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SigmaStar Technology (SZSE:301536) Interest Expense : ¥-9 Mil (TTM As of Mar. 2024)


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What is SigmaStar Technology Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. SigmaStar Technology's interest expense for the three months ended in Mar. 2024 was ¥ -5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-9 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. SigmaStar Technology's Operating Income for the three months ended in Mar. 2024 was ¥ 44 Mil. SigmaStar Technology's Interest Expense for the three months ended in Mar. 2024 was ¥ -5 Mil. SigmaStar Technology's Interest Coverage for the quarter that ended in Mar. 2024 was 8.35. 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.


SigmaStar Technology Interest Expense Historical Data

The historical data trend for SigmaStar 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.

SigmaStar Technology Interest Expense Chart

SigmaStar Technology Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
-0.09 -0.26 -1.90 -8.66 -14.36

SigmaStar Technology Quarterly Data
Dec19 Dec20 Dec21 Jun22 Dec22 Mar23 Jun23 Dec23 Mar24
Interest Expense Get a 7-Day Free Trial Premium Member Only - -2.12 -3.34 - -5.32

SigmaStar 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-9 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.


SigmaStar Technology  (SZSE:301536) 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.

SigmaStar Technology's Interest Expense for the three months ended in Mar. 2024 was ¥-5 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥44 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥349 Mil.

SigmaStar Technology'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*44.429/-5.32
=8.35

* 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.


SigmaStar Technology (SZSE:301536) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Houzhan Road, Floor 16, No. 1, Tong\'an District, Fujian Province, Xiamen, CHN, 361116
SigmaStar Technology Ltd is engaged in research & development and sales of video surveillance chips. Its products cover IP Cam, USB Cam, NVR, DVR, vehicle electronics, action cameras, smart home, robots, industry and other fields.

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