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Mloptic (SHSE:688502) Interest Expense : ¥-1.6 Mil (TTM As of Dec. 2023)


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What is Mloptic Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Mloptic's interest expense for the three months ended in Dec. 2023 was ¥ -0.3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ¥-1.6 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. Mloptic's Operating Income for the three months ended in Dec. 2023 was ¥ 13.9 Mil. Mloptic's Interest Expense for the three months ended in Dec. 2023 was ¥ -0.3 Mil. Mloptic's Interest Coverage for the quarter that ended in Dec. 2023 was 43.13. 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.


Mloptic Interest Expense Historical Data

The historical data trend for Mloptic'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.

* Premium members only.

Mloptic Interest Expense Chart

Mloptic Annual Data
Trend Dec13 Dec14 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only -2.51 -2.66 -3.30 -2.37 -1.61

Mloptic Quarterly Data
Dec13 Dec14 Mar15 Dec17 Dec18 Dec19 Mar20 Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.76 -0.62 -0.43 -0.24 -0.32

Mloptic 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 quarterly data reported by the company within the most recent 12 months, which was ¥-1.6 Mil.

* 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.


Mloptic  (SHSE:688502) Interest Expense Explanation

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. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Mloptic's Interest Expense for the three months ended in Dec. 2023 was ¥-0.3 Mil. Its Operating Income for the three months ended in Dec. 2023 was ¥13.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was ¥3.6 Mil.

Mloptic'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*13.932/-0.323
=43.13

* 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.

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


Mloptic (SHSE:688502) Business Description

Traded in Other Exchanges
N/A
Address
No. 398 Pugang Street, Jiangning Development Zone, Jiangsu Province, Nanjing, CHN, 211102
Mloptic Corp is engaged in the research and development, design, manufacture and sales of precision optical devices, optical lenses and optical systems.

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