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United Nova Technology Co (SHSE:688469) Interest Expense : ¥-399 Mil (TTM As of Mar. 2024)


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What is United Nova Technology Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. United Nova Technology Co's interest expense for the three months ended in Mar. 2024 was ¥ -111 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-399 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. United Nova Technology Co's Operating Income for the three months ended in Mar. 2024 was ¥ -290 Mil. United Nova Technology Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -111 Mil. United Nova 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.


United Nova Technology Co Interest Expense Historical Data

The historical data trend for United Nova 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.

United Nova Technology Co Interest Expense Chart

United Nova Technology Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
-18.90 -141.80 -155.23 -320.17 -415.41

United Nova Technology Co Quarterly Data
Dec19 Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -126.80 -121.09 -111.77 -55.76 -110.50

United Nova 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-399 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.


United Nova Technology Co  (SHSE:688469) 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.

United Nova Technology Co's Interest Expense for the three months ended in Mar. 2024 was ¥-111 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥-290 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥9,936 Mil.

United Nova Technology Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

United Nova 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.


United Nova Technology Co (SHSE:688469) Business Description

Traded in Other Exchanges
N/A
Address
No. 518 Linjiang Road, Gaobu Street, Yuecheng District, Zhejiang Province, Shaoxing, CHN, 312000
United Nova Technology Co Ltd formerly Semiconductor Manufacturing Electronics (Shaoxing) Corp provides foundry services focusing on technology solutions for power, connection and sensor signal chains. On top of wafer foundry service, SMEC also extended its foundry service to module packages in order to support semiconductor companies with a one-stop solution. SMEC provides a complete manufacturing platform to support customer mass production as well as technology development.

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