M31 Technology (ROCO:6643) Interest Expense : NT$-1 Mil (TTM As of Mar. 2024)

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What is M31 Technology Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. M31 Technology's interest expense for the three months ended in Mar. 2024 was NT$ -0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was NT$-1 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. M31 Technology's Operating Income for the three months ended in Mar. 2024 was NT$ 11 Mil. M31 Technology's Interest Expense for the three months ended in Mar. 2024 was NT$ -0 Mil. M31 Technology's Interest Coverage for the quarter that ended in Mar. 2024 was 50.07. 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.

M31 Technology Interest Expense Historical Data

The historical data trend for M31 Technology'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.

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M31 Technology Interest Expense Chart

M31 Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-0.34

-0.13

-1.93

-0.25

-0.34

M31 Technology Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-0.02	-0.02	-0.02	-0.29	-0.23

M31 Technology 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$-1 Mil.

M31 Technology (ROCO:6643) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

M31 Technology's Interest Expense for the three months ended in Mar. 2024 was NT$-0 Mil. Its Operating Income for the three months ended in Mar. 2024 was NT$11 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was NT$14 Mil.

M31 Technology's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	11.316	/	-0.226
	=	50.07

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. M31 Technology Corp has enough cash to cover all of its debt. Its financial situation is stable.

M31 Technology (ROCO:6643) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » M31 Technology Corp (ROCO:6643) » Definitions » Interest Expense

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Address

No.8, Taiyuan 2nd Street, 9th Floor, Hsinchu County, Zhubei, TWN, 302

Website

https://www.m31tech.com

M31 Technology Corp is a professional silicon intellectual property (IP) provider. It focuses on providing high-speed interface IPs, memory compilers and standard cell library solutions. The company provides customers with differentiated IP solutions. These solutions help customers grasp market opportunities in short design cycles, low manufacturing costs, and high product competitiveness. The company operates in Taiwan, the United States and China.

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