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Changzhou Galaxy Century Microelectronics Co (SHSE:688689) Interest Expense : ¥-34.0 Mil (TTM As of Mar. 2024)


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What is Changzhou Galaxy Century Microelectronics Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Changzhou Galaxy Century Microelectronics Co's interest expense for the three months ended in Mar. 2024 was ¥ -8.6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-34.0 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. Changzhou Galaxy Century Microelectronics Co's Operating Income for the three months ended in Mar. 2024 was ¥ 25.2 Mil. Changzhou Galaxy Century Microelectronics Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -8.6 Mil. Changzhou Galaxy Century Microelectronics Co's Interest Coverage for the quarter that ended in Mar. 2024 was 2.93. 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.

Changzhou Galaxy Century Microelectronics Co Interest Expense Historical Data

The historical data trend for Changzhou Galaxy Century Microelectronics Co'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.

Changzhou Galaxy Century Microelectronics Co Interest Expense Chart

Changzhou Galaxy Century Microelectronics Co 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 -0.38 -0.33 -0.27 -15.23 -32.87

Changzhou Galaxy Century Microelectronics Co Quarterly Data
Mar19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -7.45 -8.66 -8.29 -8.47 -8.62

Changzhou Galaxy Century Microelectronics Co 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-34.0 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.

Changzhou Galaxy Century Microelectronics Co  (SHSE:688689) 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.

Changzhou Galaxy Century Microelectronics Co's Interest Expense for the three months ended in Mar. 2024 was ¥-8.6 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥25.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥383.6 Mil.

Changzhou Galaxy Century Microelectronics Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*25.214/-8.619
=2.93

* 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.

Changzhou Galaxy Century Microelectronics Co (SHSE:688689) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Changzhou Galaxy Century Microelectronics Co Ltd (SHSE:688689) » Definitions » Interest Expense
Comparable Companies
SHSE:688325 SHSE:688662 SHSE:688045 SZSE:300241 SZSE:300139 SHSE:688130 SHSE:688216 SHSE:688286 SHSE:688589 SZSE:002134 NVDA TPE:2330 AVGO AMD INTC TXN QCOM ADI MU XKRX:000660
Traded in Other Exchanges
N/A
Address
19 Changjiang North Road, Xinbei District, Jiangsu Province, Changzhou, CHN, 213022
Website
https://www.gmesemi.com
Changzhou Galaxy Century Microelectronics Co Ltd is primarily involved in the research and design, chip manufacturing, packaging and testing, sales and technical services for diode, triode, bridge rectifier and other semiconductor discrete devices. The company's products have been widely used in household appliances, power and chargers, green lighting, network and communications, automotive electronics, smart meters and instruments.
Executives
Jia Dong Qing Core technical personnel

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