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E-Elements Technology Co (ROCO:6842) Interest Expense : NT$-2.3 Mil (TTM As of Dec. 2023)


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What is E-Elements Technology Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. E-Elements Technology Co's interest expense for the six months ended in Dec. 2023 was NT$ -1.4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was NT$-2.3 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. E-Elements Technology Co's Operating Income for the six months ended in Dec. 2023 was NT$ -20.7 Mil. E-Elements Technology Co's Interest Expense for the six months ended in Dec. 2023 was NT$ -1.4 Mil. E-Elements Technology Co did not have earnings to cover the interest expense. 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.


E-Elements Technology Co Interest Expense Historical Data

The historical data trend for E-Elements 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.

E-Elements Technology Co Interest Expense Chart

E-Elements Technology Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -2.74 -2.09 -1.18 -1.55 -2.29

E-Elements Technology Co Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.47 -0.67 -0.88 -0.90 -1.40

E-Elements 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$-2.3 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.


E-Elements Technology Co  (ROCO:6842) 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.

E-Elements Technology Co's Interest Expense for the six months ended in Dec. 2023 was NT$-1.4 Mil. Its Operating Income for the six months ended in Dec. 2023 was NT$-20.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was NT$16.4 Mil.

E-Elements Technology Co's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

E-Elements Technology Co did not have earnings to cover the interest expense.

* 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.


E-Elements Technology Co (ROCO:6842) Business Description

Traded in Other Exchanges
N/A
Address
Ruiguang Road, No.61, Lane 76, Neihu District, Taipei, TWN
E-Elements Technology Co Ltd is engaged in the advanced field programmable gate array system design, training, technological consultation services, and supplying laboratory equipment of universities. The company aims at establishing long-term strategic partnership with programmable logic device/ system on chip manufacturers to offer design services to customers with high-tech and competitive solutions and cooperate with universities, research institutes and enterprises on new technology popularization.

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