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TCL Electronics Holdings (TCL Electronics Holdings) Interest Expense : $-113 Mil (TTM As of Dec. 2023)


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What is TCL Electronics Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. TCL Electronics Holdings's interest expense for the six months ended in Dec. 2023 was $ -58 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-113 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. TCL Electronics Holdings's Operating Income for the six months ended in Dec. 2023 was $ 120 Mil. TCL Electronics Holdings's Interest Expense for the six months ended in Dec. 2023 was $ -58 Mil. TCL Electronics Holdings's Interest Coverage for the quarter that ended in Dec. 2023 was 2.07. 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.

TCL Electronics Holdings Interest Expense Historical Data

The historical data trend for TCL Electronics Holdings'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.

TCL Electronics Holdings Interest Expense Chart

TCL Electronics Holdings 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 -16.51 -31.45 -51.40 -85.89 -113.38

TCL Electronics Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 -23.58 -32.35 -53.27 -55.11 -58.11

TCL Electronics Holdings 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-113 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.

TCL Electronics Holdings  (OTCPK:TCLHF) 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.

TCL Electronics Holdings's Interest Expense for the six months ended in Dec. 2023 was $-58 Mil. Its Operating Income for the six months ended in Dec. 2023 was $120 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was $145 Mil.

TCL Electronics Holdings's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*120.342/-58.108
=2.07

* 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.

TCL Electronics Holdings (TCL Electronics Holdings) Business Description

Industry
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HKSE:00751 HKSE:01401 HKSE:00328 HKSE:01692 HKSE:02369 HKSE:00099 HKSE:01143 HKSE:08005 HKSE:00912 HKSE:00320 AAPL XKRX:005930 TSE:6758 HKSE:01810 TSE:6752 XKRX:066570 XKRX:003550 SZSE:002241 SHSE:603296 BOM:540699
Traded in Other Exchanges
01070:Hong Kong TC2A:Germany
Address
22 Science Park East Avenue, 5th Floor, Building 22E, Hong Kong Science Park, Shatin, New Territories, Hong Kong, HKG
Website
http://electronics.tcl.com
TCL Electronics Holdings Ltd designs, manufactures, and sells televisions globally. Listed on the HKSE, TCL is headquartered in Shenzhen. By brand it is the third-largest supplier of televisions globally, but is second-largest in total television volume including televisions produced under original design and manufacture contracts for other brands. In 2020 TCL sold its wholesale TV business and purchased the TCL Communications business which focuses on smartphones and tablets. The five reportable operating segments are Smart screen segment, Internet business segment, Smart mobile, connective devices and services segment, All-category marketing segment and Smart commercial display, smart home, photovoltaic and other businesses segment.