TCL Technology Group (SZSE:000100) Interest Expense : ¥-5,113 Mil (TTM As of Mar. 2024)

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What is TCL Technology Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. TCL Technology Group's interest expense for the three months ended in Mar. 2024 was ¥ -1,337 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-5,113 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. TCL Technology Group's Operating Income for the three months ended in Mar. 2024 was ¥ 1,012 Mil. TCL Technology Group's Interest Expense for the three months ended in Mar. 2024 was ¥ -1,337 Mil. TCL Technology Group's Interest Coverage for the quarter that ended in Mar. 2024 was 0.76. 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.

TCL Technology Group Interest Expense Historical Data

The historical data trend for TCL Technology Group'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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TCL Technology Group Interest Expense Chart

TCL Technology Group Annual Data

Trend

Dec14

Dec15

Dec16

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Dec19

Dec20

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Dec23

Interest Expense

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-1,958.25

-2,594.87

-4,125.40

-4,468.01

-4,922.12

TCL Technology Group 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															-1,145.57	-1,180.21	-1,405.48	-1,190.86	-1,336.83

TCL Technology Group 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 ¥-5,113 Mil.

TCL Technology Group (SZSE:000100) 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.

TCL Technology Group's Interest Expense for the three months ended in Mar. 2024 was ¥-1,337 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥1,012 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥135,955 Mil.

TCL Technology Group'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	*	1012.305	/	-1336.825
	=	0.76

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

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. TCL Technology Group Corp interest coverage is 2.38, which is low.

TCL Technology Group (SZSE:000100) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » TCL Technology Group Corp (SZSE:000100) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

17 Huifeng Third Road, TCL Technology Building, Zhongkai Hi-Tech Development District, Guangdong Province, Huizhou, CHN, 516001

Website

https://www.tcltech.com

TCL Technology Group Corp is a consumer electronics company in China. The company's operating segment includes Semi-conductor display and materials business; Distribution business; Semi-conductor photovoltaic and semi-conductor materials business and Other businesses. It generates maximum revenue from Semi-conductor display and materials business segment. The Semi-conductor display and materials business segment mainly includes research and development, manufacturing and sales of semiconductor display panels and semiconductor display modules.

Executives

Li Dong Sheng	Directors, executives
Liu Bin	Director
Wang Cheng	Executives
Lu Xin	Independent director
Yan Xiao Lin	Executives
Wang Jian Xun	Securities Affairs Representative
Mi Xin Bin	Supervisors
Han Fang Ming	Director
Bao Lian Ming	Directors, executives
Shi Wan Wen	Executives
Zhao Zhong Yao	Directors, executives
Huang Xu Bin	Executives
Yu Guang Hui	Executives
Zheng Chuan Lie	Director
He Cheng Ming	Executives

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