Goldsun Building Materials Co (TPE:2504) Interest Expense : NT$-121 Mil (TTM As of Mar. 2024)

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What is Goldsun Building Materials Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Goldsun Building Materials Co's interest expense for the three months ended in Mar. 2024 was NT$ -28 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was NT$-121 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. Goldsun Building Materials Co's Operating Income for the three months ended in Mar. 2024 was NT$ 1,108 Mil. Goldsun Building Materials Co's Interest Expense for the three months ended in Mar. 2024 was NT$ -28 Mil. Goldsun Building Materials Co's Interest Coverage for the quarter that ended in Mar. 2024 was 39.22. 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.

Goldsun Building Materials Co Interest Expense Historical Data

The historical data trend for Goldsun Building Materials 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.

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Goldsun Building Materials Co Interest Expense Chart

Goldsun Building Materials Co Annual Data

Trend

Dec14

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Dec20

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Dec23

Interest Expense

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-127.99

-98.95

-84.64

-89.50

-122.27

Goldsun Building Materials 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															-29.51	-29.28	-32.62	-30.86	-28.25

Goldsun Building Materials 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$-121 Mil.

Goldsun Building Materials Co (TPE:2504) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Goldsun Building Materials Co's Interest Expense for the three months ended in Mar. 2024 was NT$-28 Mil. Its Operating Income for the three months ended in Mar. 2024 was NT$1,108 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was NT$5,023 Mil.

Goldsun Building Materials 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	*	1107.981	/	-28.249
	=	39.22

The higher the ratio, the stronger the company's financial strength is.

Goldsun Building Materials Co (TPE:2504) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Goldsun Building Materials Co Ltd (TPE:2504) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 8, Xinhu 1st Road, 7th Floor, Neihu District, Taipei, TWN, 114

Website

https://www.gdc.com.tw

Goldsun Building Materials Co Ltd is a Taiwan-based company that engages in the production and distribution of ready-mixed concretes and cement. These two segments jointly account for the majority of the company's revenue. In addition to the above, Goldsun Building Materials Co Ltd also engages in the planning and management of real estate projects, as well as manufacturing and marketing of fire-proof building materials. The company generates most of its sales from the Taiwan market.

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