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Taiwan Semiconductor Manufacturing Co Ltd (NYSE:TSM)
Interest Expense
$-105 Mil (TTM As of Mar. 2015)

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Taiwan Semiconductor Manufacturing Co Ltd's interest expense for the three months ended in Mar. 2015 was $-25 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2015 was $-105 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. Taiwan Semiconductor Manufacturing Co Ltd's Operating Income for the three months ended in Mar. 2015 was $2,755 Mil. Taiwan Semiconductor Manufacturing Co Ltd's Interest Expense for the three months ended in Mar. 2015 was $-25 Mil. Taiwan Semiconductor Manufacturing Co Ltd's interest coverage for the quarter that ended in Mar. 2015 was 109.11. The higher the ratio, the stronger the company’s financial strength is.


Definition

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Taiwan Semiconductor Manufacturing Co Ltd Interest Expense for the trailing twelve months (TTM) ended in Mar. 2015 was -26.7239079693 (Jun. 2014 ) + -27.0835352295 (Sep. 2014 ) + -26.2190170293 (Dec. 2014 ) + -25.2540539853 (Mar. 2015 ) = $-105 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


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.

Taiwan Semiconductor Manufacturing Co Ltd's interest expense for the three months ended in Mar. 2015 was $-25 Mil. Its operating income for the three months ended in Mar. 2015 was $2,755 Mil. And its Long-Term Debt for the three months ended in Mar. 2015 was $6,809 Mil.

Taiwan Semiconductor Manufacturing Co Ltd's Interest Coverage for the quarter that ended in Mar. 2015 is calculated as

Interest Coverage=-1*Operating Income (Q: Mar. 2015 )/Interest Expense (Q: Mar. 2015 )
=-1*2755.44156472/-25.2540539853
=109.11

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

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

Good Sign:

Ben Graham prefers companies interest coverage is at least 5. Taiwan Semiconductor Manufacturing Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Taiwan Semiconductor Manufacturing Co Ltd Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
Interest Expense -80-27-26-19-12-14-21-35-89-103

Taiwan Semiconductor Manufacturing Co Ltd Quarterly Data

Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15
Interest Expense -12-17-21-25-26-26-27-27-26-25
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