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Thintech Material Technology Co (ROCO:3663) Interest Expense : NT$-16 Mil (TTM As of Mar. 2024)


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What is Thintech Material Technology Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Thintech Material Technology Co's interest expense for the three months ended in Mar. 2024 was NT$ -3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was NT$-16 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. Thintech Material Technology Co's Operating Income for the three months ended in Mar. 2024 was NT$ 2 Mil. Thintech Material Technology Co's Interest Expense for the three months ended in Mar. 2024 was NT$ -3 Mil. Thintech Material Technology Co's Interest Coverage for the quarter that ended in Mar. 2024 was 0.59. 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.


Thintech Material Technology Co Interest Expense Historical Data

The historical data trend for Thintech Material Technology 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.

Thintech Material Technology Co Interest Expense Chart

Thintech Material Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -11.29 -10.04 -8.54 -9.55 -17.00

Thintech Material Technology Co 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 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 -3.85 -5.17 -4.53 -3.45 -3.20

Thintech Material Technology 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$-16 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.


Thintech Material Technology Co  (ROCO:3663) 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.

Thintech Material Technology Co's Interest Expense for the three months ended in Mar. 2024 was NT$-3 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$107 Mil.

Thintech Material Technology Co'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*1.876/-3.2
=0.59

* 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.


Thintech Material Technology Co (ROCO:3663) Business Description

Traded in Other Exchanges
N/A
Address
No.1, Luke 8th Road, Luzhu District, Kaohsiung, TWN, 82151
Thintech Material Technology Co Ltd is a Taiwan-based company engaged in the processing and sales of a variety of thin film sputtering targets and precious metals, as well as trading of general metals. Its products include conductive paste for solar cells, thin film for sputtering targets, target bonding service, precious metal refining, injection molding bi-metal barrels, and special alloy powder.

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