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President Securities (TPE:2855) Interest Expense : NT$-1,462 Mil (TTM As of Sep. 2024)


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What is President Securities Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. President Securities's interest expense for the three months ended in Sep. 2024 was NT$ -432 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was NT$-1,462 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. President Securities's Operating Income for the three months ended in Sep. 2024 was NT$ 2,092 Mil. President Securities's Interest Expense for the three months ended in Sep. 2024 was NT$ -432 Mil. President Securities's Interest Coverage for the quarter that ended in Sep. 2024 was 4.84. 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.

President Securities Interest Expense Historical Data

The historical data trend for President Securities'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.

President Securities Interest Expense Chart

President Securities Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -531.82 -276.88 -101.29 -183.33 -934.88

President Securities Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -258.88 -289.52 -359.05 -380.58 -432.40

President Securities 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$-1,462 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.

President Securities  (TPE:2855) 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.

President Securities's Interest Expense for the three months ended in Sep. 2024 was NT$-432 Mil. Its Operating Income for the three months ended in Sep. 2024 was NT$2,092 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was NT$140 Mil.

President Securities's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*2091.599/-432.402
=4.84

* 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.

President Securities Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » President Securities Corp (TPE:2855) » Definitions » Interest Expense
Comparable Companies
TPE:6005 TPE:2820 ROCO:6023 TPE:2889 TPE:6024 ROCO:6016 ROCO:6020 ROCO:6026 ROCO:6021 ROCO:5864 MS GS SCHW SHSE:600030 ASX:MQG BSP:BPAC3 SHSE:601066 RJF TW SHSE:601688
Traded in Other Exchanges
N/A
Address
1st Floor., No.8, Dongxing Road, Sungshan District, Taipei, TWN, 105
Website
https://www.pscnet.com.tw
President Securities Corp is a Taiwan-based securities company with several segments. The brokerage segment is engaged in the trading of listed securities and other instruments as approved by the regulations, along with margin trading, short sale, and assistance in futures trading. The proprietary trading segment is involved in using self-owned equity to execute securities trading and conduct futures and options hedging. The reinvestment segment is involved in companies reinvested by the consolidated entities. The other operating segment consists of a capital market business, a derivatives proprietary business, a financial product business, and others. It also has a Quantitative Trading segment and a Financial product segment.

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