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Shihlin Electric & Engineering (TPE:1503) Interest Expense : NT$-35 Mil (TTM As of Mar. 2024)


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What is Shihlin Electric & Engineering Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Shihlin Electric & Engineering's interest expense for the three months ended in Mar. 2024 was NT$ -5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was NT$-35 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. Shihlin Electric & Engineering's Operating Income for the three months ended in Mar. 2024 was NT$ 963 Mil. Shihlin Electric & Engineering's Interest Expense for the three months ended in Mar. 2024 was NT$ -5 Mil. Shihlin Electric & Engineering's Interest Coverage for the quarter that ended in Mar. 2024 was 185.99. 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.


Shihlin Electric & Engineering Interest Expense Historical Data

The historical data trend for Shihlin Electric & Engineering'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.

Shihlin Electric & Engineering Interest Expense Chart

Shihlin Electric & Engineering 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 -50.13 -35.81 -25.15 -35.83 -43.76

Shihlin Electric & Engineering 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 -14.35 -12.50 -10.32 -6.59 -5.18

Shihlin Electric & Engineering 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$-35 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.


Shihlin Electric & Engineering  (TPE:1503) 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.

Shihlin Electric & Engineering's Interest Expense for the three months ended in Mar. 2024 was NT$-5 Mil. Its Operating Income for the three months ended in Mar. 2024 was NT$963 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was NT$3 Mil.

Shihlin Electric & Engineering'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*963.075/-5.178
=185.99

* 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Shihlin Electric & Engineering Corp has enough cash to cover all of its debt. Its financial situation is stable.


Shihlin Electric & Engineering (TPE:1503) Business Description

Traded in Other Exchanges
N/A
Address
No. 88, Zhongshan North Road, Section 6, 16th Floor, Taipei, TWN, 111
Shihlin Electric & Engineering Corp is a Taiwan-based company The Group is engaged in the manufacture of heavy electrical equipment and machinery and automotive electrical equipment, devices, and related parts The company's product portfolio is categorized into five groups: automobile equipment systems, breaker switchgear and systems, heavy electric systems, and factory automation and system engineering products. The company operates production facilities in Taiwan, mainland China, and Vietnam.

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