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Highpower International (Highpower International) Interest Expense : $-1.7 Mil (TTM As of Jun. 2019)


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What is Highpower International Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Highpower International's interest expense for the three months ended in Jun. 2019 was $ -0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2019 was $-1.7 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. Highpower International's Operating Income for the three months ended in Jun. 2019 was $ 6.4 Mil. Highpower International's Interest Expense for the three months ended in Jun. 2019 was $ -0.0 Mil. Highpower International's Interest Coverage for the quarter that ended in Jun. 2019 was 164.44. 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.


Highpower International Interest Expense Historical Data

The historical data trend for Highpower International'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.

Highpower International Interest Expense Chart

Highpower International Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.84 -1.00 -1.42 -1.43 -1.76

Highpower International Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
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 -0.31 -0.52 -0.69 -0.47 -0.04

Highpower International 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 Jun. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.7 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.


Highpower International  (NAS:HPJ) 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.

Highpower International's Interest Expense for the three months ended in Jun. 2019 was $-0.0 Mil. Its Operating Income for the three months ended in Jun. 2019 was $6.4 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2019 was $8.0 Mil.

Highpower International's Interest Coverage for the quarter that ended in Jun. 2019 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2019 )/Interest Expense (Q: Jun. 2019 )
=-1*6.413/-0.039
=164.44

* 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.


Highpower International (Highpower International) Business Description

Traded in Other Exchanges
N/A
Address
Building A1, 68 Xinxia Street, Pinghu, Longgang, Guangdong, Shenzhen, CHN, 518111
Highpower International Inc is a part of the United States' technology sector. Its key product is rechargeable batteries meant for consumer and industrial applications. The Company operates through three segments: Lithium Batteries, Ni-MH Batteries and New Material. The Lituhium Batteries segment, which helps generate the highest share of revenue, deals with the production of Lithium-ion (Li-ion) and Lithium polymer rechargeable batteries for consumer applications, such as consumer electronic products, mobile devices and wireless communication products. The company distributes its products globally, with special emphasis to China.
Executives
Richard Rappaport director, 10 percent owner, officer: President 1900 AVENUE OF THE STARS, SUITE 301, LOS ANGELES CA 90067
Debbie Schwartzberg 10 percent owner C/O SRKP 1, INC., 1900 AVENUE OF THE STARS, SUITE 310, LOS ANGELES CA 90067
Anthony C Pintsopoulos director, 10 percent owner, officer: Secretary & CFO 1063 HILLSBORO MILE, SUITE 502, HILLSBORO BEACH FL 33062