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Taiwan Semiconductor Manufacturing Co Ltd (NYSE:TSM)
Interest Expense
$-103 Mil (TTM As of Sep. 2016)

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 Sep. 2016 was $-26 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2016 was $-103 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 Sep. 2016 was $3,378 Mil. Taiwan Semiconductor Manufacturing Co Ltd's Interest Expense for the three months ended in Sep. 2016 was $-26 Mil. Taiwan Semiconductor Manufacturing Co Ltd's interest coverage for the quarter that ended in Sep. 2016 was 129.17. 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.


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 Sep. 2016 was -25.0077308977 (Dec. 2015 ) + -26.1014993525 (Mar. 2016 ) + -25.4311145511 (Jun. 2016 ) + -26.1527775129 (Sep. 2016 ) = $-103 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Taiwan Semiconductor Manufacturing Co Ltd's interest expense for the three months ended in Sep. 2016 was $-26 Mil. Its operating income for the three months ended in Sep. 2016 was $3,378 Mil. And its Long-Term Debt for the three months ended in Sep. 2016 was $4,837 Mil.

Taiwan Semiconductor Manufacturing Co Ltd's Interest Coverage for the quarter that ended in Sep. 2016 is calculated as

Interest Coverage=-1*Operating Income (Q: Sep. 2016 )/Interest Expense (Q: Sep. 2016 )
=-1*3378.09786306/-26.1527775129
=129.17

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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 local exchange's currency.

Taiwan Semiconductor Manufacturing Co Ltd Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
Interest Expense -27-26-19-12-14-21-34-89-103-97

Taiwan Semiconductor Manufacturing Co Ltd Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
Interest Expense -27-27-26-25-25-24-25-26-25-26
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