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Maxvision Technology (SZSE:002990) Interest Expense : ¥-1 Mil (TTM As of Dec. 2024)


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What is Maxvision Technology Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Maxvision Technology's interest expense for the three months ended in Dec. 2024 was ¥ -0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ¥-1 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. Maxvision Technology's Operating Income for the three months ended in Dec. 2024 was ¥ 79 Mil. Maxvision Technology's Interest Expense for the three months ended in Dec. 2024 was ¥ -0 Mil. Maxvision Technology's Interest Coverage for the quarter that ended in Dec. 2024 was 338.96. 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.


Maxvision Technology Interest Expense Historical Data

The historical data trend for Maxvision 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.

* Premium members only.

Maxvision Technology Interest Expense Chart

Maxvision Technology Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only -2.03 -1.54 -2.51 -3.26 -1.41

Maxvision Technology Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -1.15 -0.41 -0.42 -0.35 -0.23

Maxvision 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-1 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.


Maxvision Technology  (SZSE:002990) 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.

Maxvision Technology's Interest Expense for the three months ended in Dec. 2024 was ¥-0 Mil. Its Operating Income for the three months ended in Dec. 2024 was ¥79 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ¥14 Mil.

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

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*78.978/-0.233
=338.96

* 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Maxvision Technology Corp has enough cash to cover all of its debt. Its financial situation is stable.


Maxvision Technology Business Description

Traded in Other Exchanges
N/A
Address
Tairan Shi Road, Shatou Street, 1601, 1605, East Block, Phase 2,Tian\'an Community, Tianan Innovation and Technology Plaza, Futian District, Guangdong, Shenzhen, CHN, 518040
Maxvision Technology Corp is specialized in artificial intelligence and algorithm researches and intelligent system integration. Its products include smart port, smart traffic, artificial intelligence, and smart systems.
Executives
Miao Ying Liang Executives
Huang Xin Directors, executives
Hu Gang Directors, executives
Qin Cao Directors, executives
Jiang Bing Directors, executives
Gong Tao Executives
Lai Shi Wu Executives

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