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Zig Sheng Industrial Co (TPE:1455) Interest Expense : NT$-28 Mil (TTM As of Mar. 2024)


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What is Zig Sheng Industrial Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Zig Sheng Industrial Co's interest expense for the three months ended in Mar. 2024 was NT$ -2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was NT$-28 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. Zig Sheng Industrial Co's Operating Income for the three months ended in Mar. 2024 was NT$ -15 Mil. Zig Sheng Industrial Co's Interest Expense for the three months ended in Mar. 2024 was NT$ -2 Mil. Zig Sheng Industrial 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.


Zig Sheng Industrial Co Interest Expense Historical Data

The historical data trend for Zig Sheng Industrial 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.

Zig Sheng Industrial Co Interest Expense Chart

Zig Sheng Industrial 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 -12.77 -11.60 -19.15 -9.45 -36.55

Zig Sheng Industrial Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 -10.27 -7.75 -5.31 -13.22 -2.20

Zig Sheng Industrial 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$-28 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.


Zig Sheng Industrial Co  (TPE:1455) 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.

Zig Sheng Industrial Co's Interest Expense for the three months ended in Mar. 2024 was NT$-2 Mil. Its Operating Income for the three months ended in Mar. 2024 was NT$-15 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was NT$986 Mil.

Zig Sheng Industrial Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Zig Sheng Industrial Co 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.


Zig Sheng Industrial Co (TPE:1455) Business Description

Traded in Other Exchanges
N/A
Address
No. 70, Sining North Road, 2nd Floor, Datong District, Taipei, TWN
Zig Sheng Industrial Co Ltd is a Taiwan-based company principally engaged in spinning, weaving, dyeing/finishing, printing, processing, and trading of various filament, artificial cotton and nylon. It offers Textured yarns, Polyester yarn Nylon filaments, and Nylon chips products. The textured yarns products include function yarns, high stretch yarns, nylon yarns, multifilament and fancy yarns, among others. Its nylon filament products include fine filament yarns, polyester pre-oriented yarns, oxford yarns and industrial yarns. The nylon chips products include spinning grade nylon chips and engineering plastic grade nylon chip.

Zig Sheng Industrial Co (TPE:1455) Headlines

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