MVLA (Movella Holdings) Interest Expense: $-0.18 Mil (TTM As of Jun. 2023)

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What is Movella Holdings Interest Expense?

Movella Holdings MVLA Interest Expense is $-0.18 Mil as of Jun. 2023.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Movella Holdings's interest expense for the six months ended in Jun. 2023 was $ -0.18 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was $-0.18 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. Movella Holdings's Operating Income for the six months ended in Jun. 2023 was $ -12.48 Mil. Movella Holdings's Interest Expense for the six months ended in Jun. 2023 was $ -0.18 Mil. Movella Holdings 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.


Movella Holdings  (OTCPK:MVLA) 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.

Movella Holdings's Interest Expense for the six months ended in Jun. 2023 was $-0.18 Mil. Its Operating Income for the six months ended in Jun. 2023 was $-12.48 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2023 was $53.39 Mil.

Movella Holdings's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Movella Holdings 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.


Movella Holdings Interest Expense Historical Data

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The historical data trend for Movella 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.

Movella Holdings Interest Expense Chart

Movella Holdings Annual Data
Trend Dec20 Dec21 Dec22
Interest Expense
-1.63 -1.97 0.00

Movella Holdings Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Interest Expense Get a 7-Day Free Trial -0.81 -1.16 -1.06 0.00 -0.18

Movella 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 Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-0.18 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of $-0.18 Mil mean?
Movella Holdings (MVLA) has a Interest Expense of $-0.18 Mil as of Jun. 2023. Interest Expense is the amount a company pays on its long-term debt. View historical data on Movella Holdings and its competitors.
Is Movella Holdings' Interest Expense too high?
Movella Holdings' current Interest Expense is $-0.18 Mil.
How does Movella Holdings' Interest Expense compare to LCHD and QGSI?
Movella Holdings' Interest Expense of $-0.18 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Software company?
A good Interest Expense depends on the Software industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Movella Holdings and its competitors. Movella Holdings's current Interest Expense is $-0.18 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Movella Holdings stock overvalued right now?
Movella Holdings (MVLA) has a current Interest Expense of $-0.18 Mil. The current Interest Expense is $-0.18 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Movella Holdings (MVLA), the current Interest Expense is $-0.18 Mil as of Jun. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Movella Holdings Business Description

Address 3535 Executive Terminal Drive, Suite 110, Henderson, NV, USA, 89052
Movella Holdings Inc is a full-stack provider of sensors, software, and analytics that enable the digitization of movement. It serves the entertainment, health & sports, and automation & mobility markets.