Longhorn Auto Co (SZSE:301488) Interest Expense : ¥-2 Mil (TTM As of Sep. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Longhorn Auto Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Longhorn Auto Co's interest expense for the three months ended in Sep. 2024 was ¥ 1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ¥-2 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. Longhorn Auto Co's Operating Income for the three months ended in Sep. 2024 was ¥ 24 Mil. Longhorn Auto Co's Interest Expense for the three months ended in Sep. 2024 was ¥ 1 Mil. Longhorn Auto 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.

Longhorn Auto Co Interest Expense Historical Data

The historical data trend for Longhorn Auto 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.

Longhorn Auto Co Interest Expense Chart

Longhorn Auto Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-5.10

-3.84

-4.42

-1.35

-2.35

Longhorn Auto Co Quarterly Data
	Dec18	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Interest Expense	Get a 7-Day Free Trial													0.49	-1.92	-0.16	-1.03	1.03

Longhorn Auto 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 ¥-2 Mil.

Longhorn Auto Co (SZSE:301488) 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.

Longhorn Auto Co's Interest Expense for the three months ended in Sep. 2024 was ¥1 Mil. Its Operating Income for the three months ended in Sep. 2024 was ¥24 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was ¥12 Mil.

Longhorn Auto Co's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

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. Longhorn Auto Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

Longhorn Auto Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Longhorn Auto Co Ltd (SZSE:301488) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

Dalang Street, Tongsheng Community, Floor 1, Floor 3, Building A, Building B, Tongfuyu Third Functional Zone, Longhua, Guangdong, Shenzhen, CHN, 518109

Website

http://www.longhorn-auto.com

Longhorn Auto Co Ltd is engaged in Research & development, design, manufacture and sales of automotive intelligent driving perception systems. Its products include technical development of reversing radar, tire pressure gauge, mold, HUD, portable TV, rear view system, electronic body stabilization system, vehicle multimedia, and anti-collision radar.

Longhorn Auto Co Headlines

No Headlines