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U-Best Innovative Technology Co (ROCO:4714) Interest Expense : NT$-31.9 Mil (TTM As of Sep. 2024)


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What is U-Best Innovative Technology Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. U-Best Innovative Technology Co's interest expense for the three months ended in Sep. 2024 was NT$ -9.8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was NT$-31.9 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. U-Best Innovative Technology Co's Operating Income for the three months ended in Sep. 2024 was NT$ -17.9 Mil. U-Best Innovative Technology Co's Interest Expense for the three months ended in Sep. 2024 was NT$ -9.8 Mil. U-Best Innovative Technology 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.


U-Best Innovative Technology Co Interest Expense Historical Data

The historical data trend for U-Best Innovative 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.

U-Best Innovative Technology Co Interest Expense Chart

U-Best Innovative 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 -9.48 -4.96 -6.78 -21.35 -33.90

U-Best Innovative Technology Co 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 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 -8.08 -9.54 -7.19 -5.31 -9.85

U-Best Innovative 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$-31.9 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.


U-Best Innovative Technology Co  (ROCO:4714) 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.

U-Best Innovative Technology Co's Interest Expense for the three months ended in Sep. 2024 was NT$-9.8 Mil. Its Operating Income for the three months ended in Sep. 2024 was NT$-17.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was NT$150.6 Mil.

U-Best Innovative Technology Co's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

U-Best Innovative Technology 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.


U-Best Innovative Technology Co Business Description

Traded in Other Exchanges
N/A
Address
Number 258-26, Anding, Anjia Village, Anding District, Tainan, TWN
U-Best Innovative Technology Co Ltd is a Taiwan-based company engaged in manufacturing and trading polymer chemical raw materials and synthetic leather, plastic leather, and flocked fabric; development, leasing, and sale of residential and office buildings; breeding of livestock; and trading of commodities. The products of the company's polymer chemical raw materials include polyurethane resins, adhesives, surface treatment agents, and solvents.

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