JX Luxventure (JX Luxventure) Interest Expense : $0.00 Mil (TTM As of Jun. 2023)

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What is JX Luxventure Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. JX Luxventure's interest expense for the six months ended in Jun. 2023 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was $0.00 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. JX Luxventure's Operating Income for the six months ended in Jun. 2023 was $ 2.34 Mil. JX Luxventure's Interest Expense for the six months ended in Jun. 2023 was $ 0.00 Mil. JX Luxventure has no long-term debt ⁽¹⁾. 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

JX Luxventure Interest Expense Historical Data

The historical data trend for JX Luxventure'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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JX Luxventure Interest Expense Chart

JX Luxventure Annual Data

Trend

Dec13

Dec14

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Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Interest Expense

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-0.10

-0.07

JX Luxventure Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Interest Expense	Get a 7-Day Free Trial															-0.03	0.03	-	-	-

JX Luxventure 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0.00 Mil.

JX Luxventure (NAS:JXJT) 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.

JX Luxventure's Interest Expense for the six months ended in Jun. 2023 was $0.00 Mil. Its Operating Income for the six months ended in Jun. 2023 was $2.34 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2023 was $0.00 Mil.

JX Luxventure's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

JX Luxventure had no long-term debt ⁽¹⁾.

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

JX Luxventure (JX Luxventure) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » JX Luxventure Ltd (NAS:JXJT) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

KBP0:Germany

Address

Bin Hai Da Dao No. 270, Lang Qin Wan Guo Ji Du Jia Cun Zong He Lou, Xiu Ying District, Hainan Province, Haikou, CHN, 570100

Website

https://www.jxluxventure.com

JX Luxventure Ltd is engaged in the business of menswear, cross-border merchandise, airfare, and tourism. The company operates in three segments Tourism products, Technology and Cross- board merchandise. The majority of the group revenue is generated from the Tourism products.