Wisdom Marine Lines Co (TPE:2637) Interest Expense : NT$-1,977 Mil (TTM As of Dec. 2024)

View and export this data going back to 2010. Start your Free Trial

What is Wisdom Marine Lines Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Wisdom Marine Lines Co's interest expense for the three months ended in Dec. 2024 was NT$ -446 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was NT$-1,977 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. Wisdom Marine Lines Co's Operating Income for the three months ended in Dec. 2024 was NT$ 1,275 Mil. Wisdom Marine Lines Co's Interest Expense for the three months ended in Dec. 2024 was NT$ -446 Mil. Wisdom Marine Lines Co's Interest Coverage for the quarter that ended in Dec. 2024 was 2.86. 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.

Wisdom Marine Lines Co Interest Expense Historical Data

The historical data trend for Wisdom Marine Lines 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.

Wisdom Marine Lines Co Interest Expense Chart

Wisdom Marine Lines Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

Get a 7-Day Free Trial

-1,203.42

-904.78

-1,344.35

-2,148.76

-2,004.17

Wisdom Marine Lines Co 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															-546.65	-518.17	-519.58	-493.24	-446.01

Wisdom Marine Lines 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$-1,977 Mil.

Wisdom Marine Lines Co (TPE:2637) 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.

Wisdom Marine Lines Co's Interest Expense for the three months ended in Dec. 2024 was NT$-446 Mil. Its Operating Income for the three months ended in Dec. 2024 was NT$1,275 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was NT$24,442 Mil.

Wisdom Marine Lines Co'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	*	1274.567	/	-446.007
	=	2.86

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. Wisdom Marine Lines Co Ltd interest coverage is 3.44, which is low.

Wisdom Marine Lines Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Wisdom Marine Lines Co Ltd (TPE:2637) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

Sec. 2, Fushing South Road, No. 237, Room 711, 7th Floor, Taipei, TWN, 10667

Website

https://www.wisdomlines.com.tw

Wisdom Marine Lines Co Ltd is a transportation and logistics company domiciled in Cayman Island. The company's principal business is the acquisition, management, and operation of dry bulk vessels, with a focus on the handysize sector. It provides marine cargo transportation services, services related to maintenance, vessel leasing, and shipping agency and management services. Geographically, the company derives maximum revenue from its customers in Singapore followed by the Netherlands, Denmark, Panama, Switzerland, Germany, and other regions.

Wisdom Marine Lines Co Headlines

No Headlines