GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Evergreen Marine Corp (Taiwan) Ltd (TPE:2603) » Definitions » Interest Expense

Evergreen Marine (Taiwan) (TPE:2603) Interest Expense : NT$-5,226 Mil (TTM As of Dec. 2024)


View and export this data going back to 1987. Start your Free Trial

What is Evergreen Marine (Taiwan) Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Evergreen Marine (Taiwan)'s interest expense for the three months ended in Dec. 2024 was NT$ -1,361 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was NT$-5,226 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. Evergreen Marine (Taiwan)'s Operating Income for the three months ended in Dec. 2024 was NT$ 34,456 Mil. Evergreen Marine (Taiwan)'s Interest Expense for the three months ended in Dec. 2024 was NT$ -1,361 Mil. Evergreen Marine (Taiwan)'s Interest Coverage for the quarter that ended in Dec. 2024 was 25.32. 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.

Evergreen Marine (Taiwan) Interest Expense Historical Data

The historical data trend for Evergreen Marine (Taiwan)'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.

Evergreen Marine (Taiwan) Interest Expense Chart

Evergreen Marine (Taiwan) 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 -4,536.52 -3,237.00 -3,255.35 -4,948.67 -5,225.94

Evergreen Marine (Taiwan) 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 -1,354.68 -1,214.64 -1,267.98 -1,382.45 -1,360.87

Evergreen Marine (Taiwan) 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$-5,226 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.

Evergreen Marine (Taiwan)  (TPE:2603) 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.

Evergreen Marine (Taiwan)'s Interest Expense for the three months ended in Dec. 2024 was NT$-1,361 Mil. Its Operating Income for the three months ended in Dec. 2024 was NT$34,456 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was NT$128,107 Mil.

Evergreen Marine (Taiwan)'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*34456.247/-1360.865
=25.32

* 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.

Evergreen Marine (Taiwan) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Evergreen Marine Corp (Taiwan) Ltd (TPE:2603) » Definitions » Interest Expense
Comparable Companies
TPE:2609 TPE:2615 TPE:2606 TPE:2637 TPE:2607 TPE:2605 TPE:2617 TPE:5608 ROCO:2641 TPE:2613 HKSE:01919 XTER:HLAG BOM:532921 OCSE:MAERSK B SHSE:600018 TSE:9101 TSE:9104 PHS:ICT XKRX:011200 ADX:ADNOCLS
Traded in Other Exchanges
N/A
Address
No. 166, Minsheng East Road, Section 2, Zhongshan District, Taipei, TWN
Website
https://www.evergreen-marine.com
Evergreen Marine Corp (Taiwan) Ltd is engaged in domestic and international marine transportation, shipping agency services, commercial port area ship repair services, and the distribution of containers. The company's main source of revenue is generated by transporting goods via its fleet of cargo ships. It has a geographic presence in Asia, the Americas, and Europe, and Taiwan. It generates the majority of its revenue from Asia.

Evergreen Marine (Taiwan) Headlines

No Headlines