Planet Image International (Planet Image International) Interest Expense : $-0.5 Mil (TTM As of Dec. 2023)

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What is Planet Image International Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Planet Image International's interest expense for the six months ended in Dec. 2023 was $ 0.2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.5 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. Planet Image International's Operating Income for the six months ended in Dec. 2023 was $ 3.1 Mil. Planet Image International's Interest Expense for the six months ended in Dec. 2023 was $ 0.2 Mil. Planet Image International 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.

Planet Image International Interest Expense Historical Data

The historical data trend for Planet Image International'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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Planet Image International Interest Expense Chart

Planet Image International Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

-2.32

-1.10

-1.18

-1.20

-0.54

Planet Image International Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial				-0.91	-0.96	-0.24	-0.79	0.25

Planet Image International 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 $-0.5 Mil.

Planet Image International (NAS:YIBO) 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.

Planet Image International's Interest Expense for the six months ended in Dec. 2023 was $0.2 Mil. Its Operating Income for the six months ended in Dec. 2023 was $3.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was $0.7 Mil.

Planet Image International's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

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

Planet Image International (Planet Image International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Planet Image International Ltd (NAS:YIBO) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 756 Guangfu Road, Hi-tech Development Zone, Jiangxi Province, Xinyu, CHN

Website

http://www.goaster.com

Planet Image International Ltd is engaged in manufacturing and selling compatible toner cartridges. It develops and manufactures toner cartridges that are compatible with, and can be used in, a wide range of commonly available models of laser printers from different manufacturers, or compatible toner cartridges, on a white-label or third-party brand basis or under its self-owned brands. The company also sells its branded products through online sales channels under three brands, TrueImage, CoolToner, and AZtech.

Planet Image International (Planet Image International) Headlines

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