Tainan Spinning Co (TPE:1440) Interest Expense : NT$-389 Mil (TTM As of Jun. 2024)

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What is Tainan Spinning Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Tainan Spinning Co's interest expense for the three months ended in Jun. 2024 was NT$ -108 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was NT$-389 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. Tainan Spinning Co's Operating Income for the three months ended in Jun. 2024 was NT$ -102 Mil. Tainan Spinning Co's Interest Expense for the three months ended in Jun. 2024 was NT$ -108 Mil. Tainan Spinning 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.

Tainan Spinning Co Interest Expense Historical Data

The historical data trend for Tainan Spinning 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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Tainan Spinning Co Interest Expense Chart

Tainan Spinning Co Annual Data

Trend

Dec14

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Dec19

Dec20

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Dec22

Dec23

Interest Expense

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-214.93

-175.09

-158.51

-213.84

-373.72

Tainan Spinning Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Interest Expense	Get a 7-Day Free Trial															-99.30	-90.16	-95.42	-95.52	-107.66

Tainan Spinning 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$-389 Mil.

Tainan Spinning Co (TPE:1440) 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.

Tainan Spinning Co's Interest Expense for the three months ended in Jun. 2024 was NT$-108 Mil. Its Operating Income for the three months ended in Jun. 2024 was NT$-102 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was NT$5,002 Mil.

Tainan Spinning Co's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Tainan Spinning Co did not have earnings to cover the interest expense.

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

Tainan Spinning Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Tainan Spinning Co Ltd (TPE:1440) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

No. 398, , Zhonghua East Road, 10th Floor, Section 1, East District, Tainan, TWN, 701

Website

https://www.tainanspin.com.tw

Tainan Spinning Co Ltd is a Taiwan-based company that is principally engaged in the manufacturing, processing, and sales of textile products. The company's products include yarn, polyester, polyester filament, pet granules (spinning), pet granules (bottle), processed yarn, and others. The company also operates a real estate business. The company generates the majority of its total revenue from textile products.

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