Q Technology (Group) Co (HKSE:01478) Interest Expense : HK$-187 Mil (TTM As of Dec. 2023)

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What is Q Technology (Group) Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Q Technology (Group) Co's interest expense for the six months ended in Dec. 2023 was HK$ -116 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-187 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. Q Technology (Group) Co's Operating Income for the six months ended in Dec. 2023 was HK$ 113 Mil. Q Technology (Group) Co's Interest Expense for the six months ended in Dec. 2023 was HK$ -116 Mil. Q Technology (Group) Co's Interest Coverage for the quarter that ended in Dec. 2023 was 0.98. 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.

Q Technology (Group) Co Interest Expense Historical Data

The historical data trend for Q Technology (Group) Co'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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Q Technology (Group) Co Interest Expense Chart

Q Technology (Group) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-58.77

-63.45

-36.80

-66.86

-187.39

Q Technology (Group) Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial															-18.72	-29.16	-39.08	-71.56	-115.84

Q Technology (Group) Co 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-187 Mil.

Q Technology (Group) Co (HKSE:01478) 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.

Q Technology (Group) Co's Interest Expense for the six months ended in Dec. 2023 was HK$-116 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$113 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$248 Mil.

Q Technology (Group) Co's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	113.091	/	-115.838
	=	0.98

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

Q Technology (Group) Co (HKSE:01478) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Q Technology (Group) Co Ltd (HKSE:01478) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3 Taihong Road, Hi-tech Industry Park, Jiangsu Province, Kunshan, CHN

Website

http://www.qtechglobal.com

Q Technology is engaged in the design, research and development, manufacture, and sales of camera modules and fingerprint recognition modules. It is the third-largest supplier in China and mainly supplies domestic firms. Camera modules account for most of the company's revenue and are primarily used in smartphone cameras. Other camera modules are used in drones, virtual and augmented reality headsets, and automobiles. The company also supplies 3D modules, underglass, and capacitive fingerprint recognition modules, mainly used in smartphones. It employed 7,212 employees as of June 30.

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