Tantech Holdings (Tantech Holdings) Interest Expense : $-0.76 Mil (TTM As of Jun. 2023)

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What is Tantech Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Tantech Holdings's interest expense for the six months ended in Jun. 2023 was $ -0.27 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was $-0.76 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. Tantech Holdings's Operating Income for the six months ended in Jun. 2023 was $ 1.89 Mil. Tantech Holdings's Interest Expense for the six months ended in Jun. 2023 was $ -0.27 Mil. Tantech Holdings's Interest Coverage for the quarter that ended in Jun. 2023 was 7.12. 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.

Tantech Holdings Interest Expense Historical Data

The historical data trend for Tantech Holdings'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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Tantech Holdings Interest Expense Chart

Tantech Holdings Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Interest Expense

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-0.63

-0.44

-0.30

-0.74

-0.60

Tantech Holdings 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	Get a 7-Day Free Trial															-0.14	-0.60	-0.11	-0.50	-0.27

Tantech Holdings 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 $-0.76 Mil.

Tantech Holdings (NAS:TANH) 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.

Tantech Holdings's Interest Expense for the six months ended in Jun. 2023 was $-0.27 Mil. Its Operating Income for the six months ended in Jun. 2023 was $1.89 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2023 was $4.55 Mil.

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

Interest Coverage	=	-1	*	Operating Income (Q: Jun. 2023 )	/	Interest Expense (Q: Jun. 2023 )
	=	-1	*	1.894	/	-0.266
	=	7.12

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

Tantech Holdings (Tantech Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Tantech Holdings Ltd (NAS:TANH) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

c/o Tantech Holdings (Lishui) Co., Ltd, No. 10 Cen Shan Road, Shuige Industrial Zone, Zhejiang Province, Lishui, CHN, 323000

Website

http://www.tantech.cn

Tantech Holdings Ltd manufactures bamboo charcoal-based products. The company through its subsidiaries is engaged in the production and distribution of household products along with a trading business which involves the export of charcoal products. It also manufactures electric double-layer capacitors carbon materials and low-emission barbecue charcoal. Its product portfolio includes air purifiers and humidifiers, underfloor humidity control, pillows and mattresses, wardrobe deodorizers, mousepads, and wrist mats, refrigerator deodorant, and charcoal toilet cleaner disks. The company has three reportable segments; the Consumer Product segment, the Electric Vehicle (EV) segment, and the Biodegradable Packaging segment.