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Grand Fortune Securities Co (ROCO:6026) Interest Expense : NT$-72 Mil (TTM As of Dec. 2024)


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What is Grand Fortune Securities Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Grand Fortune Securities Co's interest expense for the three months ended in Dec. 2024 was NT$ -18 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was NT$-72 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. Grand Fortune Securities Co's Operating Income for the three months ended in Dec. 2024 was NT$ 134 Mil. Grand Fortune Securities Co's Interest Expense for the three months ended in Dec. 2024 was NT$ -18 Mil. Grand Fortune Securities Co's Interest Coverage for the quarter that ended in Dec. 2024 was 7.37. 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.

Grand Fortune Securities Co Interest Expense Historical Data

The historical data trend for Grand Fortune Securities 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.

Grand Fortune Securities Co Interest Expense Chart

Grand Fortune Securities Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.88 -8.57 -45.89 -63.81 -71.51

Grand Fortune Securities Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -16.29 -16.90 -17.87 -18.54 -18.20

Grand Fortune Securities 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$-72 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.

Grand Fortune Securities Co  (ROCO:6026) 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.

Grand Fortune Securities Co's Interest Expense for the three months ended in Dec. 2024 was NT$-18 Mil. Its Operating Income for the three months ended in Dec. 2024 was NT$134 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was NT$7 Mil.

Grand Fortune Securities Co's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*134.175/-18.203
=7.37

* 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.

Grand Fortune Securities Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Grand Fortune Securities Co Ltd (ROCO:6026) » Definitions » Interest Expense
Comparable Companies
ROCO:6020 ROCO:5864 ROCO:7738 ROCO:6015 ROCO:3158 ROCO:6021 ROCO:6016 ROCO:6027 TPE:6024 TPE:2820 MS GS SCHW SHSE:600030 ASX:MQG SHSE:601211 HOOD BSP:BPAC3 TW LPLA
Traded in Other Exchanges
N/A
Address
Chongxiao West Road, 5th, 6th, 7th floor, No. 6, Section 1, Zhongzheng District, Taipei, TWN
Website
https://www.gfortune.com.tw
Grand Fortune Securities Co Ltd is a Taiwan-based integrated securities house, that runs businesses of the underwriting of marketable securities, proprietary trading, brokerage of marketable securities, stock registrar, and other securities-related businesses approved by the regulators.

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