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Getac Holdings (TPE:3005) Interest Expense : NT$-91 Mil (TTM As of Jun. 2024)


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What is Getac Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Getac Holdings's interest expense for the three months ended in Jun. 2024 was NT$ -27 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was NT$-91 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. Getac Holdings's Operating Income for the three months ended in Jun. 2024 was NT$ 1,310 Mil. Getac Holdings's Interest Expense for the three months ended in Jun. 2024 was NT$ -27 Mil. Getac Holdings's Interest Coverage for the quarter that ended in Jun. 2024 was 49.31. 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.

Getac Holdings Interest Expense Historical Data

The historical data trend for Getac Holdings'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.

Getac Holdings Interest Expense Chart

Getac Holdings 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 -42.21 -47.21 -43.19 -46.86 -80.55

Getac Holdings Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -19.77 -21.14 -21.17 -21.86 -26.57

Getac Holdings 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$-91 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.

Getac Holdings  (TPE:3005) 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.

Getac Holdings's Interest Expense for the three months ended in Jun. 2024 was NT$-27 Mil. Its Operating Income for the three months ended in Jun. 2024 was NT$1,310 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was NT$2,151 Mil.

Getac Holdings's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2024 )/Interest Expense (Q: Jun. 2024 )
=-1*1310.155/-26.57
=49.31

* 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Getac Holdings Corp has enough cash to cover all of its debt. Its financial situation is stable.

Getac Holdings Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Getac Holdings Corp (TPE:3005) » Definitions » Interest Expense
Comparable Companies
TPE:3706 TPE:3406 TPE:4915 TPE:2451 TPE:6414 ROCO:3324 ROCO:5289 TPE:3515 TPE:8210 TPE:6579 ANET DELL SZSE:002415 HPQ TPE:2382 TSE:7751 SHSE:688041 NTAP HKSE:00992 STX
Traded in Other Exchanges
N/A
Address
No. 209, Building A, Nangang Road, Section 1, 5th Floor, Taipei, TWN, 11568
Website
https://www.getacgroup.com
Getac Holdings Corp is a manufacturer of rugged notebooks, tablets, and personal computers. Its products can be used in extreme environments such as sandstorms and blizzards and can withstand a wide range of temperatures. Their functionality includes modularity and flexibility of military interfaces and readability in pitch darkness with night vision goggles. The firm offers bespoke hardware solutions to meet specific client requirements as well. The firm has operations in North America, Asia, and Europe. The reportable segments of the company are Electronic parts, Structure parts and Aerospace fastener. Majority of revenue is generated from the electronic parts segment.

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