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Forg Innovation Co (ROCO:4712) Interest Expense : NT$-0.07 Mil (TTM As of Mar. 2024)


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What is Forg Innovation Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Forg Innovation Co's interest expense for the three months ended in Mar. 2024 was NT$ -0.05 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was NT$-0.07 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. Forg Innovation Co's Operating Income for the three months ended in Mar. 2024 was NT$ -4.01 Mil. Forg Innovation Co's Interest Expense for the three months ended in Mar. 2024 was NT$ -0.05 Mil. Forg Innovation Co 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.


Forg Innovation Co Interest Expense Historical Data

The historical data trend for Forg Innovation 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.

Forg Innovation Co Interest Expense Chart

Forg Innovation Co Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -0.21 -1.98 -0.65 -0.40

Forg Innovation Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Mar23 Jun23 Sep23 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 -0.08 -0.05 -0.01 -0.01 -0.05

Forg Innovation 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$-0.07 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.


Forg Innovation Co  (ROCO:4712) 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.

Forg Innovation Co's Interest Expense for the three months ended in Mar. 2024 was NT$-0.05 Mil. Its Operating Income for the three months ended in Mar. 2024 was NT$-4.01 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was NT$0.00 Mil.

Forg Innovation Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Forg Innovation Co 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.


Forg Innovation Co (ROCO:4712) Business Description

Traded in Other Exchanges
N/A
Address
23 Floor, No. 1086, Zhongzheng Road, Taoyuan District, Taoyuan City, TWN
Forg Innovation Co Ltd Formerly Forkluck Innovation Co Ltd is engaged in the wholesale of aquatic products. The company's products include grouper, eels, sweetfish, king crabs, East Asian four-finger threadfin, and others.

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