GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » inergy Technology Inc (ROCO:6693) » Definitions » Interest Expense

inergy Technology (ROCO:6693) Interest Expense : NT$-4.1 Mil (TTM As of Mar. 2024)


View and export this data going back to 2018. Start your Free Trial

What is inergy Technology Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. inergy Technology's interest expense for the three months ended in Mar. 2024 was NT$ -1.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was NT$-4.1 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. inergy Technology's Operating Income for the three months ended in Mar. 2024 was NT$ 18.0 Mil. inergy Technology's Interest Expense for the three months ended in Mar. 2024 was NT$ -1.1 Mil. inergy Technology's Interest Coverage for the quarter that ended in Mar. 2024 was 16.39. 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.


inergy Technology Interest Expense Historical Data

The historical data trend for inergy 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.

* Premium members only.

inergy Technology Interest Expense Chart

inergy Technology Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only -1.78 -2.15 -4.81 -3.79 -4.04

inergy Technology Quarterly Data
Jun18 Dec18 Jun19 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -1.00 -1.03 -1.01 -1.00 -1.10

inergy 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$-4.1 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.


inergy Technology  (ROCO:6693) 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.

inergy Technology's Interest Expense for the three months ended in Mar. 2024 was NT$-1.1 Mil. Its Operating Income for the three months ended in Mar. 2024 was NT$18.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was NT$178.9 Mil.

inergy 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*17.999/-1.098
=16.39

* 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.


inergy Technology (ROCO:6693) Business Description

Traded in Other Exchanges
N/A
Address
No. 8, Taiyuan 2nd Street, 3rd Floor, 8th Floor, Zhubei, TWN, 302
inergy Technology Inc is a Taiwan-based company engaged in product designing, wholesale and retail sales of electrical appliances, and wholesale and retail sales of electronic materials and international trade.

inergy Technology (ROCO:6693) Headlines

No Headlines