Movella Holdings (Movella Holdings) Interest Expense : $-0.70 Mil (TTM As of Jun. 2023)

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What is Movella Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Movella Holdings's interest expense for the three months ended in Jun. 2023 was $ -0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was $-0.70 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. Movella Holdings's Operating Income for the three months ended in Jun. 2023 was $ -7.74 Mil. Movella Holdings's Interest Expense for the three months ended in Jun. 2023 was $ -0.01 Mil. Movella 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.

Movella Holdings Interest Expense Historical Data

The historical data trend for Movella 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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Movella Holdings Interest Expense Chart

Movella Holdings Annual Data

Trend

Dec20

Dec21

Dec22

Interest Expense

-1.63

-1.97

-2.17

Movella Holdings Quarterly Data
	Dec20	Jun21	Dec21	Mar22	Jun22	Dec22	Mar23	Jun23
Interest Expense	Get a 7-Day Free Trial			-0.40	-0.66	-0.52	-0.17	-0.01

Movella 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 Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.70 Mil.

Movella Holdings (OTCPK:MVLA) 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.

Movella Holdings's Interest Expense for the three months ended in Jun. 2023 was $-0.01 Mil. Its Operating Income for the three months ended in Jun. 2023 was $-7.74 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2023 was $53.39 Mil.

Movella Holdings's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

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

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

Movella Holdings (Movella Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Movella Holdings Inc (OTCPK:MVLA) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

3535 Executive Terminal Drive, Suite 110, Henderson, NV, USA, 89052

Website

https://www.movella.com

Movella Holdings Inc is a full-stack provider of sensors, software, and analytics that enable the digitization of movement. It serves the entertainment, health & sports, and automation & mobility markets.

Executives

Ben A Lee	director, officer: See Remarks	3408 GARRETT DRIVE, SANTA CLARA CA 95054
Stephen M Smith	officer: Chief Financial Officer
Boele De Bie	officer: Chief Operating Officer	C/O MOVELLA INC., 2570 NORTH FIRST STREET, SUITE 300, SAN JOSE CA 95131
Industry Ventures Tech Buyout, Lp	10 percent owner	30 HOTALING PLACE, 3RD FLOOR, SAN FRANCISCO CA 94111
Fp Credit Partners Phoenix Ii, L.p.	10 percent owner	ONE LETTERMAN DR, BUILDING C - STE 410, SAN FRANCISCO CA 94129
Fp Credit Partners Gp Ii, L.p.	10 percent owner	ONE LETTERMAN DR, BUILDING C - STE 410, SAN FRANCISCO CA 94129
Fp Credit Partners Ii, L.p.	10 percent owner	ONE LETTERMAN DR, BUILDING C - STE 410, SAN FRANCISCO CA 94129
Fp Credit Partners Gp Ii Management, Llc	10 percent owner	ONE LETTERMAN DR, BUILDING C - STE 410, SAN FRANCISCO CA 94129
Iv Tech Buyout Gp, Llc	10 percent owner	1950 UNIVERSITY AVENUE, SUITE 350, PALO ALTO CA 94303
Arrowhead Holdings, Llc / New	10 percent owner	1950 UNIVERSITY AVENUE, SUITE 350, PALO ALTO CA 94303
Hggc Pathfinder Holdings I, Llc	10 percent owner	1950 UNIVERSITY AVENUE, SUITE 350, PALO ALTO CA 94303
Pathfinder Acquisition Llc	10 percent owner	1950 UNIVERSITY AVENUE, PALO ALTO CA 94303
Chung David H S	director	10900 NE 8TH STREET, SUITE 800, BELLEVUE WA 98004
Eric Salzman	director	C/O 8X8 INC., 675 CREEKSIDE WAY, CAMPCALL CA 95008
Wen Hsuan Hsieh	director	C/O DESKTOP METAL, INC., 63 THIRD AVENUE, BURLINGTON MA 01803