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Taiwan Television Enterprise Co (ROCO:8329) Interest Expense : NT$-2 Mil (TTM As of Dec. 2024)


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What is Taiwan Television Enterprise Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Taiwan Television Enterprise Co's interest expense for the six months ended in Dec. 2024 was NT$ -1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was NT$-2 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. Taiwan Television Enterprise Co's Operating Income for the six months ended in Dec. 2024 was NT$ 1,228 Mil. Taiwan Television Enterprise Co's Interest Expense for the six months ended in Dec. 2024 was NT$ -1 Mil. Taiwan Television Enterprise Co's Interest Coverage for the quarter that ended in Dec. 2024 was 1,172.62. 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.


Taiwan Television Enterprise Co Interest Expense Historical Data

The historical data trend for Taiwan Television Enterprise 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.

Taiwan Television Enterprise Co Interest Expense Chart

Taiwan Television Enterprise Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.51 -1.42 -1.82 -2.56 -2.44

Taiwan Television Enterprise Co Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.03 -1.27 -1.29 -1.39 -1.05

Taiwan Television Enterprise 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 Dec. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was NT$-2 Mil.

* 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.


Taiwan Television Enterprise Co  (ROCO:8329) Interest Expense Explanation

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. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Taiwan Television Enterprise Co's Interest Expense for the six months ended in Dec. 2024 was NT$-1 Mil. Its Operating Income for the six months ended in Dec. 2024 was NT$1,228 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was NT$5 Mil.

Taiwan Television Enterprise Co's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*1227.732/-1.047
=1,172.62

* 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.

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. Taiwan Television Enterprise Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.


Taiwan Television Enterprise Co Business Description

Traded in Other Exchanges
N/A
Address
No.10, Section 3 Pa Te Road, Songshan District, Taipei, TWN, 105
Taiwan Television Enterprise Co Ltd is a Taiwan based company engages in the production of a television program, radio and television advertising, and program distribution.

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