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Sunsea AIot Technology Co (SZSE:002313) Interest Expense : ¥-100 Mil (TTM As of Sep. 2024)


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What is Sunsea AIot Technology Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sunsea AIot Technology Co's interest expense for the three months ended in Sep. 2024 was ¥ -22 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ¥-100 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. Sunsea AIot Technology Co's Operating Income for the three months ended in Sep. 2024 was ¥ -10 Mil. Sunsea AIot Technology Co's Interest Expense for the three months ended in Sep. 2024 was ¥ -22 Mil. Sunsea AIot Technology Co 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.


Sunsea AIot Technology Co Interest Expense Historical Data

The historical data trend for Sunsea AIot Technology 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.

Sunsea AIot Technology Co Interest Expense Chart

Sunsea AIot Technology 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 -141.95 -128.60 -87.38 -88.84 -83.77

Sunsea AIot Technology Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -12.40 -29.28 -22.09 -26.55 -21.78

Sunsea AIot Technology 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-100 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.


Sunsea AIot Technology Co  (SZSE:002313) 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.

Sunsea AIot Technology Co's Interest Expense for the three months ended in Sep. 2024 was ¥-22 Mil. Its Operating Income for the three months ended in Sep. 2024 was ¥-10 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was ¥132 Mil.

Sunsea AIot Technology Co's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Sunsea AIot Technology Co 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.


Sunsea AIot Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 198, Daxin Road, 17th Floor, Majialong Innovation Building, Nanshan District, Shenzhen, CHN, 518057
Sunsea AIot Technology Co Ltd is engaged in providing end-to-end Internet of Things (IoT) products and services to global customers. The group offers services to telecom operators, ICT equipment vendors, system integrators, and enterprise customers. The solution and products offered by the company includes IoT terminals, IoT cloud platforms, IoT multi-industry solutions, communications network infrastructure and communications services. geographically it holds research and development centers in China major cities such as Shenzhen, Shanghai and Xi'an, and has sales outlets in domestic capital cities and in Sweden, Italy, Thailand, and other countries.
Executives
Luo Xiao Yan Executives
Yuan Shu Executives
Fang Ling Ling Securities Affairs Representative
Peng Jian Director
He Mei Qin Executives
Li Wei Directors, Directors, and Executives
Liu Ping Director
Meng Xiang Yun Supervisors
Wu Yong Ping Secretary, Director
Chen Xu Hong Director
Dong Wei Independent director
Zhou Zhan Hong Director
Wang Yan Supervisors

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