Hiwin Technologies (TPE:2049) Interest Expense : NT$-189 Mil (TTM As of Mar. 2024)

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What is Hiwin Technologies Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Hiwin Technologies's interest expense for the three months ended in Mar. 2024 was NT$ -42 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was NT$-189 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. Hiwin Technologies's Operating Income for the three months ended in Mar. 2024 was NT$ 400 Mil. Hiwin Technologies's Interest Expense for the three months ended in Mar. 2024 was NT$ -42 Mil. Hiwin Technologies's Interest Coverage for the quarter that ended in Mar. 2024 was 9.59. 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.

Hiwin Technologies Interest Expense Historical Data

The historical data trend for Hiwin Technologies'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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Hiwin Technologies Interest Expense Chart

Hiwin Technologies Annual Data

Trend

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Dec23

Interest Expense

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-197.36

-220.92

-169.16

-186.88

-194.84

Hiwin Technologies 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															-47.15	-49.60	-48.20	-49.90	-41.74

Hiwin Technologies 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$-189 Mil.

Hiwin Technologies (TPE:2049) 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.

Hiwin Technologies's Interest Expense for the three months ended in Mar. 2024 was NT$-42 Mil. Its Operating Income for the three months ended in Mar. 2024 was NT$400 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was NT$7,276 Mil.

Hiwin Technologies'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	*	400.225	/	-41.737
	=	9.59

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

Hiwin Technologies (TPE:2049) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hiwin Technologies Corp (TPE:2049) » Definitions » Interest Expense

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Address

No. 7, Jingke Road, Taichung Precision Machinery Park, Taichung, TWN, 408225

Website

https://www.hiwin.tw

Hiwin Technologies Corp manufactures linear guideways used in precision positioning, guiding, and measuring applications. Other products include ball screws for industrial machinery, which turn rotary motion into linear motion, and linear actuators utilizing a gear system to transform motor-powered rotary movement into linear movement. The end market for Hiwin is Taiwan, followed by smaller markets in Germany, Japan, and the United States. The Group's reportable segments are linear guideways, ballscrews and others. Majority of revenue is generated from Linear guideways segment.

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