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Chung-Hsin Electric & Machinery Mfg (TPE:1513) Interest Expense : NT$-252 Mil (TTM As of Mar. 2024)


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What is Chung-Hsin Electric & Machinery Mfg Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Chung-Hsin Electric & Machinery Mfg's interest expense for the three months ended in Mar. 2024 was NT$ -54 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was NT$-252 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. Chung-Hsin Electric & Machinery Mfg's Operating Income for the three months ended in Mar. 2024 was NT$ 1,228 Mil. Chung-Hsin Electric & Machinery Mfg's Interest Expense for the three months ended in Mar. 2024 was NT$ -54 Mil. Chung-Hsin Electric & Machinery Mfg's Interest Coverage for the quarter that ended in Mar. 2024 was 22.93. 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.

Chung-Hsin Electric & Machinery Mfg Interest Expense Historical Data

The historical data trend for Chung-Hsin Electric & Machinery Mfg'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.

Chung-Hsin Electric & Machinery Mfg Interest Expense Chart

Chung-Hsin Electric & Machinery Mfg 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 -53.32 -74.58 -86.95 -235.92 -267.55

Chung-Hsin Electric & Machinery Mfg 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 -69.05 -63.25 -70.51 -64.75 -53.54

Chung-Hsin Electric & Machinery Mfg 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$-252 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.

Chung-Hsin Electric & Machinery Mfg  (TPE:1513) 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.

Chung-Hsin Electric & Machinery Mfg's Interest Expense for the three months ended in Mar. 2024 was NT$-54 Mil. Its Operating Income for the three months ended in Mar. 2024 was NT$1,228 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was NT$11,566 Mil.

Chung-Hsin Electric & Machinery Mfg'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*1227.875/-53.538
=22.93

* 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.

Chung-Hsin Electric & Machinery Mfg (TPE:1513) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Chung-Hsin Electric & Machinery Mfg Corp (TPE:1513) » Definitions » Interest Expense
Comparable Companies
TPE:1560 TPE:2421 TPE:8996 TPE:4583 ROCO:4506 ROCO:6125 TPE:2476 ROCO:6187 TPE:4532 ROCO:6664 GE XTER:SIE XPAR:SU ETN XKRX:373220 ITW OSTO:ATCO A EMR PH AME
Traded in Other Exchanges
N/A
Address
No. 25, Wen-Te Road, Lo Shan Tsun, Guishan District, Taoyuan, TWN, 33383
Website
https://www.chem.com.tw
Chung-Hsin Electric & Machinery Mfg Corp is a manufacturer of power generation machinery and equipment and its related parts, air-conditioners, dehumidifiers, and meters. The company's products include chillers, generator sets, high voltage circuit breakers, smart grid electric power automation equipment, customized fuel cell systems, methanol reformers, handheld document terminals, industrial computers and parking facilities, among others. Its operating segments include Electricity Power; Service and Engineering and other. The company generates maximum revenue from the Electricity Power segment.

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