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Formosa Chemicals & Fibre (TPE:1326) Interest Expense : NT$-3,409 Mil (TTM As of Dec. 2024)


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What is Formosa Chemicals & Fibre Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Formosa Chemicals & Fibre's interest expense for the three months ended in Dec. 2024 was NT$ -858 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was NT$-3,409 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 Chemicals & Fibre's Operating Income for the three months ended in Dec. 2024 was NT$ -867 Mil. Formosa Chemicals & Fibre's Interest Expense for the three months ended in Dec. 2024 was NT$ -858 Mil. Formosa Chemicals & Fibre 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.


Formosa Chemicals & Fibre Interest Expense Historical Data

The historical data trend for Formosa Chemicals & Fibre'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 Chemicals & Fibre Interest Expense Chart

Formosa Chemicals & Fibre Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,293.89 -1,048.05 -1,797.64 -3,019.05 -3,409.16

Formosa Chemicals & Fibre Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -804.56 -780.22 -883.37 -887.27 -858.31

Formosa Chemicals & Fibre 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$-3,409 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 Chemicals & Fibre  (TPE:1326) 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 Chemicals & Fibre's Interest Expense for the three months ended in Dec. 2024 was NT$-858 Mil. Its Operating Income for the three months ended in Dec. 2024 was NT$-867 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was NT$54,206 Mil.

Formosa Chemicals & Fibre's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Formosa Chemicals & Fibre 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.


Formosa Chemicals & Fibre Business Description

Traded in Other Exchanges
N/A
Address
Tung Hwa North Road, 2nd Floor, 201, Taipei, TWN, 105
Formosa Chemicals & Fibre Corp businesses are production and sales of petrochemical products, including PTA, PS, AN, Butadiene, SM polymer, SM, benzene, toluene, pxylene (PX) and o-xylene (OX), as well as nylon fiber, and rayon staple fiber. The Company is also engaged in spinning, weaving, dyeing and finishing.

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