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Tainet Communication System (ROCO:4905) Interest Expense : NT$-17.5 Mil (TTM As of Sep. 2024)


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What is Tainet Communication System Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Tainet Communication System's interest expense for the three months ended in Sep. 2024 was NT$ -5.7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was NT$-17.5 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. Tainet Communication System's Operating Income for the three months ended in Sep. 2024 was NT$ 10.0 Mil. Tainet Communication System's Interest Expense for the three months ended in Sep. 2024 was NT$ -5.7 Mil. Tainet Communication System's Interest Coverage for the quarter that ended in Sep. 2024 was 1.75. 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.

Tainet Communication System Interest Expense Historical Data

The historical data trend for Tainet Communication System'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.

Tainet Communication System Interest Expense Chart

Tainet Communication System 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 -0.07 -0.04 -0.05 -0.04 -9.15

Tainet Communication System 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 -3.61 -3.57 -3.91 -4.25 -5.74

Tainet Communication System 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$-17.5 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.

Tainet Communication System  (ROCO:4905) 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.

Tainet Communication System's Interest Expense for the three months ended in Sep. 2024 was NT$-5.7 Mil. Its Operating Income for the three months ended in Sep. 2024 was NT$10.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was NT$155.9 Mil.

Tainet Communication System's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*10.025/-5.743
=1.75

* 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.

Tainet Communication System Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Tainet Communication System Corp (ROCO:4905) » Definitions » Interest Expense
Comparable Companies
TPE:3419 ROCO:6638 TPE:6674 ROCO:6470 ROCO:6530 ROCO:3466 ROCO:4980 TPE:6152 ROCO:8059 ROCO:3664 CSCO MSI SHSE:601138 HPE OHEL:NOKIA SZSE:000063 SHSE:688036 OSTO:ERIC B ZBRA TPE:2345
Traded in Other Exchanges
N/A
Address
No.108, Ruiguang Road, 3 floor, Huyuan Li, Neihu District, Taipei, TWN, 114
Website
http://www.tainet.net
Tainet Communication System Corp is a manufacturer of digital transmission and switching equipment, data terminal equipment, line interface equipment (including telemetry devices), communication and traffic. Manufacturing, processing, trading and installation engineering business of replacement equipment, programmable power supplies, etc.

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