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Formosa Oilseed Processing Co (TPE:1225) Interest Expense : NT$-70 Mil (TTM As of Sep. 2024)


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What is Formosa Oilseed Processing Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Formosa Oilseed Processing Co's interest expense for the three months ended in Sep. 2024 was NT$ -18 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was NT$-70 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. Formosa Oilseed Processing Co's Operating Income for the three months ended in Sep. 2024 was NT$ 99 Mil. Formosa Oilseed Processing Co's Interest Expense for the three months ended in Sep. 2024 was NT$ -18 Mil. Formosa Oilseed Processing Co's Interest Coverage for the quarter that ended in Sep. 2024 was 5.60. 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.

Formosa Oilseed Processing Co Interest Expense Historical Data

The historical data trend for Formosa Oilseed Processing 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.

Formosa Oilseed Processing Co Interest Expense Chart

Formosa Oilseed Processing Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -34.98 -28.69 -25.34 -54.90 -74.75

Formosa Oilseed Processing Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -17.30 -18.38 -17.39 -16.60 -17.74

Formosa Oilseed Processing 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$-70 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.

Formosa Oilseed Processing Co  (TPE:1225) 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.

Formosa Oilseed Processing Co's Interest Expense for the three months ended in Sep. 2024 was NT$-18 Mil. Its Operating Income for the three months ended in Sep. 2024 was NT$99 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was NT$1,110 Mil.

Formosa Oilseed Processing Co's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*99.384/-17.736
=5.60

* 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.

Formosa Oilseed Processing Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Formosa Oilseed Processing Co Ltd (TPE:1225) » Definitions » Interest Expense
Comparable Companies
ROCO:1264 ROCO:7780 TPE:1702 TPE:1218 TPE:1201 TPE:1203 ROCO:4205 TPE:1217 TPE:1219 ROCO:1271 XSWX:NESN XPAR:BN KHC GIS SHSE:603288 K NSE:NESTLEIND SHSE:600887 SZSE:300999 MKC
Traded in Other Exchanges
N/A
Address
No. 453, Section 1, Shatian Road, Dadu District, Taichung, TWN
Website
https://www.fopco.com.tw
Formosa Oilseed Processing Co Ltd is a company principally engaged in the manufacturing and distribution of oil products and feedstuff. Its businesses include the manufacturing and the selling of soybean oil, soy flour, flour, oatmeal, corn, pet food, and import and export transactions. Its feedstuff products include soybean powder, wheat powder, wheat bran, barley, and mixed feedstuff, among others. The company no longer engages in the production of flour.

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