Himax Technologies (Himax Technologies) Interest Expense : $-6.1 Mil (TTM As of Dec. 2023)

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What is Himax Technologies Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Himax Technologies's interest expense for the three months ended in Dec. 2023 was $ -1.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-6.1 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. Himax Technologies's Operating Income for the three months ended in Dec. 2023 was $ 16.7 Mil. Himax Technologies's Interest Expense for the three months ended in Dec. 2023 was $ -1.1 Mil. Himax Technologies's Interest Coverage for the quarter that ended in Dec. 2023 was 14.63. 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.

Himax Technologies Interest Expense Historical Data

The historical data trend for Himax Technologies'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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Himax Technologies Interest Expense Chart

Himax Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-2.33

-1.71

-1.07

-2.78

-6.08

Himax Technologies Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-1.33	-1.74	-1.72	-1.48	-1.14

Himax Technologies 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-6.1 Mil.

Himax Technologies (NAS:HIMX) 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.

Himax Technologies's Interest Expense for the three months ended in Dec. 2023 was $-1.1 Mil. Its Operating Income for the three months ended in Dec. 2023 was $16.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $34.5 Mil.

Himax Technologies's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	16.681	/	-1.14
	=	14.63

The higher the ratio, the stronger the company's financial strength is.

Himax Technologies (Himax Technologies) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Himax Technologies Inc (NAS:HIMX) » Definitions » Interest Expense

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0J5H:UK H6Q:Germany H6Q:Germany

Address

No. 26, Zih Lian Road, Sinshih District, Tainan, TWN, 74148

Website

https://www.himax.com.tw

Himax Technologies Inc is a semiconductor solution provider dedicated to display imaging processing technologies. It operates through the Driver Integrated Circuit and Non-Driver Products segments. The majority of the firm's revenue gets derived from the Driver Integrated Circuit segment. It offers display driver ICs and timing controllers used in TVs, laptops, monitors, mobile phones, tablets, digital cameras, virtual reality (VR) devices, and many other consumer electronics devices. It also designs and provides controllers for touch sensor displays, in-cell Touch and Display Driver Integration single-chip solutions, LED driver ICs, power management ICs, and scaler products for monitors and projectors. Geographically, it generates the majority of its revenue from China.