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HPAI (Helport AI) Interest Expense : $-0.23 Mil (TTM As of Jun. 2024)


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What is Helport AI Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Helport AI's interest expense for the six months ended in Jun. 2024 was $ -0.21 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was $-0.23 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. Helport AI's Operating Income for the six months ended in Jun. 2024 was $ 1.66 Mil. Helport AI's Interest Expense for the six months ended in Jun. 2024 was $ -0.21 Mil. Helport AI's Interest Coverage for the quarter that ended in Jun. 2024 was 7.96. 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.

Helport AI Interest Expense Historical Data

The historical data trend for Helport AI'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.

Helport AI Interest Expense Chart

Helport AI Annual Data
Trend Jun22 Jun23 Jun24
Interest Expense
-0.01 -0.01 -0.23

Helport AI Semi-Annual Data
Jun22 Dec22 Jun23 Dec23 Jun24
Interest Expense - - -0.01 -0.02 -0.21

Helport AI 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 $-0.23 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.

Helport AI  (NAS:HPAI) 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.

Helport AI's Interest Expense for the six months ended in Jun. 2024 was $-0.21 Mil. Its Operating Income for the six months ended in Jun. 2024 was $1.66 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was $0.00 Mil.

Helport AI's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2024 )/Interest Expense (Q: Jun. 2024 )
=-1*1.655/-0.208
=7.96

* 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.

Helport AI Business Description

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Address
c/o Guanghai Li, 9 Temasek Boulevard, 07-00, Suntec Tower Two, Singapore, SGP, 038989
Website
Helport AI Ltd is a AI technology company based in Singapore dedicated to serving enterprises' customer contact centers with intelligent products, solutions, and a digital platform. Its software, Helport AI Assist (AI Assist), provides tailored AI-powered guidance and oversight for contact center interactions and customer experience, with functions including Agent Assistant, Quality Assurance (QA) Assistant, Supervisor Assistant, and Knowledge Base Assistant.