Nexchip Semiconductor (SHSE:688249) Interest Expense : ¥-461 Mil (TTM As of Mar. 2024)

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What is Nexchip Semiconductor Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Nexchip Semiconductor's interest expense for the three months ended in Mar. 2024 was ¥ -138 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-461 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. Nexchip Semiconductor's Operating Income for the three months ended in Mar. 2024 was ¥ 177 Mil. Nexchip Semiconductor's Interest Expense for the three months ended in Mar. 2024 was ¥ -138 Mil. Nexchip Semiconductor's Interest Coverage for the quarter that ended in Mar. 2024 was 1.28. 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.

Nexchip Semiconductor Interest Expense Historical Data

The historical data trend for Nexchip Semiconductor'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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Nexchip Semiconductor Interest Expense Chart

Nexchip Semiconductor Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-247.75

-286.01

-207.40

-413.87

-451.67

Nexchip Semiconductor Quarterly Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial									-128.75	-68.24	-172.67	-82.01	-138.47

Nexchip Semiconductor 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 ¥-461 Mil.

Nexchip Semiconductor (SHSE:688249) 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.

Nexchip Semiconductor's Interest Expense for the three months ended in Mar. 2024 was ¥-138 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥177 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥17,705 Mil.

Nexchip Semiconductor'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	*	177.167	/	-138.467
	=	1.28

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. Nexchip Semiconductor Corp interest coverage is 1.4, which is low.

Nexchip Semiconductor (SHSE:688249) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Nexchip Semiconductor Corp (SHSE:688249) » Definitions » Interest Expense

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Address

No. 88, West Feihe Road, Hefei Comprehensive Bonded Zone, Xinzhan District, Anhui Province, Hefei, CHN, 230011

Website

https://www.nexchip.com.cn

Nexchip Semiconductor Corp is the first 12-inch wafer foundry enterprise in Anhui Province. The company focuses on semiconductor wafer production and foundry services and is committed to contributing to the improvement of domestic independent and controllable integrated circuit manufacturing capabilities, providing customers with different 150-55nm process technologies, and will introduce more advanced process technologies in the future. It is engaged in Research and development, production and sales of integrated circuit-related products and supporting products.

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