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VeriSilicon Microelectronics Shanghai Co (SHSE:688521) Interest Expense : ¥-25 Mil (TTM As of Mar. 2024)


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What is VeriSilicon Microelectronics Shanghai Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. VeriSilicon Microelectronics Shanghai Co's interest expense for the three months ended in Mar. 2024 was ¥ -7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-25 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. VeriSilicon Microelectronics Shanghai Co's Operating Income for the three months ended in Mar. 2024 was ¥ -203 Mil. VeriSilicon Microelectronics Shanghai Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -7 Mil. VeriSilicon Microelectronics Shanghai 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.

VeriSilicon Microelectronics Shanghai Co Interest Expense Historical Data

The historical data trend for VeriSilicon Microelectronics Shanghai 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.

VeriSilicon Microelectronics Shanghai Co Interest Expense Chart

VeriSilicon Microelectronics Shanghai Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -3.89 -1.24 -3.53 -11.38 -23.18

VeriSilicon Microelectronics Shanghai Co 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -4.93 -4.73 -6.70 -6.83 -6.88

VeriSilicon Microelectronics Shanghai 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 ¥-25 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.

VeriSilicon Microelectronics Shanghai Co  (SHSE:688521) 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.

VeriSilicon Microelectronics Shanghai Co's Interest Expense for the three months ended in Mar. 2024 was ¥-7 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥-203 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥711 Mil.

VeriSilicon Microelectronics Shanghai Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

VeriSilicon Microelectronics Shanghai 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.

VeriSilicon Microelectronics Shanghai Co (SHSE:688521) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » VeriSilicon Microelectronics Shanghai Co Ltd (SHSE:688521) » Definitions » Interest Expense
Comparable Companies
SHSE:688220 SHSE:603893 SHSE:688099 SHSE:688153 SHSE:688525 SHSE:688172 SHSE:688047 SHSE:605358 SZSE:002281 SHSE:688249 NVDA TPE:2330 AVGO AMD INTC TXN QCOM ADI MU XKRX:000660
Traded in Other Exchanges
N/A
Address
No.289, Chunxiao Road, 20A, Zhangjiang Building, China (Shanghai) Pilot Free Trade Zone, Shanghai, CHN, 201203
Website
http://www.verisilicon.com
VeriSilicon Microelectronics Shanghai Co Ltd provides its customers with platform-based, all-round, one-stop custom silicon services and semiconductor IP licensing services leveraging its in-house semiconductor IP. The company provides a variety of customized silicon solutions, including high-definition video, high-definition audio and voice, In-Vehicle Infotainment, video surveillance, IoT connectivity, data center. In addition, VeriSilicon has five types of in-house processor IPs, namely GPU IP, NPU IP, VPU, DSP IP and ISP IP, and more than 1,400 analog and mixed signal IPs and RF IPs.

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