Cowealth Medical Holding Co (ROCO:4745) Interest Expense : NT$-33 Mil (TTM As of Mar. 2024)

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What is Cowealth Medical Holding Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Cowealth Medical Holding Co's interest expense for the three months ended in Mar. 2024 was NT$ -7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was NT$-33 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. Cowealth Medical Holding Co's Operating Income for the three months ended in Mar. 2024 was NT$ 55 Mil. Cowealth Medical Holding Co's Interest Expense for the three months ended in Mar. 2024 was NT$ -7 Mil. Cowealth Medical Holding Co's Interest Coverage for the quarter that ended in Mar. 2024 was 7.63. 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.

Cowealth Medical Holding Co Interest Expense Historical Data

The historical data trend for Cowealth Medical Holding 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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Cowealth Medical Holding Co Interest Expense Chart

Cowealth Medical Holding Co Annual Data

Trend

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Interest Expense

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-33.78

-36.17

-24.39

-24.97

-34.74

Cowealth Medical Holding 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															-9.07	-9.49	-12.88	-3.31	-7.16

Cowealth Medical Holding 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$-33 Mil.

Cowealth Medical Holding Co (ROCO:4745) 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.

Cowealth Medical Holding Co's Interest Expense for the three months ended in Mar. 2024 was NT$-7 Mil. Its Operating Income for the three months ended in Mar. 2024 was NT$55 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was NT$21 Mil.

Cowealth Medical Holding 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	*	54.689	/	-7.164
	=	7.63

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

Cowealth Medical Holding Co (ROCO:4745) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Cowealth Medical Holding Co Ltd (ROCO:4745) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

Cannon Place, North Sound Road, George Town, P.O. Box 712, Suite 102, Grand Cayman, CYM, KY1-9006

Website

https://www.cowealth.com

Cowealth Medical Holding Co Ltd provides medical equipment. The Company offers radiation oncology products, including CyberKnife robotic radiosurgery system to treat tumors; and Intrabeam miniature radiation source product.

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