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Taiwan Advance Bio-Pharmaceutical (ROCO:4186) Interest Expense : NT$-7.6 Mil (TTM As of Jun. 2024)


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What is Taiwan Advance Bio-Pharmaceutical Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Taiwan Advance Bio-Pharmaceutical's interest expense for the six months ended in Jun. 2024 was NT$ -3.8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was NT$-7.6 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 Advance Bio-Pharmaceutical's Operating Income for the six months ended in Jun. 2024 was NT$ -1.3 Mil. Taiwan Advance Bio-Pharmaceutical's Interest Expense for the six months ended in Jun. 2024 was NT$ -3.8 Mil. Taiwan Advance Bio-Pharmaceutical 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.


Taiwan Advance Bio-Pharmaceutical Interest Expense Historical Data

The historical data trend for Taiwan Advance Bio-Pharmaceutical'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 Advance Bio-Pharmaceutical Interest Expense Chart

Taiwan Advance Bio-Pharmaceutical 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 -10.11 -10.44 -7.43 -6.13 -7.30

Taiwan Advance Bio-Pharmaceutical Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 -2.79 -3.34 -3.50 -3.80 -3.78

Taiwan Advance Bio-Pharmaceutical 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$-7.6 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 Advance Bio-Pharmaceutical  (ROCO:4186) 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 Advance Bio-Pharmaceutical's Interest Expense for the six months ended in Jun. 2024 was NT$-3.8 Mil. Its Operating Income for the six months ended in Jun. 2024 was NT$-1.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was NT$70.5 Mil.

Taiwan Advance Bio-Pharmaceutical's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Taiwan Advance Bio-Pharmaceutical did not have earnings to cover the interest expense.

* 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.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Taiwan Advance Bio-Pharmaceutical Inc interest coverage is 4.45, which is low.


Taiwan Advance Bio-Pharmaceutical Business Description

Traded in Other Exchanges
N/A
Address
12F., No.25, Ln. 169, Kangning Street, Xizhi Dist, New Taipei City, TWN, 22180
Taiwan Advance Bio-Pharmaceutical Inc operates in the food safety industry. The company's product includes Food safety test kit, Animal test kit, Pesticide test kit, Mycotoxin test kit, Nuleic acid extraction kit.

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