Kinik Co (TPE:1560) Interest Expense : NT$-44 Mil (TTM As of Dec. 2024)

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What is Kinik Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Kinik Co's interest expense for the three months ended in Dec. 2024 was NT$ -10 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was NT$-44 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. Kinik Co's Operating Income for the three months ended in Dec. 2024 was NT$ 295 Mil. Kinik Co's Interest Expense for the three months ended in Dec. 2024 was NT$ -10 Mil. Kinik Co's Interest Coverage for the quarter that ended in Dec. 2024 was 28.11. 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.

Kinik Co Interest Expense Historical Data

The historical data trend for Kinik 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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Kinik Co Interest Expense Chart

Kinik Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

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-17.33

-41.12

-39.36

-42.74

-44.09

Kinik Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Interest Expense	Get a 7-Day Free Trial															-10.49	-10.90	-11.22	-11.48	-10.49

Kinik 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$-44 Mil.

Kinik Co (TPE:1560) 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.

Kinik Co's Interest Expense for the three months ended in Dec. 2024 was NT$-10 Mil. Its Operating Income for the three months ended in Dec. 2024 was NT$295 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was NT$2,020 Mil.

Kinik Co's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2024 )	/	Interest Expense (Q: Dec. 2024 )
	=	-1	*	294.882	/	-10.489
	=	28.11

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

Kinik Co Business Description

Industry

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Address

No.64, Zhongshan Road, Yingge District, Taipei, TWN, 239010

Website

https://www.kinik.com.tw

Kinik Co manufactures conventional grinding wheels, diamond grinding wheels, CMP diamond disks, dicing blades and recycled wafers; it also engages in the buy and sell of wafers and import and export transactions.

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