AAC Technologies Holdings (STU:A2XN) Interest Expense : €-54 Mil (TTM As of Jun. 2024)

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What is AAC Technologies Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. AAC Technologies Holdings's interest expense for the six months ended in Jun. 2024 was € -30 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was €-54 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. AAC Technologies Holdings's Operating Income for the six months ended in Jun. 2024 was € 93 Mil. AAC Technologies Holdings's Interest Expense for the six months ended in Jun. 2024 was € -30 Mil. AAC Technologies Holdings's Interest Coverage for the quarter that ended in Jun. 2024 was 3.14. 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.

AAC Technologies Holdings Interest Expense Historical Data

The historical data trend for AAC Technologies 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.

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AAC Technologies Holdings Interest Expense Chart

AAC Technologies Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-31.85

-42.56

-57.73

-54.58

-50.19

AAC Technologies Holdings Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Interest Expense	Get a 7-Day Free Trial															-28.80	-26.98	-26.29	-24.00	-29.72

AAC Technologies 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-54 Mil.

AAC Technologies Holdings (STU:A2XN) 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.

AAC Technologies Holdings's Interest Expense for the six months ended in Jun. 2024 was €-30 Mil. Its Operating Income for the six months ended in Jun. 2024 was €93 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was €968 Mil.

AAC Technologies Holdings'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	*	93.382	/	-29.72
	=	3.14

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

AAC Technologies Holdings Business Description

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AACAY:USA AACAF:USA 02018:Hong Kong

Address

38 Gloucester Road, Unit 1605-7, China Evergrande Centre, Wanchai, Hong Kong, HKG

Website

https://www.aactechnologies.com

AAC Technologies is one of the world's largest manufacturers of miniature acoustic components, such as speakers and receivers, primarily for smartphones, which account for under half of its revenue. Founded in 1993, the company has since expanded into the production of other handset components, such as electromagnetic drives (haptics), precision mechanical (metal casing), lenses and camera modules, and MEMS microphones. AAC is headquartered in Shenzhen, China, and runs factories in China, Vietnam, Czechia, and Malaysia. It employed 36,833 people as at June 30, 2024.

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