Far Eastern New Century (TPE:1402) Interest Expense : NT$-4,529 Mil (TTM As of Dec. 2024)

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What is Far Eastern New Century Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Far Eastern New Century's interest expense for the three months ended in Dec. 2024 was NT$ -1,216 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was NT$-4,529 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. Far Eastern New Century's Operating Income for the three months ended in Dec. 2024 was NT$ 4,649 Mil. Far Eastern New Century's Interest Expense for the three months ended in Dec. 2024 was NT$ -1,216 Mil. Far Eastern New Century's Interest Coverage for the quarter that ended in Dec. 2024 was 3.82. 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.

Far Eastern New Century Interest Expense Historical Data

The historical data trend for Far Eastern New Century'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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Far Eastern New Century Interest Expense Chart

Far Eastern New Century Annual Data

Trend

Dec15

Dec16

Dec17

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Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

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-2,939.26

-2,691.75

-3,340.02

-4,398.87

-4,529.41

Far Eastern New Century 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															-1,008.94	-1,079.85	-1,132.23	-1,100.96	-1,216.36

Far Eastern New Century 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$-4,529 Mil.

Far Eastern New Century (TPE:1402) 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.

Far Eastern New Century's Interest Expense for the three months ended in Dec. 2024 was NT$-1,216 Mil. Its Operating Income for the three months ended in Dec. 2024 was NT$4,649 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was NT$203,934 Mil.

Far Eastern New Century'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	*	4649.379	/	-1216.359
	=	3.82

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

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Far Eastern New Century Corp interest coverage is 3.89, which is low.

Far Eastern New Century Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Far Eastern New Century Corp (TPE:1402) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 207, Tun Hwa South Road, 36th Floor, Taipei Metro Tower, Section 2, Taipei, TWN

Website

https://www.fenc.com

Far Eastern New Century Corp is a Taiwan-based industrial holding company with operations that span Taiwan, China and overseas. The company is organized into a business that includes manufacturing and selling polyester materials and semi-finished and finished textiles such as cotton, synthetic or blended fabrics, towels and bed sheets, and woven and knitted garments; PET (polyethylene terephthalate) bottles and sheets; and natural, synthetic or blended yarns and polyester textured yarns. It also does yarn, silk and cloth printing and dyeing. Its operating segments include: Investments in production business, which derives key revenue; telecommunication services business; property development business; investment; and other business.

Far Eastern New Century Headlines

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