ION Electronic Materials Co (ROCO:6959) Interest Expense : NT$-5.2 Mil (TTM As of Dec. 2023)

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What is ION Electronic Materials Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. ION Electronic Materials Co's interest expense for the six months ended in Dec. 2023 was NT$ -2.2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was NT$-5.2 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. ION Electronic Materials Co's Operating Income for the six months ended in Dec. 2023 was NT$ -0.8 Mil. ION Electronic Materials Co's Interest Expense for the six months ended in Dec. 2023 was NT$ -2.2 Mil. ION Electronic Materials 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.

ION Electronic Materials Co Interest Expense Historical Data

The historical data trend for ION Electronic Materials 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.

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ION Electronic Materials Co Interest Expense Chart

ION Electronic Materials Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

-0.66

-0.91

-3.49

-5.20

ION Electronic Materials Co Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial			-	-1.52	-1.97	-2.95	-2.25

ION Electronic Materials 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$-5.2 Mil.

ION Electronic Materials Co (ROCO:6959) 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.

ION Electronic Materials Co's Interest Expense for the six months ended in Dec. 2023 was NT$-2.2 Mil. Its Operating Income for the six months ended in Dec. 2023 was NT$-0.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was NT$80.7 Mil.

ION Electronic Materials Co's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

ION Electronic Materials Co did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's financial strength is.

ION Electronic Materials Co (ROCO:6959) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » ION Electronic Materials Co Ltd (ROCO:6959) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 195, Xiangxi Road, Hukou Township, Hsinchu, TWN, 303103

Website

https://www.iemc.co/tw

ION Electronic Materials Co Ltd focuses on special materials for the electronics industry and provides local services, With development capabilities and multi-national patents, it looks forward to contributing to Taiwan's technology industry. Its main products are advanced semiconductor materials. It has negative pressure steel cylinder production technology and localized production advantages. It has passed ISO 9001 certification and is a supplier partner of major semiconductor factories.

ION Electronic Materials Co (ROCO:6959) Headlines

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