GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Inventec Corp (TPE:2356) » Definitions » Interest Expense

Inventec (TPE:2356) Interest Expense : NT$-4,641 Mil (TTM As of Mar. 2024)


View and export this data going back to 1996. Start your Free Trial

What is Inventec Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Inventec's interest expense for the three months ended in Mar. 2024 was NT$ -1,174 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was NT$-4,641 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. Inventec's Operating Income for the three months ended in Mar. 2024 was NT$ 2,143 Mil. Inventec's Interest Expense for the three months ended in Mar. 2024 was NT$ -1,174 Mil. Inventec's Interest Coverage for the quarter that ended in Mar. 2024 was 1.83. 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.


Inventec Interest Expense Historical Data

The historical data trend for Inventec'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.

Inventec Interest Expense Chart

Inventec 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 -1,761.10 -1,054.24 -738.44 -3,035.59 -4,588.12

Inventec 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 -1,120.65 -1,104.51 -1,223.12 -1,139.84 -1,173.53

Inventec 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$-4,641 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.


Inventec  (TPE:2356) 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.

Inventec's Interest Expense for the three months ended in Mar. 2024 was NT$-1,174 Mil. Its Operating Income for the three months ended in Mar. 2024 was NT$2,143 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was NT$8,229 Mil.

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

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*2142.699/-1173.528
=1.83

* 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.


Inventec (TPE:2356) Business Description

Traded in Other Exchanges
N/A
Address
No. 66, Hougang Street, Shinlin District, Taipei, TWN, 111059
Inventec Corp is a Taiwan-based original design manufacturer of electronic products for use in consumer, commercial, and industrial applications. The company has two reportable segments: the core department and other departments. The company generates maximum revenue from the Core department segment, which manufactures and sells computer products. The other department segment develops and manufactures emerging environmental energy. Its products include notebook PCs, tablet PCs, desktop computers, computer peripherals, personal digital products, multimedia audio products, servers, switches, and data storage equipment. Its geographical segments are Taiwan; United States; Japan; Hong Kong, Macao, and Mainland China; and Other Countries.

Inventec (TPE:2356) Headlines

No Headlines