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Lens Technology Co (SZSE:300433) Interest Expense : ¥-444 Mil (TTM As of Mar. 2024)


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What is Lens Technology Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Lens Technology Co's interest expense for the three months ended in Mar. 2024 was ¥ -102 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-444 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. Lens Technology Co's Operating Income for the three months ended in Mar. 2024 was ¥ 471 Mil. Lens Technology Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -102 Mil. Lens Technology Co's Interest Coverage for the quarter that ended in Mar. 2024 was 4.60. 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.

Lens Technology Co Interest Expense Historical Data

The historical data trend for Lens 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.

Lens Technology Co Interest Expense Chart

Lens Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -747.59 -533.59 -500.47 -614.40 -508.54

Lens Technology 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 -167.34 -115.71 -115.88 -109.61 -102.48

Lens 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 ¥-444 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.

Lens Technology Co  (SZSE:300433) 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.

Lens Technology Co's Interest Expense for the three months ended in Mar. 2024 was ¥-102 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥471 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥10,149 Mil.

Lens 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*471.002/-102.48
=4.60

* 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.

Lens Technology Co (SZSE:300433) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Lens Technology Co Ltd (SZSE:300433) » Definitions » Interest Expense
Comparable Companies
SZSE:300408 SZSE:002938 SHSE:688728 SZSE:002179 SZSE:002600 SHSE:600183 SZSE:002463 SHSE:688538 SZSE:002916 SZSE:002456 APH TPE:2317 TEL SZSE:002475 TSE:6981 TPE:2308 GLW XKRX:006400 SZSE:000725 JBL
Traded in Other Exchanges
N/A
Address
Liuyang Biomedical Park, Changsha, CHN, 410311
Website
http://www.hnlens.com
Lens Technology Co Ltd researches develop, produces, and sells protective glass touch panels in China. It offers protective window glass, touch screen unit, touch screen module, camera module, fingerprint module, and camera related products, as well as buttons, ceramics, metal parts, and other products. The company's products are used in mobile phones; tablet PCs, notebook computers, digital cameras, players, GPS navigation systems, automotive instrumentation, smart homes, medical equipment, and other areas.
Executives
Cai Xin Feng Executives
Zhong Zhen Zhuo Secretary Dong
Zhou Xin Yi Director
Zhou Qun Fei Directors, executives
Zhou Tian Shu Securities Affairs Representative
Li Xiao Ming Executives
Peng Meng Wu Secretary Dong
Chen Xiao Qun Supervisors
Liu Shu Guang Executives
Kuang Hong Feng Supervisors
Liu Wei Executives
Xiao Qian Feng Supervisors
Rao Qiao Bing Executives
Rao Yu Lei Independent director

Lens Technology Co (SZSE:300433) Headlines

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