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Biwin Storage Technology Co (SHSE:688525) Interest Expense : ¥-130 Mil (TTM As of Mar. 2024)


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What is Biwin Storage Technology Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Biwin Storage Technology Co's interest expense for the three months ended in Mar. 2024 was ¥ -32 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-130 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. Biwin Storage Technology Co's Operating Income for the three months ended in Mar. 2024 was ¥ 218 Mil. Biwin Storage Technology Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -32 Mil. Biwin Storage Technology Co's Interest Coverage for the quarter that ended in Mar. 2024 was 6.83. 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.

Biwin Storage Technology Co Interest Expense Historical Data

The historical data trend for Biwin Storage 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.

Biwin Storage Technology Co Interest Expense Chart

Biwin Storage Technology Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -20.46 -5.83 -12.77 -29.86 -113.32

Biwin Storage Technology Co Quarterly Data
Dec18 Dec19 Dec20 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 -14.86 -24.72 -24.22 -49.51 -31.88

Biwin Storage 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 ¥-130 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.

Biwin Storage Technology Co  (SHSE:688525) 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.

Biwin Storage Technology Co's Interest Expense for the three months ended in Mar. 2024 was ¥-32 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥218 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥570 Mil.

Biwin Storage Technology Co'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*217.7/-31.881
=6.83

* 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.

Biwin Storage Technology Co (SHSE:688525) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Biwin Storage Technology Co Ltd (SHSE:688525) » Definitions » Interest Expense
Comparable Companies
SHSE:688099 SHSE:688172 SHSE:688521 SHSE:605358 SHSE:688220 SZSE:002281 SHSE:603893 SZSE:300373 SHSE:688052 SHSE:688213 NVDA TPE:2330 AVGO AMD INTC TXN QCOM ADI MU XKRX:000660
Traded in Other Exchanges
N/A
Address
No. 1213, Liuxian Avenue, Taoyuan Street, Floor 1-3, Building 4, Building 4, Zone 2, Zhongguan Honghualing Industrial South District, Pingshan Community, Nanshan District, Guangdong, Shenzhen, CHN, 518055
Website
https://www.biwin.com.cn
Biwin Storage Technology Co Ltd focuses on the research and development and packaging and testing of memory chips. The company integrates storage medium characteristic research, firmware algorithm development, storage chip advanced packaging, storage chip test equipment R&D and algorithm development, brand operation and others. Its memory chip products are widely used in mobile smart terminals, PCs, industry terminals, data centers, smart cars, mobile storage and other information technology fields.

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