Taiwan Cement (TPE:1101) Interest Expense : NT$-3,543 Mil (TTM As of Dec. 2023)

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What is Taiwan Cement Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Taiwan Cement's interest expense for the three months ended in Dec. 2023 was NT$ -977 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was NT$-3,543 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 Cement's Operating Income for the three months ended in Dec. 2023 was NT$ 3,434 Mil. Taiwan Cement's Interest Expense for the three months ended in Dec. 2023 was NT$ -977 Mil. Taiwan Cement's Interest Coverage for the quarter that ended in Dec. 2023 was 3.51. 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 Cement Interest Expense Historical Data

The historical data trend for Taiwan Cement'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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Taiwan Cement Interest Expense Chart

Taiwan Cement Annual Data

Trend

Dec14

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Dec23

Interest Expense

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-2,199.12

-1,892.85

-1,670.46

-2,869.89

-3,542.68

Taiwan Cement Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-871.88	-829.27	-843.41	-892.94	-977.08

Taiwan Cement 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$-3,543 Mil.

Taiwan Cement (TPE:1101) 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.

Taiwan Cement's Interest Expense for the three months ended in Dec. 2023 was NT$-977 Mil. Its Operating Income for the three months ended in Dec. 2023 was NT$3,434 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was NT$122,901 Mil.

Taiwan Cement's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	3433.504	/	-977.078
	=	3.51

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

Taiwan Cement (TPE:1101) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Taiwan Cement Corp (TPE:1101) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

1101B.PFD:Taiwan

Address

No.113, Zhongshan North Road, Section 2, Taipei, TWN, 104

Website

https://www.taiwancement.com

Taiwan Cement Corp operates in three primary segments: cement, Electricity and energy segment and Other segments. The cement segment involves production, processing and sale of cement goods. The Electricity and energy segment is engaged in power generation, energy storage and power business. The other segment includes land and marine transportation, production and sale of refractory materials, and others. The majority of revenue comes from Asia and Taiwan.

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