Niche-Tech Semiconductor Materials (HKSE:08490) Interest Expense : HK$-3.9 Mil (TTM As of Dec. 2023)

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What is Niche-Tech Semiconductor Materials Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Niche-Tech Semiconductor Materials's interest expense for the three months ended in Dec. 2023 was HK$ -1.6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-3.9 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. Niche-Tech Semiconductor Materials's Operating Income for the three months ended in Dec. 2023 was HK$ 4.3 Mil. Niche-Tech Semiconductor Materials's Interest Expense for the three months ended in Dec. 2023 was HK$ -1.6 Mil. Niche-Tech Semiconductor Materials's Interest Coverage for the quarter that ended in Dec. 2023 was 2.66. 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.

Niche-Tech Semiconductor Materials Interest Expense Historical Data

The historical data trend for Niche-Tech Semiconductor Materials'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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Niche-Tech Semiconductor Materials Interest Expense Chart

Niche-Tech Semiconductor Materials Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-2.40

-1.37

-1.41

-1.88

-3.94

Niche-Tech Semiconductor Materials Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-0.74	-0.46	-0.97	-0.89	-1.62

Niche-Tech Semiconductor Materials 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 HK$-3.9 Mil.

Niche-Tech Semiconductor Materials (HKSE:08490) 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.

Niche-Tech Semiconductor Materials's Interest Expense for the three months ended in Dec. 2023 was HK$-1.6 Mil. Its Operating Income for the three months ended in Dec. 2023 was HK$4.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was HK$22.6 Mil.

Niche-Tech Semiconductor Materials'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	*	4.308	/	-1.621
	=	2.66

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

Niche-Tech Semiconductor Materials (HKSE:08490) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Niche-Tech Semiconductor Materials Ltd (HKSE:08490) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Unit 208, 2nd Floor, Lakeside 1, Phase Two, Hong Kong Science Park, Pak Shek Kok, New Territories, Hong Kong, HKG

Website

https://www.nichetech.com.hk

Niche-Tech Semiconductor Materials Ltd is a semiconductor packaging materials manufacturer. Its products are divided into Bonding Wires, Encapsulants, and Others. Bonding wires include developing, manufacturing, and supply of fine and ultra-fine Bonding Wires such as gold, gold alloy, silver alloy, aluminum, silicone aluminum, copper, copper alloy, and palladium-coated copper. Other products mainly include solder wire, solder bar, solder paste, and bonding tools for PCB application, and Encapsulant includes high-purity liquid glob-top epoxy for COB applications and others. The company generates a majority of its revenue from Bonding wires, and geographically from the People's Republic of China.

Executives

Chows Investment Group Limited	2201 Interest of corporation controlled by you
Niche-tech Investment Holdings Limited	2101 Beneficial owner
Cheng Pak Ching	2202 Interest of your spouse
Ma Ah Muk	2101 Beneficial owner
Chow Chun Kay Stephen	2201 Interest of corporation controlled by you
Chow Fung Wai Lan Rita	2202 Interest of your spouse
Chow Bok Hin Felix	2201 Interest of corporation controlled by you
Chow Kuo Li Jen	2202 Interest of your spouse

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