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Fortune Information Systems (TPE:2468) Interest Expense : NT$-1 Mil (TTM As of Dec. 2024)


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What is Fortune Information Systems Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Fortune Information Systems's interest expense for the three months ended in Dec. 2024 was NT$ -0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was NT$-1 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. Fortune Information Systems's Operating Income for the three months ended in Dec. 2024 was NT$ 28 Mil. Fortune Information Systems's Interest Expense for the three months ended in Dec. 2024 was NT$ -0 Mil. Fortune Information Systems's Interest Coverage for the quarter that ended in Dec. 2024 was 96.25. 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.

Fortune Information Systems Interest Expense Historical Data

The historical data trend for Fortune Information Systems'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.

Fortune Information Systems Interest Expense Chart

Fortune Information Systems 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 -0.75 -1.67 -2.96 -3.54 -1.23

Fortune Information Systems 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 -0.58 -0.39 -0.40 -0.14 -0.30

Fortune Information Systems 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$-1 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.

Fortune Information Systems  (TPE:2468) 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.

Fortune Information Systems's Interest Expense for the three months ended in Dec. 2024 was NT$-0 Mil. Its Operating Income for the three months ended in Dec. 2024 was NT$28 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was NT$13 Mil.

Fortune Information Systems'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*28.394/-0.295
=96.25

* 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Fortune Information Systems Corp has enough cash to cover all of its debt. Its financial situation is stable.

Fortune Information Systems Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Fortune Information Systems Corp (TPE:2468) » Definitions » Interest Expense
Comparable Companies
TPE:6906 ROCO:5209 TPE:2453 ROCO:8099 ROCO:6614 TPE:2471 ROCO:4953 ROCO:7714 ROCO:6997 TPE:1416 IBM ACN NSE:TCS FI NSE:INFY NSE:HCLTECH FIS TSE:6702 CTSH XMAD:AMS
Traded in Other Exchanges
N/A
Address
No. 25, Lane 78, Xingai road, Neihu District, Taipei, TWN, 11494
Website
https://www.fis.com.tw
Fortune Information Systems Corp is engaged in providing system integration services like cloud IT infrastructure, network management and information security solutions, customer service and technical support, and operation uninterrupted solutions. The company earns revenue from Service revenue comes from system integration and maintenance of computer hardware and software, also Sales revenue comes from sales of computer hardware and software.

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