GCL Technology Holdings (HKSE:03800) Interest Expense : HK$-457 Mil (TTM As of Dec. 2023)

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What is GCL Technology Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. GCL Technology Holdings's interest expense for the six months ended in Dec. 2023 was HK$ -222 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-457 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. GCL Technology Holdings's Operating Income for the six months ended in Dec. 2023 was HK$ 1,227 Mil. GCL Technology Holdings's Interest Expense for the six months ended in Dec. 2023 was HK$ -222 Mil. GCL Technology Holdings's Interest Coverage for the quarter that ended in Dec. 2023 was 5.54. 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.

GCL Technology Holdings Interest Expense Historical Data

The historical data trend for GCL 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.

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GCL Technology Holdings Interest Expense Chart

GCL Technology Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-4,391.94

-3,740.39

-397.63

-267.46

-457.02

GCL Technology Holdings 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															1,014.59	-108.50	-164.09	-235.47	-221.55

GCL 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-457 Mil.

GCL Technology Holdings (HKSE:03800) 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.

GCL Technology Holdings's Interest Expense for the six months ended in Dec. 2023 was HK$-222 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$1,227 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$10,967 Mil.

GCL Technology Holdings'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	*	1227.488	/	-221.549
	=	5.54

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

GCL Technology Holdings (HKSE:03800) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » GCL Technology Holdings Ltd (HKSE:03800) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

GCPEF:USA 3GY:Germany

Address

1 Austin Road West, Unit 1703-1706, Level 17, International Commerce Centre, Kowloon, Hong Kong, HKG

Website

http://www.gcltech.com

GCL Technology Holdings Ltd is an investment holding company. It is principally engaged in the manufacturing and sales of polysilicon and wafers for the solar industry; and the sales of electricity, development, investment, management and operation of solar projects. The company operates in two reportable segments Solar material business which mainly manufactures and sales of polysilicon and wafer to companies operating in the solar industry, and the Solar farm business which manages and operates solar farms located in the USA and the PRC. The majority of revenue is derived from the Solar material business segment.

Executives

Zhu Gongshan
Zhu Yufeng
Blackrock, Inc.	2201 Interest of corporation controlled by you
Morgan Stanley	2201 Interest of corporation controlled by you
Asia Pacific Energy Fund Limited	2201 Interest of corporation controlled by you
Credit Suisse Trust Limited	2301 Trustee
Yu Yong	2201 Interest of corporation controlled by you
Hong Shang Chan Ye Kong Gu Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you

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