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Pintec Technology Holdings (Pintec Technology Holdings) Interest Expense : $-2.44 Mil (TTM As of Jun. 2023)


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What is Pintec Technology Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Pintec Technology Holdings's interest expense for the six months ended in Jun. 2023 was $ -0.60 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was $-2.44 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. Pintec Technology Holdings's Operating Income for the six months ended in Jun. 2023 was $ -1.69 Mil. Pintec Technology Holdings's Interest Expense for the six months ended in Jun. 2023 was $ -0.60 Mil. Pintec Technology 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.


Pintec Technology Holdings Interest Expense Historical Data

The historical data trend for Pintec Technology 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.

Pintec Technology Holdings Interest Expense Chart

Pintec Technology Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Interest Expense
Get a 7-Day Free Trial - -2.71 -5.25 -5.10 -3.46

Pintec Technology Holdings Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 - - -1.69 -1.84 -0.60

Pintec Technology 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 semi-annually data reported by the company within the most recent 12 months, which was $-2.44 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.


Pintec Technology Holdings  (NAS:PT) 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.

Pintec Technology Holdings's Interest Expense for the six months ended in Jun. 2023 was $-0.60 Mil. Its Operating Income for the six months ended in Jun. 2023 was $-1.69 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2023 was $0.00 Mil.

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

Pintec Technology 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.


Pintec Technology Holdings (Pintec Technology Holdings) Business Description

Traded in Other Exchanges
N/A
Address
No. 109 Yard Tianjizhigu, 3rd Floor, No. 11 Building, Jinghai 3rd Street, BDA, Beijing, CHN, 101111
Pintec Technology Holdings Ltd is a technology platform that provides financial services in China in terms of loan volume facilitated. The company connects business partners and financial partners on its open platform and enables them to provide financial services to end-users. Its products include installment loans, personal loans, wealth management, insurance brokerage, SME loans, and others. The company generates its revenue from technical service fees also by providing financing for these borrowers and earn installment service fees, They earn wealth management services fees and commission on financial products.