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Sheng Yu Steel Co (TPE:2029) Interest Expense : NT$-3 Mil (TTM As of Dec. 2024)


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What is Sheng Yu Steel Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sheng Yu Steel Co's interest expense for the three months ended in Dec. 2024 was NT$ -1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was NT$-3 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. Sheng Yu Steel Co's Operating Income for the three months ended in Dec. 2024 was NT$ 206 Mil. Sheng Yu Steel Co's Interest Expense for the three months ended in Dec. 2024 was NT$ -1 Mil. Sheng Yu Steel Co's Interest Coverage for the quarter that ended in Dec. 2024 was 158.36. 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.

Sheng Yu Steel Co Interest Expense Historical Data

The historical data trend for Sheng Yu Steel 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.

* Premium members only.

Sheng Yu Steel Co Interest Expense Chart

Sheng Yu Steel Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.95 -6.28 -4.43 -3.29 -3.44

Sheng Yu Steel 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 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 -0.58 -0.48 -0.69 -0.97 -1.30

Sheng Yu Steel 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$-3 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.

Sheng Yu Steel Co  (TPE:2029) 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.

Sheng Yu Steel Co's Interest Expense for the three months ended in Dec. 2024 was NT$-1 Mil. Its Operating Income for the three months ended in Dec. 2024 was NT$206 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was NT$5 Mil.

Sheng Yu Steel 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*206.344/-1.303
=158.36

* 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. Sheng Yu Steel Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

Sheng Yu Steel Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Sheng Yu Steel Co Ltd (TPE:2029) » Definitions » Interest Expense
Comparable Companies
TPE:2020 TPE:2013 TPE:5538 TPE:2028 TPE:2012 TPE:2008 TPE:2007 ROCO:1480 TPE:2034 TPE:2017 BOM:500228 NUE XAMS:MT TSE:5401 NSE:TATASTEEL SHSE:600019 STLD RS XKRX:005490 SHSE:600010
Traded in Other Exchanges
N/A
Address
No.11, Chung Lin Road, Hsiao Kang, Kaohsiung, TWN, 81260
Website
https://www.shengyusteel.com
Sheng Yu Steel Co Ltd is engaged in the steel industry. The company manufactures, processes, and sells cold rolled, galvanized, and prepainted steel coils. It processes and sells cold rolled steel, galvanized steel sheets, and color-coated steel sheets. It also purchases and re-sells various steel products.

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