GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Microtek International Inc (TPE:2305) » Definitions » Interest Expense

Microtek International (TPE:2305) Interest Expense : NT$-4.5 Mil (TTM As of Mar. 2024)


View and export this data going back to 1988. Start your Free Trial

What is Microtek International Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Microtek International's interest expense for the three months ended in Mar. 2024 was NT$ -1.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was NT$-4.5 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. Microtek International's Operating Income for the three months ended in Mar. 2024 was NT$ -14.7 Mil. Microtek International's Interest Expense for the three months ended in Mar. 2024 was NT$ -1.1 Mil. Microtek International did not have earnings to cover the interest expense. 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.


Microtek International Interest Expense Historical Data

The historical data trend for Microtek International'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.

Microtek International Interest Expense Chart

Microtek International 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 -5.83 -5.27 -4.29 -4.68 -4.93

Microtek International Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -1.49 -1.39 -1.07 -0.99 -1.10

Microtek International 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$-4.5 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.


Microtek International  (TPE:2305) 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.

Microtek International's Interest Expense for the three months ended in Mar. 2024 was NT$-1.1 Mil. Its Operating Income for the three months ended in Mar. 2024 was NT$-14.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was NT$202.2 Mil.

Microtek International's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Microtek International did not have earnings to cover the interest expense.

* 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.


Microtek International (TPE:2305) Business Description

Traded in Other Exchanges
N/A
Address
No.6 Industry East Road 3, Science-Based Industrial Park, Hsinchu, TWN, 300091
Microtek International Inc is a Taiwan based company offering scanning solutions. The company is engaged in the manufacturing and marketing of digital image scanners and related computer peripheral products. It offers scanners for medical, document, professional image, office, home, and industrial application. Its product portfolio includes ArtixScan series, FileScan series, ScanMaker series, XT series, Bio series, ObjectScan series, and medical series, among others.

Microtek International (TPE:2305) Headlines

No Headlines