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Sound Group (Sound Group) Interest Expense : $-0.0 Mil (TTM As of Sep. 2023)


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What is Sound Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sound Group's interest expense for the three months ended in Sep. 2023 was $ -0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was $-0.0 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. Sound Group's Operating Income for the three months ended in Sep. 2023 was $ -7.9 Mil. Sound Group's Interest Expense for the three months ended in Sep. 2023 was $ -0.0 Mil. Sound Group 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.


Sound Group Interest Expense Historical Data

The historical data trend for Sound 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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Sound Group Interest Expense Chart

Sound Group Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Interest Expense
Get a 7-Day Free Trial - - -0.28 -0.17 -

Sound Group Quarterly Data
Sep18 Dec18 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 Premium Member Only Premium Member Only -0.07 - - - -0.01

Sound 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.0 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.


Sound Group  (NAS:SOGP) 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.

Sound Group's Interest Expense for the three months ended in Sep. 2023 was $-0.0 Mil. Its Operating Income for the three months ended in Sep. 2023 was $-7.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was $0.8 Mil.

Sound Group's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Sound Group did not have earnings to cover the interest expense.

* 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Sound Group Inc has enough cash to cover all of its debt. Its financial situation is stable.


Sound Group (Sound Group) Business Description

Traded in Other Exchanges
N/A
Address
Yangcheng Creative Industry Zone, No. 309 Middle Huangpu Avenue, Tianhe District, Guangzhou, CHN, 510655
Lizhi Inc is engaged in the operation of providing audio entertainment, podcast, advertising, and others in the People's Republic of China. The company aims to bring people closer together through voices through its product portfolios. It offers LIZHI App, an online UGC audio community, an interactive audio entertainment platform, and an online audio platform in China. The group's revenues comprise audio entertainment revenue, podcast, advertising, and other revenue. It derives a majority of its revenue from the People's Republic of China.