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Mega Union Technology (ROCO:6944) Interest Expense : NT$-6 Mil (TTM As of Dec. 2024)


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What is Mega Union Technology Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Mega Union Technology's interest expense for the three months ended in Dec. 2024 was NT$ -3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was NT$-6 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. Mega Union Technology's Operating Income for the three months ended in Dec. 2024 was NT$ 599 Mil. Mega Union Technology's Interest Expense for the three months ended in Dec. 2024 was NT$ -3 Mil. Mega Union Technology's Interest Coverage for the quarter that ended in Dec. 2024 was 199.64. 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.


Mega Union Technology Interest Expense Historical Data

The historical data trend for Mega Union 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.

Mega Union Technology Interest Expense Chart

Mega Union Technology Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
-47.97 -55.90 -64.23 -25.91 -11.18

Mega Union Technology Quarterly Data
Dec20 Dec21 Dec22 Jun23 Sep23 Dec23 Jun24 Sep24 Dec24
Interest Expense Get a 7-Day Free Trial Premium Member Only -2.34 -3.55 - -2.77 -3.00

Mega Union 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$-6 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.


Mega Union Technology  (ROCO:6944) 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.

Mega Union Technology's Interest Expense for the three months ended in Dec. 2024 was NT$-3 Mil. Its Operating Income for the three months ended in Dec. 2024 was NT$599 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was NT$441 Mil.

Mega Union Technology'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*599.129/-3.001
=199.64

* 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Mega Union Technology Inc has enough cash to cover all of its debt. Its financial situation is stable.


Mega Union Technology Business Description

Traded in Other Exchanges
N/A
Address
No.439-3, Taoying Road, 1st Floor, Taoyuan County, Taoyuan City, TWN
Mega Union Technology Inc develops various wastewater treatment technology. It focuses on water recovery and recycling, prolonging the cycle life of water, and reducing the depletion of water resources. Its offers Seawater desalination/general industrial water/ultrapure water production systems; Wastewater Treatment Systems / Recycled Water Treatment Systems; and Chemical Recycling Manufacturing Systems.

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