First Insurance Co (TPE:2852) Interest Expense : NT$-0 Mil (TTM As of Mar. 2024)

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What is First Insurance Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. First Insurance Co's interest expense for the three months ended in Mar. 2024 was NT$ -0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was NT$-0 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. First Insurance Co's Operating Income for the three months ended in Mar. 2024 was NT$ 310 Mil. First Insurance Co's Interest Expense for the three months ended in Mar. 2024 was NT$ -0 Mil. First Insurance Co's Interest Coverage for the quarter that ended in Mar. 2024 was 12,394.12. 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.

First Insurance Co Interest Expense Historical Data

The historical data trend for First Insurance 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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First Insurance Co Interest Expense Chart

First Insurance Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-0.04

-0.02

-0.11

First Insurance 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															-0.02	-0.01	-0.07	-0.01	-0.03

First Insurance 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$-0 Mil.

First Insurance Co (TPE:2852) 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.

First Insurance Co's Interest Expense for the three months ended in Mar. 2024 was NT$-0 Mil. Its EBIT for the three months ended in Mar. 2024 was NT$310 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was NT$4 Mil.

First Insurance Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	EBIT (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	309.853	/	-0.025
	=	12,394.12

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

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. First Insurance Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

First Insurance Co (TPE:2852) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » First Insurance Co Ltd (TPE:2852) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 54, Zhongxiao East Road, 11th Floor, Section 1, Taipei, TWN

Website

https://www.firstins.com.tw

First Insurance Co Ltd is engaged in the provision of insurance services. The company offers various insurance services such as fire, liability, and professional insurance such as medical malpractice insurance, hospital comprehensive liability insurance, directors, and officer's liability insurance, personal accident, motor, and marine transportation insurance, machinery and engineering insurance, and others. Additionally, it also renders reinsurance services.

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