Polytronics Technology (TPE:6224) Interest Expense : NT$-24 Mil (TTM As of Mar. 2024)

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What is Polytronics Technology Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Polytronics Technology's interest expense for the three months ended in Mar. 2024 was NT$ -5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was NT$-24 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. Polytronics Technology's Operating Income for the three months ended in Mar. 2024 was NT$ -7 Mil. Polytronics Technology's Interest Expense for the three months ended in Mar. 2024 was NT$ -5 Mil. Polytronics Technology did not have earnings to cover the interest expense. 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.

Polytronics Technology Interest Expense Historical Data

The historical data trend for Polytronics Technology'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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Polytronics Technology Interest Expense Chart

Polytronics Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-5.65

-6.02

-13.09

-13.30

-27.68

Polytronics Technology 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															-9.09	-6.94	-6.16	-5.49	-5.34

Polytronics Technology 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$-24 Mil.

Polytronics Technology (TPE:6224) 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.

Polytronics Technology's Interest Expense for the three months ended in Mar. 2024 was NT$-5 Mil. Its Operating Income for the three months ended in Mar. 2024 was NT$-7 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was NT$191 Mil.

Polytronics Technology's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Polytronics Technology did not have earnings to cover the interest expense.

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

Polytronics Technology (TPE:6224) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Polytronics Technology Corp (TPE:6224) » Definitions » Interest Expense

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Address

No. 24-1 Industry E. Road. IV, Hsinchu Science Park, Hsinchu, TWN, 300

Website

https://www.pttc.com.tw

Polytronics Technology Corp, along with its subsidiaries is engaged in the research, development, manufacturing, and sale of polymeric positive temperature coefficient, overvoltage protection elements and its production-related semi-finished goods, modules, heat conductive substrate, thermal module, heat dispersing materials, light emitting diode lighting, and modules. The company is based in the Taiwan region and offers its services to China, America, and other regions.

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