GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » FarGlory Life Insurance Co Ltd (ROCO:5859) » Definitions » Interest Expense

FarGlory Life Insurance Co (ROCO:5859) Interest Expense : NT$-5 Mil (TTM As of Dec. 2023)


View and export this data going back to 2015. Start your Free Trial

What is FarGlory Life Insurance Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. FarGlory Life Insurance Co's interest expense for the six months ended in Dec. 2023 was NT$ -3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was NT$-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. FarGlory Life Insurance Co's Operating Income for the six months ended in Dec. 2023 was NT$ 795 Mil. FarGlory Life Insurance Co's Interest Expense for the six months ended in Dec. 2023 was NT$ -3 Mil. FarGlory Life Insurance Co's Interest Coverage for the quarter that ended in Dec. 2023 was 255.19. 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.


FarGlory Life Insurance Co Interest Expense Historical Data

The historical data trend for FarGlory Life Insurance 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.

FarGlory Life Insurance Co Interest Expense Chart

FarGlory Life Insurance 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 -3.65 -4.65 -6.58 -5.32 -5.27

FarGlory Life Insurance Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 -3.14 -2.93 -2.38 -2.16 -3.12

FarGlory Life Insurance 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was NT$-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.


FarGlory Life Insurance Co  (ROCO:5859) 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.

FarGlory Life Insurance Co's Interest Expense for the six months ended in Dec. 2023 was NT$-3 Mil. Its EBIT for the six months ended in Dec. 2023 was NT$795 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was NT$243 Mil.

FarGlory Life Insurance Co's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage=-1* EBIT (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*795.176/-3.116
=255.19

* 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. FarGlory Life Insurance Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.


FarGlory Life Insurance Co (ROCO:5859) Business Description

Traded in Other Exchanges
N/A
Address
No.1, Songgao Road, 28th Floor, Taipei, TWN
FarGlory Life Insurance Co Ltd is a Taiwan based life insurance company. The company offers products including personal life insurance, personal health insurance, personal accident insurance, annuity insurance, group insurance and investment-type insurance.

FarGlory Life Insurance Co (ROCO:5859) Headlines

No Headlines