Weibo (HKSE:09898) Interest Expense : HK$-298 Mil (TTM As of Mar. 2024)

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What is Weibo Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Weibo's interest expense for the three months ended in Mar. 2024 was HK$ -146 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was HK$-298 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. Weibo's Operating Income for the three months ended in Mar. 2024 was HK$ 780 Mil. Weibo's Interest Expense for the three months ended in Mar. 2024 was HK$ -146 Mil. Weibo's Interest Coverage for the quarter that ended in Mar. 2024 was 5.36. 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.

Weibo Interest Expense Historical Data

The historical data trend for Weibo'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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Weibo Interest Expense Chart

Weibo Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-233.32

-445.18

-553.78

-557.42

-937.72

Weibo 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															-	-	-152.64	-	-145.59

Weibo 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 HK$-298 Mil.

Weibo (HKSE:09898) 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.

Weibo's Interest Expense for the three months ended in Mar. 2024 was HK$-146 Mil. Its Operating Income for the three months ended in Mar. 2024 was HK$780 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was HK$14,511 Mil.

Weibo'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	*	780.243	/	-145.594
	=	5.36

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

Weibo (HKSE:09898) Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Weibo Corp (HKSE:09898) » Definitions » Interest Expense

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Address

No. 8 Xinyuan S. Road, 8th Floor, QIHAO Plaza, Chaoyang District, Beijing, CHN, 100027

Website

http://ir.weibo.com

Weibo Corp is a China-based company mainly engaged in the social media advertising business for people to create, discover and distribute content. The Company's activities include Advertising and Marketing, which mainly provides a full range of advertising customization and marketing solutions. The Value-added Services mainly provide services such as membership services on social platforms, online games, live broadcasts, social e-commerce, and others. The Company's main product is the social platform Weibo.

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