GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Prince Housing & Development Corp (TPE:2511) » Definitions » Interest Expense

Prince Housing & Development (TPE:2511) Interest Expense : NT$-346 Mil (TTM As of Dec. 2024)


View and export this data going back to 1991. Start your Free Trial

What is Prince Housing & Development Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Prince Housing & Development's interest expense for the three months ended in Dec. 2024 was NT$ -89 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was NT$-346 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. Prince Housing & Development's Operating Income for the three months ended in Dec. 2024 was NT$ 170 Mil. Prince Housing & Development's Interest Expense for the three months ended in Dec. 2024 was NT$ -89 Mil. Prince Housing & Development's Interest Coverage for the quarter that ended in Dec. 2024 was 1.91. 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.


Prince Housing & Development Interest Expense Historical Data

The historical data trend for Prince Housing & Development'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.

Prince Housing & Development Interest Expense Chart

Prince Housing & Development 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 -325.67 -314.13 -330.53 -347.71 -346.45

Prince Housing & Development 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 -87.88 -86.73 -87.99 -82.86 -88.88

Prince Housing & Development 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$-346 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.


Prince Housing & Development  (TPE:2511) 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.

Prince Housing & Development's Interest Expense for the three months ended in Dec. 2024 was NT$-89 Mil. Its Operating Income for the three months ended in Dec. 2024 was NT$170 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was NT$14,861 Mil.

Prince Housing & Development'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*169.664/-88.875
=1.91

* 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. Prince Housing & Development Corps earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.


Prince Housing & Development Business Description

Traded in Other Exchanges
N/A
Address
No. 398, Zhonghua East Road, 8th Floor, Sector 1, East District, Tainan, TWN, 701
Prince Housing & Development Corp is a Taiwan-based real estate developer and builder with its principal business in the construction, leasing, and sale of public housing, commercial buildings, recreation places, hotels, industrial parks, indoor sports, and parking lots, and leasing and sale of real estate. The company operates in three segments; Construction, Hotel, and Others.

Prince Housing & Development Headlines

No Headlines