Mayer Steel Pipe (TPE:2020) Interest Expense : NT$-42 Mil (TTM As of Dec. 2024)

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What is Mayer Steel Pipe Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Mayer Steel Pipe'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$-42 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. Mayer Steel Pipe's Operating Income for the three months ended in Dec. 2024 was NT$ 108 Mil. Mayer Steel Pipe's Interest Expense for the three months ended in Dec. 2024 was NT$ -10 Mil. Mayer Steel Pipe's Interest Coverage for the quarter that ended in Dec. 2024 was 10.42. 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.

Mayer Steel Pipe Interest Expense Historical Data

The historical data trend for Mayer Steel Pipe'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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Mayer Steel Pipe Interest Expense Chart

Mayer Steel Pipe Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

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-48.66

-49.33

-56.75

-62.11

-41.77

Mayer Steel Pipe 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															-9.93	-10.39	-10.36	-10.70	-10.32

Mayer Steel Pipe 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$-42 Mil.

Mayer Steel Pipe (TPE:2020) 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.

Mayer Steel Pipe'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$108 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was NT$466 Mil.

Mayer Steel Pipe'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	*	107.509	/	-10.319
	=	10.42

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

Mayer Steel Pipe Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Mayer Steel Pipe Corp (TPE:2020) » Definitions » Interest Expense

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Address

No. 2-1, Section 3, Minquan East Road, 12th Floor, Zhongshan District, Taipei, TWN, 10477

Website

https://www.mayer.com.tw

Mayer Steel Pipe Corp is engaged in the steel industry. The main business of the company and its divisions are specialized in the manufacture and sale of black steel pipes, galvanized steel pipes, and stainless steel coils for pipes. The company has five reportable segments which include the Steel department, Real estate investment department, Investment department, Mineral trade department, and Hotel services department. The majority of the revenue comes from the Steel department which is engaged in the production and sales of black steel pipes, zinc-coated steel pipes, and stainless-steel coils for pipes. Geographically it generates maximum revenue from Taiwan and the rest from Vietnam, Thailand, and other regions.

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