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Basso Industry (TPE:1527) Interest Expense : NT$0 Mil (TTM As of Sep. 2024)


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What is Basso Industry Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Basso Industry's interest expense for the three months ended in Sep. 2024 was NT$ 0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was NT$0 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. Basso Industry's Operating Income for the three months ended in Sep. 2024 was NT$ 121 Mil. Basso Industry's Interest Expense for the three months ended in Sep. 2024 was NT$ 0 Mil. Basso Industry has no long-term debt (1). 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Basso Industry Interest Expense Historical Data

The historical data trend for Basso Industry'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.

Basso Industry Interest Expense Chart

Basso Industry 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 -78.03 - - - -

Basso Industry Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - - - - -

Basso Industry 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$0 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.

Basso Industry  (TPE:1527) 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.

Basso Industry's Interest Expense for the three months ended in Sep. 2024 was NT$0 Mil. Its Operating Income for the three months ended in Sep. 2024 was NT$121 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was NT$0 Mil.

Basso Industry's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Basso Industry had no long-term debt (1).

* 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. Basso Industry Corp has enough cash to cover all of its debt. Its financial situation is stable.

Basso Industry Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Basso Industry Corp (TPE:1527) » Definitions » Interest Expense
Comparable Companies
ROCO:4163 TPE:3004 TPE:8021 TPE:4571 ROCO:3178 ROCO:2066 ROCO:2065 TPE:4540 ROCO:6234 ROCO:2063 HKSE:00669 SNA SWK LECO TTC OSTO:SKF B TSE:6586 RBC TKR TSE:9962
Traded in Other Exchanges
N/A
Address
No. 24, 36th Road, Taichung Industrial Park, Taichung, TWN, 40768
Website
https://www.basso.com.tw
Basso Industry Corp is a manufacturer of pneumatic fastening tools. The company produces air nailers, air impact wrenches, air ratchet wrenches, air saws, air hammers, air sanders, air drills and screwdrivers, gas nailers, air grinders, and air carton closers. Basso also offers Original Equipment Manufacturing services including design, molding and casting, machining, polishing, painting, and plastic injection services. It has one reportable segment, the pneumatic hand tool. This segment is mainly involved in manufacturing and selling nail machines and pneumatic tools, providing products, and managing relevant skills.

Basso Industry Headlines

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