Nidec Chaun-Choung Technology (TPE:6230) Interest Expense : NT$-47 Mil (TTM As of Mar. 2024)

View and export this data going back to 2003. Start your Free Trial

What is Nidec Chaun-Choung Technology Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Nidec Chaun-Choung Technology's interest expense for the three months ended in Mar. 2024 was NT$ -11 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was NT$-47 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. Nidec Chaun-Choung Technology's Operating Income for the three months ended in Mar. 2024 was NT$ 2 Mil. Nidec Chaun-Choung Technology's Interest Expense for the three months ended in Mar. 2024 was NT$ -11 Mil. Nidec Chaun-Choung Technology's Interest Coverage for the quarter that ended in Mar. 2024 was 0.14. 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.

Nidec Chaun-Choung Technology Interest Expense Historical Data

The historical data trend for Nidec Chaun-Choung 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.

* Premium members only.

Nidec Chaun-Choung Technology Interest Expense Chart

Nidec Chaun-Choung Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-0.90

-1.04

-6.23

-29.03

-51.95

Nidec Chaun-Choung 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															-15.57	-11.70	-13.03	-11.66	-11.02

Nidec Chaun-Choung 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$-47 Mil.

Nidec Chaun-Choung Technology (TPE:6230) 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.

Nidec Chaun-Choung Technology's Interest Expense for the three months ended in Mar. 2024 was NT$-11 Mil. Its Operating Income for the three months ended in Mar. 2024 was NT$2 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was NT$305 Mil.

Nidec Chaun-Choung Technology'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	*	1.527	/	-11.021
	=	0.14

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

Nidec Chaun-Choung Technology (TPE:6230) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Nidec Chaun-Choung Technology Corp (TPE:6230) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 184-3, Zhongxing North Street, Sanchong District, New Taipei, TWN, 241

Website

https://www.ccic.com.tw

Nidec Chaun-Choung Technology Corp is engaged in the manufacturing and merchandising of vapor chambers; heat pipe and thermal module. Geographically, it derives a majority of revenue from Mainland China and also has a presence in Singapore; Malaysia; the United States, and other countries. It generates maximum revenue from a thermal module.

Nidec Chaun-Choung Technology (TPE:6230) Headlines

No Headlines