Luokung Technology (STU:6BT0) Interest Expense: €-3.17 Mil (TTM As of Jun. 2024)

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STU:6BT0 Luokung Technology Corp STU:6BT0
12 GF Score
Price €22.85
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What is Luokung Technology Interest Expense?

Luokung Technology STU:6BT0 12 Interest Expense is €-3.17 Mil as of Jun. 2024. GuruFocus rates STU:6BT0 with a GF Score™ of 12/100.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Luokung Technology's interest expense for the six months ended in Jun. 2024 was € -1.59 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was €-3.17 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. Luokung Technology's Operating Income for the six months ended in Jun. 2024 was € -9.67 Mil. Luokung Technology's Interest Expense for the six months ended in Jun. 2024 was € -1.59 Mil. Luokung Technology 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.

Luokung Technology  (STU:6BT0) 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.

Luokung Technology's Interest Expense for the six months ended in Jun. 2024 was €-1.59 Mil. Its Operating Income for the six months ended in Jun. 2024 was €-9.67 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was €0.08 Mil.

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

Luokung Technology 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.

Luokung Technology Interest Expense Historical Data

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The historical data trend for Luokung Technology'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.

Luokung Technology Interest Expense Chart

Luokung Technology Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.09 -2.98 -3.65 -3.18 -3.21

Luokung Technology Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 -1.74 -1.44 -1.65 -1.57 -1.59
STU:6BT0
12GF Score
Luokung Technology Corp STU:6BT0
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Luokung Technology 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 €-3.17 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 €-3.17 Mil mean?
Luokung Technology (STU:6BT0) has a Interest Expense of €-3.17 Mil as of Jun. 2024. Interest Expense is the amount a company pays on its long-term debt. View historical data on Luokung Technology and its competitors.
Is Luokung Technology's Interest Expense too high?
Luokung Technology's current Interest Expense is €-3.17 Mil. Overall, Luokung Technology has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Luokung Technology's Interest Expense compare to CMGO and NWCN?
Luokung Technology's Interest Expense of €-3.17 Mil can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good Interest Expense depends on the Media - Diversified 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 Luokung Technology and its competitors. Luokung Technology's current Interest Expense is €-3.17 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Luokung Technology stock overvalued right now?
Luokung Technology (STU:6BT0) has a current Interest Expense of €-3.17 Mil. The current Interest Expense is €-3.17 Mil. Luokung Technology's overall GF Score™ is 12/100. 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 Luokung Technology (STU:6BT0), the current Interest Expense is €-3.17 Mil as of Jun. 2024. 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.

Luokung Technology Business Description

Address No. 9, Guanghua Road, Miss. Qinyu Zhao B9-8, Block B, SOHO Phase II, Chaoyang District, Beijing, CHN, 100020
Luokung Technology Corp is a spatial-temporal intelligent big data services company, as well as a provider of LBS for various industries in China. It has established city-level and industry-level holographic spatial-temporal digital twin systems and actively serves industries including smart transportation (autonomous driving, smart highway and vehicle-road collaboration), natural resource asset management (carbon neutral and environmental protection remote sensing data service), and LBS smart industry applications (mobile Internet LBS, smart travel, smart logistics, new infrastructure, smart cities, emergency rescue, among others).
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Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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