GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Sunonwealth Electric Machine Industry Co Ltd (TPE:2421) » Definitions » Interest Expense

Sunonwealth Electric Machine Industry Co (TPE:2421) Interest Expense : NT$-42 Mil (TTM As of Mar. 2024)


View and export this data going back to 2000. Start your Free Trial

What is Sunonwealth Electric Machine Industry Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sunonwealth Electric Machine Industry Co's interest expense for the three months ended in Mar. 2024 was NT$ -7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was NT$-42 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. Sunonwealth Electric Machine Industry Co's Operating Income for the three months ended in Mar. 2024 was NT$ 274 Mil. Sunonwealth Electric Machine Industry Co's Interest Expense for the three months ended in Mar. 2024 was NT$ -7 Mil. Sunonwealth Electric Machine Industry Co's Interest Coverage for the quarter that ended in Mar. 2024 was 39.40. 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.

Sunonwealth Electric Machine Industry Co Interest Expense Historical Data

The historical data trend for Sunonwealth Electric Machine Industry 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.

Sunonwealth Electric Machine Industry Co Interest Expense Chart

Sunonwealth Electric Machine Industry 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 -28.85 -23.76 -28.16 -44.40 -47.00

Sunonwealth Electric Machine Industry Co 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 -11.86 -12.89 -13.03 -9.21 -6.95

Sunonwealth Electric Machine Industry 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$-42 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.

Sunonwealth Electric Machine Industry Co  (TPE:2421) 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.

Sunonwealth Electric Machine Industry Co's Interest Expense for the three months ended in Mar. 2024 was NT$-7 Mil. Its Operating Income for the three months ended in Mar. 2024 was NT$274 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was NT$300 Mil.

Sunonwealth Electric Machine Industry Co'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*273.606/-6.945
=39.40

* 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.

Sunonwealth Electric Machine Industry Co (TPE:2421) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Sunonwealth Electric Machine Industry Co Ltd (TPE:2421) » Definitions » Interest Expense
Comparable Companies
TPE:1560 TPE:8996 TPE:4583 ROCO:4506 ROCO:6125 TPE:2476 ROCO:6187 TPE:4532 ROCO:6664 ROCO:6613 GE XTER:SIE XPAR:SU ETN XKRX:373220 ITW OSTO:ATCO A EMR PH AME
Traded in Other Exchanges
N/A
Address
No. 30, Ln 296, Xinya Road, Qianzhen District, Kaohsiung City, TWN, 806
Website
https://www.sunon.com
Sunonwealth Electric Machine Industry Co Ltd is a Taiwan based company that engages in the production and sale of precision motors, AC/DC brushless fans, electric fans and micro cooling fans. Its products include DC fan and blower series; AC fans, EC fans, fan trays, fan accessories and ventilation fans. It serves its products in various industries, such as IT, automobile electronics, optical electronics and network communication industries.

Sunonwealth Electric Machine Industry Co (TPE:2421) Headlines

No Headlines