VCHYF (V Technology Co) Interest Expense : $-0.4 Mil (TTM As of Mar. 2024)

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What is V Technology Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. V Technology Co's interest expense for the three months ended in Mar. 2024 was $ -0.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-0.4 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. V Technology Co's Operating Income for the three months ended in Mar. 2024 was $ 19.5 Mil. V Technology Co's Interest Expense for the three months ended in Mar. 2024 was $ -0.1 Mil. V Technology Co's Interest Coverage for the quarter that ended in Mar. 2024 was 182.40. 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.

V Technology Co Interest Expense Historical Data

The historical data trend for V Technology 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.

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V Technology Co Interest Expense Chart

V Technology Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-0.37

-0.50

-0.35

-0.34

-0.40

V Technology Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Interest Expense	Get a 7-Day Free Trial															-0.10	-0.10	-0.11	-0.11	-0.12

V Technology 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 $-0.4 Mil.

V Technology Co (OTCPK:VCHYF) 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.

V Technology Co's Interest Expense for the three months ended in Mar. 2024 was $-0.1 Mil. Its Operating Income for the three months ended in Mar. 2024 was $19.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $70.4 Mil.

V Technology 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	*	19.517	/	-0.107
	=	182.40

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

V Technology Co Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » V Technology Co Ltd (OTCPK:VCHYF) » Definitions » Interest Expense

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7717:Japan

Address

YBP East Tower 9F, 134 Godo-cho, Hodogaya-ku, Yokohama, JPN, 240-00005

Website

http://www.vtec.co.jp

V Technology Co Ltd is in the business of development, manufacturing marketing and service of the manufacturing system, inspection system, measurement system, macro inspection system and also flat panel display industry. The company is also engaged in development and sales of the systems for solar cell and liquid emitting displays manufacturing. Its products include smart phones, game consoles, inspection system, and laser scriber.