GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » StrongLED Lighting System (Cayman) Co Ltd (ROCO:5281) » Definitions » Interest Expense

StrongLED Lighting System (Cayman) Co (ROCO:5281) Interest Expense : NT$-3.2 Mil (TTM As of Jun. 2023)


View and export this data going back to 2016. Start your Free Trial

What is StrongLED Lighting System (Cayman) Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. StrongLED Lighting System (Cayman) Co's interest expense for the three months ended in Jun. 2023 was NT$ -0.9 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was NT$-3.2 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. StrongLED Lighting System (Cayman) Co's Operating Income for the three months ended in Jun. 2023 was NT$ -25.9 Mil. StrongLED Lighting System (Cayman) Co's Interest Expense for the three months ended in Jun. 2023 was NT$ -0.9 Mil. StrongLED Lighting System (Cayman) 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.

StrongLED Lighting System (Cayman) Co Interest Expense Historical Data

The historical data trend for StrongLED Lighting System (Cayman) 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.

StrongLED Lighting System (Cayman) Co Interest Expense Chart

StrongLED Lighting System (Cayman) Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Interest Expense
Get a 7-Day Free Trial Premium Member Only -19.00 -12.32 -10.49 -0.49 -2.95

StrongLED Lighting System (Cayman) Co Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 -0.89 -0.55 -0.83 -0.86 -0.93

StrongLED Lighting System (Cayman) 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 Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$-3.2 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.

StrongLED Lighting System (Cayman) Co  (ROCO:5281) 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.

StrongLED Lighting System (Cayman) Co's Interest Expense for the three months ended in Jun. 2023 was NT$-0.9 Mil. Its Operating Income for the three months ended in Jun. 2023 was NT$-25.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2023 was NT$1.8 Mil.

StrongLED Lighting System (Cayman) Co's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

StrongLED Lighting System (Cayman) 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.

StrongLED Lighting System (Cayman) Co (ROCO:5281) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » StrongLED Lighting System (Cayman) Co Ltd (ROCO:5281) » Definitions » Interest Expense
Comparable Companies
ROCO:5277 ROCO:2061 TPE:3432 ROCO:6648 ROCO:3516 ROCO:6109 ROCO:3603 ROCO:6559 ROCO:8115 TPE:6164 SZSE:300750 XSWX:ABBN BKK:DELTA TSE:6503 XPAR:LR SZSE:300124 SZSE:300274 XKRX:247540 HUBB VRT
Traded in Other Exchanges
N/A
Address
Shizheng N. 7th Road, 24-5, No. 186, Xitun District, Taichung, TWN, 407
Website
http://www.strongled.net
StrongLED Lighting System (Cayman) Co Ltd operates in the LED lighting systems industry. The company is engaged in manufacturing of LED lighting equipment, integrated control systems and related software. Its product offering includes outdoor LED lighting, lighting control system and software, indoor LED lighting, and LED power supply, LED intelligent control system.

StrongLED Lighting System (Cayman) Co (ROCO:5281) Headlines

No Headlines