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Yuen Chang Stainless Steel Co (TPE:2069) Interest Expense : NT$-170 Mil (TTM As of Dec. 2024)


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What is Yuen Chang Stainless Steel Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Yuen Chang Stainless Steel Co's interest expense for the three months ended in Dec. 2024 was NT$ -41 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was NT$-170 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. Yuen Chang Stainless Steel Co's Operating Income for the three months ended in Dec. 2024 was NT$ 131 Mil. Yuen Chang Stainless Steel Co's Interest Expense for the three months ended in Dec. 2024 was NT$ -41 Mil. Yuen Chang Stainless Steel Co's Interest Coverage for the quarter that ended in Dec. 2024 was 3.20. 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.


Yuen Chang Stainless Steel Co Interest Expense Historical Data

The historical data trend for Yuen Chang Stainless 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.

Yuen Chang Stainless Steel Co Interest Expense Chart

Yuen Chang Stainless 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 -124.61 -141.31 -152.86 -186.61 -170.48

Yuen Chang Stainless 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 -49.72 -44.14 -43.48 -41.89 -40.96

Yuen Chang Stainless 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$-170 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.


Yuen Chang Stainless Steel Co  (TPE:2069) 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.

Yuen Chang Stainless Steel Co's Interest Expense for the three months ended in Dec. 2024 was NT$-41 Mil. Its Operating Income for the three months ended in Dec. 2024 was NT$131 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was NT$789 Mil.

Yuen Chang Stainless 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*130.994/-40.961
=3.20

* 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.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Yuen Chang Stainless Steel Co Ltd interest coverage is 2.18, which is low.


Yuen Chang Stainless Steel Co Business Description

Traded in Other Exchanges
N/A
Address
No. 235, Zhongzheng 4th Road, 13th Floor, ChianJin Chiu, Kaohsiung, TWN
Yuen Chang Stainless Steel Co Ltd is a Taiwan-based steel company. It is engaged in stainless steel shearing, splitting, surface treatment, processing and trading, and import & export of stainless steel products. The company's products include stainless steel coils, plates, sheets, and strips.

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