Sun Rise E&T (ROCO:1343) Interest Expense : NT$-3.9 Mil (TTM As of Jun. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Sun Rise E&T Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sun Rise E&T's interest expense for the six months ended in Jun. 2024 was NT$ -1.9 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was NT$-3.9 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. Sun Rise E&T's Operating Income for the six months ended in Jun. 2024 was NT$ 115.9 Mil. Sun Rise E&T's Interest Expense for the six months ended in Jun. 2024 was NT$ -1.9 Mil. Sun Rise E&T's Interest Coverage for the quarter that ended in Jun. 2024 was 60.80. 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.

Sun Rise E&T Interest Expense Historical Data

The historical data trend for Sun Rise E&T'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.

Sun Rise E&T Interest Expense Chart

Sun Rise E&T Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-2.05

-2.71

-3.52

-3.57

-3.97

Sun Rise E&T Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Interest Expense	Get a 7-Day Free Trial							-1.78	-1.79	-1.98	-1.99	-1.91

Sun Rise E&T 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was NT$-3.9 Mil.

Sun Rise E&T (ROCO:1343) 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.

Sun Rise E&T's Interest Expense for the six months ended in Jun. 2024 was NT$-1.9 Mil. Its Operating Income for the six months ended in Jun. 2024 was NT$115.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was NT$91.9 Mil.

Sun Rise E&T's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Jun. 2024 )	/	Interest Expense (Q: Jun. 2024 )
	=	-1	*	115.944	/	-1.907
	=	60.80

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

Sun Rise E&T Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Sun Rise E&T Corp (ROCO:1343) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.2, Huandong Street, Ping-Tung Economic Processing Zone, Pingtung County, Pingtung, TWN, 900

Website

https://www.srise.com.tw

Sun Rise E&T Corp is engaged in providing the HDPE pipes for chemical, pharmaceutical, and other materials transport piping systems both domestically and abroad. Its products include HDPE fish cages comprising, solar floating systems, and others.

Sun Rise E&T Headlines

No Headlines