ZTE (SZSE:000063) Interest Expense

: ¥-3,142 Mil (TTM As of Dec. 2023)

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Interest Expense is the amount reported by a company or individual as an expense for borrowed money. ZTE's interest expense for the three months ended in Dec. 2023 was ¥ -604 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ¥-3,142 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. ZTE's Operating Income for the three months ended in Dec. 2023 was ¥ 1,201 Mil. ZTE's Interest Expense for the three months ended in Dec. 2023 was ¥ -604 Mil. ZTE's Interest Coverage for the quarter that ended in Dec. 2023 was 1.99. 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.

ZTE Interest Expense Historical Data

The historical data trend for ZTE'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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ZTE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

-1,718.19

-1,495.66

-1,481.22

-1,945.96

-3,141.57

ZTE Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense																-467.48	-706.35	-942.26	-888.84	-604.12

ZTE 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 ¥-3,142 Mil.

ZTE (SZSE:000063) 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.

ZTE's Interest Expense for the three months ended in Dec. 2023 was ¥-604 Mil. Its Operating Income for the three months ended in Dec. 2023 was ¥1,201 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was ¥43,537 Mil.

ZTE'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	*	1201.184	/	-604.117
	=	1.99

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

ZTE (SZSE:000063) Business Description

Industry

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ZTCOF:USA 00763:Hong Kong FZM:Germany

Address

ZTE Plaza, Keji Road South, Hi-Tech Industrial Park, Nanshan District, Guangdong Province, Shenzhen, CHN, 518057

Website

https://www.zte.com.cn

ZTE Corp offers a suite of telecommunications and information technology equipment to carriers, businesses, and the public sector. The firm's product portfolio covers wireless networks, core networks, fixed access, terminals, and other telecom verticals. ZTE generates a majority of its revenue from equipment supporting carriers' networks, but also provides handset terminals and telecom software systems. PRC region accounts for a majority of the firm's revenue, but ZTE also has a presence in Asia, Africa, Europe and the Americas.

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