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China Metal Products Co (TPE:1532) Interest Expense : NT$-388 Mil (TTM As of Mar. 2024)


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What is China Metal Products Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. China Metal Products Co's interest expense for the three months ended in Mar. 2024 was NT$ -81 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was NT$-388 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. China Metal Products Co's Operating Income for the three months ended in Mar. 2024 was NT$ 705 Mil. China Metal Products Co's Interest Expense for the three months ended in Mar. 2024 was NT$ -81 Mil. China Metal Products Co's Interest Coverage for the quarter that ended in Mar. 2024 was 8.67. 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.


China Metal Products Co Interest Expense Historical Data

The historical data trend for China Metal Products 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.

China Metal Products Co Interest Expense Chart

China Metal Products Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -269.24 -274.74 -259.46 -274.78 -413.32

China Metal Products 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -106.30 -100.58 -96.43 -110.01 -81.24

China Metal Products 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$-388 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.


China Metal Products Co  (TPE:1532) 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.

China Metal Products Co's Interest Expense for the three months ended in Mar. 2024 was NT$-81 Mil. Its Operating Income for the three months ended in Mar. 2024 was NT$705 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was NT$7,472 Mil.

China Metal Products 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*704.59/-81.241
=8.67

* 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.


China Metal Products Co (TPE:1532) Business Description

Traded in Other Exchanges
N/A
Address
No. 85, Ren'ai Road, 4th Floor, Section 4, Daan District, Taipei, TWN, 106
China Metal Products Co Ltd is a Taiwan-based company that operates in three segments, namely Metal Manufacturing, which focuses on the development and selling of cast iron products; Real Estate Development, which focuses on the development and selling of residents and commercial buildings; and Lifestyle Hospitality segment focuses on retailing, amusement park, and hotel operating. Metal Manufacturing generates the majority of its revenue. The company's geographical segments include Taiwan, the United States, Japan, China, Europe, South America, and Others.

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