Foxconn Technology Co (Foxconn Technology Co) Interest Expense : $-8 Mil (TTM As of Mar. 2024)

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What is Foxconn Technology Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Foxconn Technology Co's interest expense for the three months ended in Mar. 2024 was $ -2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-8 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. Foxconn Technology Co's Operating Income for the three months ended in Mar. 2024 was $ 6 Mil. Foxconn Technology Co's Interest Expense for the three months ended in Mar. 2024 was $ -2 Mil. Foxconn Technology Co's Interest Coverage for the quarter that ended in Mar. 2024 was 2.70. 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.

Foxconn Technology Co Interest Expense Historical Data

The historical data trend for Foxconn 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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Foxconn Technology Co Interest Expense Chart

Foxconn Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-15.16

-8.84

-5.31

-6.83

-7.71

Foxconn Technology Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-1.92	-1.62	-1.54	-2.65	-2.37

Foxconn 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 $-8 Mil.

Foxconn Technology Co (OTCPK:FXCOF) 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.

Foxconn Technology Co's Interest Expense for the three months ended in Mar. 2024 was $-2 Mil. Its Operating Income for the three months ended in Mar. 2024 was $6 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $11 Mil.

Foxconn 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	*	6.388	/	-2.368
	=	2.70

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

Foxconn Technology Co (Foxconn Technology Co) Business Description

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

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2354:Taiwan

Address

No. 3-2, Zhongshan Road, Tucheng District, Taipei, TWN

Website

https://www.foxconntech.com.tw

Foxconn Technology Co Ltd along with its subsidiaries is engaged in manufacturing, processing, and sales of case, heat dissipation modules, and consumer electronics products. The firm's operating segments include Trading services of electronic products and Manufacturing and sales of mechanical components. It generates a majority of its revenue from the Electronic product trading segment. Geographically, the company operates in China, Japan, Taiwan, USA, and others. It generates a majority of its revenue from Japan followed by China.