FIT Hon Teng (FIT Hon Teng) Interest Expense : $-63 Mil (TTM As of Dec. 2023)

View and export this data going back to 2020. Start your Free Trial

What is FIT Hon Teng Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. FIT Hon Teng's interest expense for the six months ended in Dec. 2023 was $ -37 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-63 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. FIT Hon Teng's Operating Income for the six months ended in Dec. 2023 was $ 181 Mil. FIT Hon Teng's Interest Expense for the six months ended in Dec. 2023 was $ -37 Mil. FIT Hon Teng's Interest Coverage for the quarter that ended in Dec. 2023 was 4.94. 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.

FIT Hon Teng Interest Expense Historical Data

The historical data trend for FIT Hon Teng'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.

FIT Hon Teng Interest Expense Chart

FIT Hon Teng Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-29.33

-16.99

-12.72

-30.57

-63.37

FIT Hon Teng Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial											-6.27	-8.70	-21.87	-26.78	-36.59

FIT Hon Teng 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 $-63 Mil.

FIT Hon Teng (OTCPK:FITGF) 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.

FIT Hon Teng's Interest Expense for the six months ended in Dec. 2023 was $-37 Mil. Its Operating Income for the six months ended in Dec. 2023 was $181 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was $41 Mil.

FIT Hon Teng'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	*	180.766	/	-36.591
	=	4.94

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

FIT Hon Teng (FIT Hon Teng) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » FIT Hon Teng Ltd (OTCPK:FITGF) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

06088:Hong Kong 0FJ:Germany

Address

66-1, Chungshan Road, Tucheng District, New Taipei Ciy, TWN, 23680

Website

https://www.fit-foxconn.com

FIT Hon Teng Ltd is a manufacturer of electronic components. It focuses on the development, manufacturing, and marketing of electronic and optoelectronic connectors, antennas, acoustic components, cables, and modules for applications in computers, communication equipment, consumer electronics, automobiles, and industrial and green energy field products. Geographically, the group has a business presence in the U.S., the PRC, Taiwan, Hong Kong, the United Kingdom, Singapore, Malaysia, and other countries, of which a majority of revenue is derived from the U.S. Its operating segments are Intermediate products and Consumer products.

FIT Hon Teng (FIT Hon Teng) Headlines

From GuruFocus

Q1 2023 Foxconn Interconnect Technology Ltd Earnings Call Transcript

By GuruFocus Research • 02-13-2024