Solid State System Co (ROCO:3259) Interest Expense : NT$-1.6 Mil (TTM As of Mar. 2024)

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What is Solid State System Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Solid State System Co's interest expense for the three months ended in Mar. 2024 was NT$ -0.3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was NT$-1.6 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. Solid State System Co's Operating Income for the three months ended in Mar. 2024 was NT$ -64.9 Mil. Solid State System Co's Interest Expense for the three months ended in Mar. 2024 was NT$ -0.3 Mil. Solid State System Co did not have earnings to cover the interest expense. 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.

Solid State System Co Interest Expense Historical Data

The historical data trend for Solid State System 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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Solid State System Co Interest Expense Chart

Solid State System Co Annual Data

Trend

Dec14

Dec15

Dec16

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Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-1.37

-0.90

-1.28

-0.67

-1.78

Solid State System 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															-0.47	-0.49	-0.42	-0.40	-0.28

Solid State System 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 NT$-1.6 Mil.

Solid State System Co (ROCO:3259) 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.

Solid State System Co's Interest Expense for the three months ended in Mar. 2024 was NT$-0.3 Mil. Its Operating Income for the three months ended in Mar. 2024 was NT$-64.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was NT$29.1 Mil.

Solid State System Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Solid State System Co did not have earnings to cover the interest expense.

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

Solid State System Co (ROCO:3259) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Solid State System Co Ltd (ROCO:3259) » Definitions » Interest Expense

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Address

No. 22, Tai Yuen Street, 5th Floor-1, Tai Yuen Hi-Tech Industrial Park, Hsinchu County, Zhubei City, TWN, 30288

Website

http://www.3system.com.tw

Solid State System Co Ltd is engaged in the production and distribution of flash memory controller integrated circuits and audio ICs. It offers various storage solutions, including USB flash controllers and SSD turn-key solutions; multimedia audio solutions, such as USB speakers, USB headsets, and USB line-in controllers; and MEMS microphones.

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