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Lien Hwa Industrial Holding (TPE:1229) Interest Expense : NT$-154 Mil (TTM As of Mar. 2024)


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What is Lien Hwa Industrial Holding Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Lien Hwa Industrial Holding's interest expense for the three months ended in Mar. 2024 was NT$ -52 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was NT$-154 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. Lien Hwa Industrial Holding's Operating Income for the three months ended in Mar. 2024 was NT$ 224 Mil. Lien Hwa Industrial Holding's Interest Expense for the three months ended in Mar. 2024 was NT$ -52 Mil. Lien Hwa Industrial Holding's Interest Coverage for the quarter that ended in Mar. 2024 was 4.29. 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.


Lien Hwa Industrial Holding Interest Expense Historical Data

The historical data trend for Lien Hwa Industrial Holding'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.

Lien Hwa Industrial Holding Interest Expense Chart

Lien Hwa Industrial Holding Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -32.29 -60.06 -65.64 -88.55 -147.19

Lien Hwa Industrial Holding Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
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 -47.47 -47.36 -50.37 -51.79 -52.27

Lien Hwa Industrial Holding 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$-154 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.


Lien Hwa Industrial Holding  (TPE:1229) 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.

Lien Hwa Industrial Holding's Interest Expense for the three months ended in Mar. 2024 was NT$-52 Mil. Its Operating Income for the three months ended in Mar. 2024 was NT$224 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was NT$3,651 Mil.

Lien Hwa Industrial Holding's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*224.461/-52.272
=4.29

* 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.


Lien Hwa Industrial Holding (TPE:1229) Business Description

Traded in Other Exchanges
N/A
Address
No. 44, Section 1, Chengde Road, 6th Floor, Datong District, Taipei, TWN
Lien Hwa Industrial Holding Corp is engaged in flour production and sale, real estate rental, integrated system service, automatic system, and other electronic businesses. The company has five reportable segments. The rental business provides real property rental and development services. The noodle business manufactures and sells all kinds of noodles and processed foods. The noodle business overseas is a noodles manufacturing and sale company. The system integration service business provides the system integration service, automatic system, applied software design, and sale of industrial computers. The administrative resource center is responsible for the management of domestic/foreign investment business.

Lien Hwa Industrial Holding (TPE:1229) Headlines

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