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L K Technology Holdings (FRA:L5D) Interest Expense : €-8.1 Mil (TTM As of Sep. 2023)


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What is L K Technology Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. L K Technology Holdings's interest expense for the six months ended in Sep. 2023 was € -4.6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was €-8.1 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. L K Technology Holdings's Operating Income for the six months ended in Sep. 2023 was € 25.9 Mil. L K Technology Holdings's Interest Expense for the six months ended in Sep. 2023 was € -4.6 Mil. L K Technology Holdings's Interest Coverage for the quarter that ended in Sep. 2023 was 5.67. 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.


L K Technology Holdings Interest Expense Historical Data

The historical data trend for L K Technology 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.

* Premium members only.

L K Technology Holdings Interest Expense Chart

L K Technology Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -8.91 -9.69 -5.84 -3.69 -5.95

L K Technology Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 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 -1.91 -1.66 -2.62 -3.54 -4.57

L K Technology 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-8.1 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.


L K Technology Holdings  (FRA:L5D) 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.

L K Technology Holdings's Interest Expense for the six months ended in Sep. 2023 was €-4.6 Mil. Its Operating Income for the six months ended in Sep. 2023 was €25.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2023 was €29.2 Mil.

L K Technology Holdings's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2023 )/Interest Expense (Q: Sep. 2023 )
=-1*25.908/-4.571
=5.67

* 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.


L K Technology Holdings (FRA:L5D) Business Description

Traded in Other Exchanges
Address
1-7 Wah Sing Street, Unit A, 8th Floor, Mai Wah Industrial Building, Kwai Chung, New Territories, Hong Kong, HKG
L K Technology Holdings Ltd is an investment holding company. It is principally engaged in the design, manufacture, and sales of the hot chamber and cold chamber die-casting machines, plastic injection moulding machines, computerized numerical controlled (CNC) machining centers and related accessories. The company's operating segment includes Die-casting machine; Plastic injection moulding machine and CNC machining centre. It generates maximum revenue from the Die-casting machine segment. Geographically, it derives a majority of revenue from Mainland China and also has a presence in Europe, North America, Central America and South America and Other countries.

L K Technology Holdings (FRA:L5D) Headlines

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