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Solid Year Co (ROCO:6737) Interest Expense : NT$-13 Mil (TTM As of Dec. 2023)


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What is Solid Year Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Solid Year Co's interest expense for the six months ended in Dec. 2023 was NT$ -6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was NT$-13 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 Year Co's Operating Income for the six months ended in Dec. 2023 was NT$ 198 Mil. Solid Year Co's Interest Expense for the six months ended in Dec. 2023 was NT$ -6 Mil. Solid Year Co's Interest Coverage for the quarter that ended in Dec. 2023 was 34.55. 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 Year Co Interest Expense Historical Data

The historical data trend for Solid Year 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.

* Premium members only.

Solid Year Co Interest Expense Chart

Solid Year Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -19.01 -9.53 -9.73 -14.36 -12.67

Solid Year Co Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -5.55 -6.75 -7.61 -6.94 -5.73

Solid Year 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was NT$-13 Mil.

* 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.


Solid Year Co  (ROCO:6737) Interest Expense 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.

Solid Year Co's Interest Expense for the six months ended in Dec. 2023 was NT$-6 Mil. Its Operating Income for the six months ended in Dec. 2023 was NT$198 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was NT$448 Mil.

Solid Year Co's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*197.909/-5.728
=34.55

* 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.

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


Solid Year Co (ROCO:6737) Business Description

Traded in Other Exchanges
N/A
Address
Xintai 5th Road, 18th Floor, No. 97, Section 1, Xizhi District, New Taipei City, Taipei, TWN
Solid Year Co Ltd is engaged in producing single-shot and double-shot plastic injection finished products from mold manufacturers specializing in mold design and manufacturing. The company's products are computer keyboard, USB network camera, USB network camera module, driving recorder, hunting machine, projector, gamepad, automotive electronics, in-car multimedia audio and video system, smart rear-view mirror, head-up display, iPhone Computer electronic peripheral products such as Car Box, infant network surveillance camera, among others.

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