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Clevo Co (TPE:2362) Interest Expense : NT$-922 Mil (TTM As of Sep. 2024)


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What is Clevo Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Clevo Co's interest expense for the three months ended in Sep. 2024 was NT$ -241 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was NT$-922 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. Clevo Co's Operating Income for the three months ended in Sep. 2024 was NT$ 537 Mil. Clevo Co's Interest Expense for the three months ended in Sep. 2024 was NT$ -241 Mil. Clevo Co's Interest Coverage for the quarter that ended in Sep. 2024 was 2.23. 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.

Clevo Co Interest Expense Historical Data

The historical data trend for Clevo 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.

Clevo Co Interest Expense Chart

Clevo Co 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 -1,105.90 -908.63 -638.94 -741.24 -833.89

Clevo Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -205.85 -217.91 -226.98 -235.93 -240.89

Clevo 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$-922 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.

Clevo Co  (TPE:2362) 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.

Clevo Co's Interest Expense for the three months ended in Sep. 2024 was NT$-241 Mil. Its Operating Income for the three months ended in Sep. 2024 was NT$537 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was NT$27,511 Mil.

Clevo Co's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*537.057/-240.893
=2.23

* 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. Clevo Co interest coverage is 2.14, which is low.

Clevo Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Clevo Co (TPE:2362) » Definitions » Interest Expense
Comparable Companies
ROCO:3078 ROCO:3693 ROCO:6188 ROCO:6805 TPE:2312 TPE:3701 TPE:6579 ROCO:8050 TPE:2331 TPE:6756 ANET DELL SZSE:002415 HPQ TPE:2382 TSE:7751 SHSE:688041 NTAP HKSE:00992 STX
Traded in Other Exchanges
N/A
Address
35th Floor, No. 555, Siyuan Road, Xinzhuang District, New Taipei City, TWN, 242034
Website
https://www.clevo.com.tw
Clevo Co is a Taiwan-based company engaged in the design, manufacture, and sales of VDUs, computers, and peripheral devices. It operates in two reportable segments: Computer and Buynow Plaza. The Computer segment works in manufacturing laptop computers for use in consumer, commercial, medical, and industrial applications. Its business is organized based on product lines: Gaming, Entertainment, Essential, Productivity, and Film Art Technology. The Buynow Plaza segment refers to leasing and property development/management business. The majority of the company's revenue comes from the computer segment. It has a geographic presence in Taiwan, China, Asia-Pacific, Europe, and the Americas.

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