Solidion Technology (Solidion Technology) Interest Expense : $ Mil (TTM As of Dec. 2023)

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What is Solidion Technology Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Solidion Technology's interest expense for the six months ended in Dec. 2023 was $ 0.00 Mil. Solidion Technology does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Dec. 2023.

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. Solidion Technology's Operating Income for the six months ended in Dec. 2023 was $ -3.51 Mil. Solidion Technology's Interest Expense for the six months ended in Dec. 2023 was $ 0.00 Mil. Solidion Technology 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.

Solidion Technology Interest Expense Historical Data

The historical data trend for Solidion Technology'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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Solidion Technology Interest Expense Chart

Solidion Technology Annual Data

Trend

Dec21

Dec22

Dec23

Interest Expense

Solidion Technology Semi-Annual Data
	Dec21	Dec22	Dec23
Interest Expense	-	-	-

Solidion Technology Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Solidion Technology (NAS:STI) 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.

Solidion Technology's Interest Expense for the six months ended in Dec. 2023 was $0.00 Mil. Its Operating Income for the six months ended in Dec. 2023 was $-3.51 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was $0.00 Mil.

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

Solidion Technology had no long-term debt ⁽¹⁾.

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

Solidion Technology (Solidion Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Solidion Technology Inc (NAS:STI) » Definitions » Interest Expense

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Address

1240 McCook Avenue, Dayton, OH, USA, 45404

Website

Solidion Technology Inc is engaged in researching, developing and manufacturing battery materials and and components, as well as development and production of next-generation batteries for energy storage systems and electric vehicles for ground, air, and sea transportation. It is recognized as a global IP leader in both the high-capacity anode and the high-energy solid-state battery.

Solidion Technology (Solidion Technology) Headlines

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