Galaxy Core (SHSE:688728) Interest Expense : ¥-230 Mil (TTM As of Mar. 2024)

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What is Galaxy Core Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Galaxy Core's interest expense for the three months ended in Mar. 2024 was ¥ -62 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-230 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. Galaxy Core's Operating Income for the three months ended in Mar. 2024 was ¥ 77 Mil. Galaxy Core's Interest Expense for the three months ended in Mar. 2024 was ¥ -62 Mil. Galaxy Core's Interest Coverage for the quarter that ended in Mar. 2024 was 1.24. 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.

Galaxy Core Interest Expense Historical Data

The historical data trend for Galaxy Core'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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Galaxy Core Interest Expense Chart

Galaxy Core Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-15.45

-53.11

-102.40

-108.78

-204.91

Galaxy Core Quarterly Data
	Dec17	Dec18	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															-37.42	-37.80	-48.45	-81.25	-62.09

Galaxy Core 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 ¥-230 Mil.

Galaxy Core (SHSE:688728) 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.

Galaxy Core's Interest Expense for the three months ended in Mar. 2024 was ¥-62 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥77 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥4,643 Mil.

Galaxy Core'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	*	76.986	/	-62.094
	=	1.24

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

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Galaxy Core Inc interest coverage is 1.74, which is low.

Galaxy Core (SHSE:688728) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Galaxy Core Inc (SHSE:688728) » Definitions » Interest Expense

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Address

No. 560 Shengxia Road, 11th Floor, Building 2, Pudong New Area, Shanghai, CHN, 201203

Website

https://www.gcoreinc.com

Galaxy Core Inc is engaged in the research and development, design and sales of CMOS image sensors and display driver chips.

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