of Dec. 2023)


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What is FIH Mobile Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. FIH Mobile's interest expense for the six months ended in Dec. 2023 was HK$ -289 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-474 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. FIH Mobile's Operating Income for the six months ended in Dec. 2023 was HK$ 73 Mil. FIH Mobile's Interest Expense for the six months ended in Dec. 2023 was HK$ -289 Mil. FIH Mobile's Interest Coverage for the quarter that ended in Dec. 2023 was 0.25. 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.


FIH Mobile Interest Expense Historical Data

The historical data trend for FIH Mobile'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.

FIH Mobile Interest Expense Chart

FIH Mobile Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -293.03 -94.45 -69.23 -230.28 -473.27

FIH Mobile Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 -38.60 -56.91 -173.83 -184.48 -289.35

FIH Mobile 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$-474 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.


FIH Mobile  (HKSE:02038) 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.

FIH Mobile's Interest Expense for the six months ended in Dec. 2023 was HK$-289 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$73 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$21 Mil.

FIH Mobile'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*72.545/-289.345
=0.25

* 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.


FIH Mobile (HKSE:02038) Business Description

Traded in Other Exchanges
Address
No.4 Minsheng Street, Tucheng District, New Taipei City, TWN, 236
FIH Mobile Ltd is a provider of manufacturing services to the handset and wireless communications industry. The firm's services include product development and design, manufacturing and assembly, and after-sale maintenance and repairs. A majority of the firm's revenue is generated in Asia, with the rest coming from Europe and America region.
Executives
Foxconn (far East) Limited
Hon Hai Precision Industry Co. Ltd.

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