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JG Environmental Technology Co (ROCO:6723) Interest Expense : NT$-5.5 Mil (TTM As of Dec. 2023)


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What is JG Environmental Technology Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. JG Environmental Technology Co's interest expense for the six months ended in Dec. 2023 was NT$ -3.3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was NT$-5.5 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. JG Environmental Technology Co's Operating Income for the six months ended in Dec. 2023 was NT$ 16.2 Mil. JG Environmental Technology Co's Interest Expense for the six months ended in Dec. 2023 was NT$ -3.3 Mil. JG Environmental Technology Co's Interest Coverage for the quarter that ended in Dec. 2023 was 5.00. 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.


JG Environmental Technology Co Interest Expense Historical Data

The historical data trend for JG Environmental Technology 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.

JG Environmental Technology Co Interest Expense Chart

JG Environmental Technology Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only -2.81 -2.35 -2.31 -3.10 -5.48

JG Environmental Technology Co Semi-Annual Data
Dec15 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 -1.30 -1.51 -1.59 -2.23 -3.25

JG Environmental Technology 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$-5.5 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.


JG Environmental Technology Co  (ROCO:6723) 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.

JG Environmental Technology Co's Interest Expense for the six months ended in Dec. 2023 was NT$-3.3 Mil. Its Operating Income for the six months ended in Dec. 2023 was NT$16.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was NT$52.8 Mil.

JG Environmental Technology Co's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*16.245/-3.25
=5.00

* 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.


JG Environmental Technology Co (ROCO:6723) Business Description

Traded in Other Exchanges
N/A
Address
Lane 461, Zhongfeng Road, 10th Floor, No. 180, Longtan District, Taoyuan City, TWN
JG Environmental Technology Co is engaged in designing, manufacturing and installation of air pollution and energy recovery equipment and systems. The company's products include ESCO environmental protection system and equipment, Gaseous pollutant purification and deodorization equipment, Acid gas and particle removal equipment, and VOCs exhaust gas treatment system among others.

JG Environmental Technology Co (ROCO:6723) Headlines

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