Luxshare Precision Industry Co (SZSE:002475) Interest Expense : ¥-1,410 Mil (TTM As of Mar. 2024)

View and export this data going back to 2010. Start your Free Trial

What is Luxshare Precision Industry Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Luxshare Precision Industry Co's interest expense for the three months ended in Mar. 2024 was ¥ -347 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-1,410 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. Luxshare Precision Industry Co's Operating Income for the three months ended in Mar. 2024 was ¥ 2,473 Mil. Luxshare Precision Industry Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -347 Mil. Luxshare Precision Industry Co's Interest Coverage for the quarter that ended in Mar. 2024 was 7.13. 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.

Luxshare Precision Industry Co Interest Expense Historical Data

The historical data trend for Luxshare Precision Industry 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.

Luxshare Precision Industry Co Interest Expense Chart

Luxshare Precision Industry Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-364.60

-394.59

-656.41

-1,038.07

-1,376.87

Luxshare Precision Industry Co Quarterly Data
	Jun19	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															-314.21	-388.85	-340.40	-333.41	-347.03

Luxshare Precision Industry 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 ¥-1,410 Mil.

Luxshare Precision Industry Co (SZSE:002475) 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.

Luxshare Precision Industry Co's Interest Expense for the three months ended in Mar. 2024 was ¥-347 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥2,473 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥22,276 Mil.

Luxshare Precision Industry 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	*	2472.699	/	-347.034
	=	7.13

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

Luxshare Precision Industry Co (SZSE:002475) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Luxshare Precision Industry Co Ltd (SZSE:002475) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.17 Kuiqing Road, Qinghuang Industrial Zone, Qingxi Town, Guangdong, Dongguan, CHN, 523650

Website

http://www.luxshare-ict.com

Founded in 2004, Luxshare Precision is one of the world's largest manufacturers of cables and connectors and is a major supplier to Apple, which accounts for over 70% of sales. The company has since expanded production into other faster-growing consumer electronic components, such as speakers, haptic, cameras, PC docks, and wireless charging modules, as well as electronic manufacturing services for Apple's Watch and AirPods. Of Luxshare's 2022 sales, 84% is derived from the consumer electronics end market, while the remaining 16% is spread across the computer, communication and automobile verticals. Luxshare employs over 230,000 people and has manufacturing bases in China, India, and Vietnam.

Luxshare Precision Industry Co (SZSE:002475) Headlines

No Headlines