LX (LexinFintech Holdings) Interest Expense : $-2 Mil (TTM As of Sep. 2024)

View and export this data going back to 2017. Start your Free Trial

What is LexinFintech Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. LexinFintech Holdings's interest expense for the three months ended in Sep. 2024 was $ -1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was $-2 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. LexinFintech Holdings's Operating Income for the three months ended in Sep. 2024 was $ 75 Mil. LexinFintech Holdings's Interest Expense for the three months ended in Sep. 2024 was $ -1 Mil. LexinFintech Holdings's Interest Coverage for the quarter that ended in Sep. 2024 was 117.36. 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.

LexinFintech Holdings Interest Expense Historical Data

The historical data trend for LexinFintech 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.

LexinFintech Holdings Interest Expense Chart

LexinFintech Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

Get a 7-Day Free Trial

-11.86

-9.91

-7.98

-7.07

-1.24

LexinFintech Holdings Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Interest Expense	Get a 7-Day Free Trial															-1.44	-0.54	-	-0.64	-0.35

LexinFintech 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2 Mil.

LexinFintech Holdings (NAS:LX) 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.

LexinFintech Holdings's Interest Expense for the three months ended in Sep. 2024 was $-1 Mil. Its Operating Income for the three months ended in Sep. 2024 was $75 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was $146 Mil.

LexinFintech Holdings's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2024 )	/	Interest Expense (Q: Sep. 2024 )
	=	-1	*	75.113	/	-0.64
	=	117.36

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

LexinFintech Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » LexinFintech Holdings Ltd (NAS:LX) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

1LFA:Germany

Address

No. 3099 Keyuan South Road, 27th Floor, China Energy Storage Tower, Nanshan District, Shenzhen, CHN, 518057

Website

http://ir.lexin.com

LexinFintech Holdings Ltd is an online consumer finance platform and a technology-driven service provider in China. The group is engaged in online direct sales services and online consumer finance services for its customers in the PRC. Geographically, it derives revenue from China.