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Zhejiang Leapmotor Technology Co (HKSE:09863) Interest Expense : HK$-79 Mil (TTM As of Dec. 2023)


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What is Zhejiang Leapmotor Technology Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Zhejiang Leapmotor Technology Co's interest expense for the six months ended in Dec. 2023 was HK$ -40 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-79 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. Zhejiang Leapmotor Technology Co's Operating Income for the six months ended in Dec. 2023 was HK$ -2,273 Mil. Zhejiang Leapmotor Technology Co's Interest Expense for the six months ended in Dec. 2023 was HK$ -40 Mil. Zhejiang Leapmotor Technology Co 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.

Zhejiang Leapmotor Technology Co Interest Expense Historical Data

The historical data trend for Zhejiang Leapmotor 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.

Zhejiang Leapmotor Technology Co Interest Expense Chart

Zhejiang Leapmotor Technology Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
-191.25 -273.04 -75.50 -41.33 -78.99

Zhejiang Leapmotor Technology Co Semi-Annual Data
Dec19 Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
Interest Expense Get a 7-Day Free Trial - -14.03 -27.97 -38.60 -40.39

Zhejiang Leapmotor 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-79 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.

Zhejiang Leapmotor Technology Co  (HKSE:09863) 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.

Zhejiang Leapmotor Technology Co's Interest Expense for the six months ended in Dec. 2023 was HK$-40 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$-2,273 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$1,161 Mil.

Zhejiang Leapmotor Technology Co's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Zhejiang Leapmotor Technology Co 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.

Zhejiang Leapmotor Technology Co (HKSE:09863) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Zhejiang Leapmotor Technology Co Ltd (HKSE:09863) » Definitions » Interest Expense
Comparable Companies
HKSE:00489 HKSE:01585 HKSE:01114 HKSE:01958 HKSE:02451 HKSE:01122 HKSE:00175 TSLA TSE:7203 SZSE:002594 XTER:MBG XTER:BMW STLA XTER:VOW3 MIL:RACE TSE:7267 F GM NSE:MARUTI LI
Traded in Other Exchanges
N/A
Address
No. 451 Wulianwang Street, 1st Floor, Binjiang District, Zhejiang Province, Hangzhou, CHN
Website
https://www.leapmotor.com
Zhejiang Leapmotor Technology Co Ltd is principally engaged in the production, research and development and sales of new energy vehicles in the PRC.
Executives
Chen Ailing 2202 Interest of your spouse
Fu Liquan 2201 Interest of corporation controlled by you
Liu Yunzhen 2202 Interest of your spouse
Zhu Jiangming 2103 Interests held jointly with another person
Fu Yiqin 2201 Interest of corporation controlled by you
Guo Xin Zheng Quan Gu Fen You Xian Gong Si 2501 Other
Ning Bo Hua Ling Chuang Ye Tou Zi He Huo Qi Ye You Xian He Huo 2101 Beneficial owner
Stellantis N.v. 2101 Beneficial owner
Chen Ailing 2103 Interests held jointly with another person
Fu Liquan 2103 Interests held jointly with another person
Liu Yunzhen 2202 Interest of your spouse
Zhu Jiangming 2103 Interests held jointly with another person
Fu Yiqin 2201 Interest of corporation controlled by you
Hang Zhou Guo Shun Ling Pao Gu Quan Tou Zi He Huo Qi Ye You Xian He Huo 2101 Beneficial owner

Zhejiang Leapmotor Technology Co (HKSE:09863) Headlines

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