Tatung Co (TPE:2371) Interest Expense : NT$-865 Mil (TTM As of Mar. 2024)

View and export this data going back to 1962. Start your Free Trial

What is Tatung Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Tatung Co's interest expense for the three months ended in Mar. 2024 was NT$ -221 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was NT$-865 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. Tatung Co's Operating Income for the three months ended in Mar. 2024 was NT$ 424 Mil. Tatung Co's Interest Expense for the three months ended in Mar. 2024 was NT$ -221 Mil. Tatung Co's Interest Coverage for the quarter that ended in Mar. 2024 was 1.92. 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.

Tatung Co Interest Expense Historical Data

The historical data trend for Tatung 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.

Tatung Co Interest Expense Chart

Tatung Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-2,639.82

-2,944.78

-2,521.11

-1,792.81

-854.16

Tatung 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															-210.05	-215.48	-215.04	-213.59	-221.11

Tatung 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$-865 Mil.

Tatung Co (TPE:2371) 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.

Tatung Co's Interest Expense for the three months ended in Mar. 2024 was NT$-221 Mil. Its Operating Income for the three months ended in Mar. 2024 was NT$424 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was NT$31,016 Mil.

Tatung 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	*	424.115	/	-221.105
	=	1.92

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

Tatung Co (TPE:2371) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Tatung Co Ltd (TPE:2371) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 22, Section 3, Zhongshan North Road, Taipei, TWN, 104427

Website

http://www.tatung.com.tw

Tatung Co Ltd is a Taiwan-based conglomerate that primarily operates through the following business groups. The Optoelectronics business group manufactures TFD - LCD, small and medium-sized panels. The consumer business group produces digital entertainment products, Internet of Things products, air conditioners, home appliances, LED TVs, and other products. The Machinery and system business group is engaged in areas such as the Internet of Things and smart grid, new energy systems, motors, machinery and energy systems.; and the Real estate segments. The company generates most of its revenue from Taiwan, China, and Asia.

Tatung Co (TPE:2371) Headlines

No Headlines