Giga Solar Materials (ROCO:3691) Interest Expense : NT$-101 Mil (TTM As of Sep. 2024)

View and export this data going back to 2010. Start your Free Trial

What is Giga Solar Materials Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Giga Solar Materials's interest expense for the three months ended in Sep. 2024 was NT$ -33 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was NT$-101 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. Giga Solar Materials's Operating Income for the three months ended in Sep. 2024 was NT$ -172 Mil. Giga Solar Materials's Interest Expense for the three months ended in Sep. 2024 was NT$ -33 Mil. Giga Solar Materials did not have earnings to cover the interest expense. 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.

Giga Solar Materials Interest Expense Historical Data

The historical data trend for Giga Solar Materials'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.

Giga Solar Materials Interest Expense Chart

Giga Solar Materials Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-272.85

-134.14

-79.27

-70.23

-52.65

Giga Solar Materials Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Interest Expense	Get a 7-Day Free Trial															-12.11	-16.07	-21.39	-30.19	-33.46

Giga Solar Materials 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$-101 Mil.

Giga Solar Materials (ROCO:3691) 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.

Giga Solar Materials's Interest Expense for the three months ended in Sep. 2024 was NT$-33 Mil. Its Operating Income for the three months ended in Sep. 2024 was NT$-172 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was NT$3,459 Mil.

Giga Solar Materials's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Giga Solar Materials did not have earnings to cover the interest expense.

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

Giga Solar Materials Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Giga Solar Materials Corp (ROCO:3691) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3, Gongye 1st Road, 1st Floor, Hukou Township, Hsinchu, TWN, 30351

Website

http://www.gigasolar.com.tw

Giga Solar Materials Corp is engaged in the research and development (R&D), manufacturing, and sales of solar conductive plasma. The reportable segments of the company are; the Photovoltaic materials division which generates key revenue for the company, the Solar power plant division, the Wire materials division, and others. Geographically, the company generates a majority of its revenue from Taiwan followed by Mainland China, Japan, South Korea, India, Hong Kong, and other countries.

Giga Solar Materials Headlines

No Headlines