AirNet Technology (AirNet Technology) Interest Expense

: $-0.79 Mil (TTM As of Jun. 2023)

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Interest Expense is the amount reported by a company or individual as an expense for borrowed money. AirNet Technology's interest expense for the six months ended in Jun. 2023 was $ -0.33 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was $-0.79 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. AirNet Technology's Operating Income for the six months ended in Jun. 2023 was $ -2.94 Mil. AirNet Technology's Interest Expense for the six months ended in Jun. 2023 was $ -0.33 Mil. AirNet Technology did not have earnings to cover the interest expense. 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.

AirNet Technology Interest Expense Historical Data

The historical data trend for AirNet 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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AirNet Technology Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Interest Expense

-0.11

-0.44

-0.74

-1.12

-0.91

AirNet Technology 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																-0.30	-0.82	-0.45	-0.46	-0.33

AirNet Technology 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 $-0.79 Mil.

AirNet Technology (NAS:ANTE) 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.

AirNet Technology's Interest Expense for the six months ended in Jun. 2023 was $-0.33 Mil. Its Operating Income for the six months ended in Jun. 2023 was $-2.94 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2023 was $0.00 Mil.

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

AirNet Technology did not have earnings to cover the interest expense.

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

AirNet Technology (AirNet Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » AirNet Technology Inc (NAS:ANTE) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 26 Dongzhimenwai Street, Chaoyang District, Beijing, CHN, 100027

Website

https://ir.airnetgroup.cn

AirNet Technology Inc provides in-flight solutions to connectivity, entertainment, and digital multimedia in China. It offers Internet connections through a network of satellites and land-based beacons, provides airline travelers with interactive entertainment, and breaking news, and furnishes corporate clients with advertisements tailored to the perceptions of the travelers. It operates in two operating segments i.e. cryptocurrency mining, and selling advertising time slots on their network, air travel advertising network throughout PRC.