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HISNF (Hi Sun Technology (China)) Interest Expense : $-0.3 Mil (TTM As of Jun. 2024)


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What is Hi Sun Technology (China) Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Hi Sun Technology (China)'s interest expense for the six months ended in Jun. 2024 was $ -0.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was $-0.3 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. Hi Sun Technology (China)'s Operating Income for the six months ended in Jun. 2024 was $ -4.9 Mil. Hi Sun Technology (China)'s Interest Expense for the six months ended in Jun. 2024 was $ -0.1 Mil. Hi Sun Technology (China) 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.


Hi Sun Technology (China) Interest Expense Historical Data

The historical data trend for Hi Sun Technology (China)'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.

Hi Sun Technology (China) Interest Expense Chart

Hi Sun Technology (China) Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.36 -0.30 -0.23 -0.19 -0.48

Hi Sun Technology (China) Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 -0.12 -0.07 -0.28 -0.20 -0.12

Hi Sun Technology (China) 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-0.3 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.


Hi Sun Technology (China)  (OTCPK:HISNF) 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.

Hi Sun Technology (China)'s Interest Expense for the six months ended in Jun. 2024 was $-0.1 Mil. Its Operating Income for the six months ended in Jun. 2024 was $-4.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was $1.8 Mil.

Hi Sun Technology (China)'s Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Hi Sun Technology (China) 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.


Hi Sun Technology (China) Business Description

Traded in Other Exchanges
Address
30 Harbour Road, Room 2515, 25th Floor, Sun Hung Kai Centre, Wanchai, HKG
Hi Sun Technology (China) Ltd provides financial solutions with the help of its platform operations solution. The company's operating segments are payment and digital services, fintech services, Platform operation solutions, Financial solutions, and others. The payment processing solutions provide payment processing services and related digital products; Fintech Services provide micro-lending, supply chain financing, and related products and solutions, Platform operation solutions provide telecommunication and mobile payment platform operation services and operation value-added services; and the Financial solutions provide information system consultancy, sales of information technology products to financial institutions and banks. The geographical segments are Mainland China and Hong Kong.

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