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Hisense Visual Technology Co (SHSE:600060) Interest Expense : ¥-50 Mil (TTM As of Mar. 2024)


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What is Hisense Visual Technology Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Hisense Visual Technology Co's interest expense for the three months ended in Mar. 2024 was ¥ -16 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-50 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. Hisense Visual Technology Co's Operating Income for the three months ended in Mar. 2024 was ¥ 552 Mil. Hisense Visual Technology Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -16 Mil. Hisense Visual Technology Co's Interest Coverage for the quarter that ended in Mar. 2024 was 34.48. 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.

Hisense Visual Technology Co Interest Expense Historical Data

The historical data trend for Hisense Visual Technology Co'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.

Hisense Visual Technology Co Interest Expense Chart

Hisense Visual Technology Co 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 -57.88 -31.94 -25.33 -11.70 -48.98

Hisense Visual Technology Co 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 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 -15.28 -16.62 -12.99 -4.09 -16.00

Hisense Visual Technology Co 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 ¥-50 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.

Hisense Visual Technology Co  (SHSE:600060) 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.

Hisense Visual Technology Co's Interest Expense for the three months ended in Mar. 2024 was ¥-16 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥552 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥759 Mil.

Hisense Visual Technology Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*551.552/-15.997
=34.48

* 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.

Hisense Visual Technology Co (SHSE:600060) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Hisense Visual Technology Co Ltd (SHSE:600060) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
No.218, Qian Wangang Road, Economic and Technological Development Zone, Shandong Province, Qingdao, CHN, 266555
Website
http://www.hisense.cn
Hisense Visual Technology Co Ltd is engaged in the distribution and servicing of home appliances, telecommunications, green energy-saving refrigeration technology, and information technologies. Its brand includes Kelon, Ronshen, Vidaa among others.
Executives
Li Jia senior management
Yu Zhi Tao Directors, senior managers
Liu Sha Sha senior management
Cheng Kai Xun Director
Wu Hai Yan senior management
Lin Lan Director
Dai Hui Zhong Director
Zhou Hou Jian Director
Xia Feng senior management
Liu Jiang Yan senior management
Tian Ye Director
Yu Shu Min Director
Liu Hong Xin Director
Mi Liang Yuan senior management
Liu Xin senior management

Hisense Visual Technology Co (SHSE:600060) Headlines

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