GURUFOCUS.COM » STOCK LIST » Technology » Hardware » WT Microelectronics Co Ltd (TPE:3036) » Definitions » Interest Expense

WT Microelectronics Co (TPE:3036) Interest Expense : NT$-3,568 Mil (TTM As of Mar. 2024)


View and export this data going back to 2002. Start your Free Trial

What is WT Microelectronics Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. WT Microelectronics Co's interest expense for the three months ended in Mar. 2024 was NT$ -846 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was NT$-3,568 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. WT Microelectronics Co's Operating Income for the three months ended in Mar. 2024 was NT$ 2,611 Mil. WT Microelectronics Co's Interest Expense for the three months ended in Mar. 2024 was NT$ -846 Mil. WT Microelectronics Co's Interest Coverage for the quarter that ended in Mar. 2024 was 3.09. 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.

WT Microelectronics Co Interest Expense Historical Data

The historical data trend for WT Microelectronics 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.

WT Microelectronics Co Interest Expense Chart

WT Microelectronics Co 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 -1,953.12 -990.68 -715.05 -2,445.51 -3,880.04

WT Microelectronics Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -1,158.24 -1,039.32 -915.75 -766.73 -846.15

WT Microelectronics 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$-3,568 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.

WT Microelectronics Co  (TPE:3036) 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.

WT Microelectronics Co's Interest Expense for the three months ended in Mar. 2024 was NT$-846 Mil. Its Operating Income for the three months ended in Mar. 2024 was NT$2,611 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was NT$20,192 Mil.

WT Microelectronics Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*2611.056/-846.147
=3.09

* 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.

WT Microelectronics Co (TPE:3036) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » WT Microelectronics Co Ltd (TPE:3036) » Definitions » Interest Expense
Comparable Companies
TPE:4958 TPE:3044 TPE:3533 TPE:2368 TPE:3481 TPE:3017 TPE:2409 TPE:3653 TPE:3023 TPE:2383 APH TPE:2317 TEL SZSE:002475 TSE:6981 TPE:2308 GLW XKRX:006400 SZSE:000725 JBL
Traded in Other Exchanges
3036A.PFD:Taiwan
Address
No. 738, Zhongzheng Road, 235th Floor, Zhonghe District, New Taipei, TWN, 235
Website
https://www.wtmec.com
WT Microelectronics Co Ltd develops and sells electronic and communication components. Supply chain management services are offered to vendors and customers primarily in China, but the company does contract business from other Asia Pacific countries. The majority of revenue is derived from clients in the communication, computing, and consumer markets. The company depends on a host of marketing and sales channels to help deliver value-add technical support, explore component application opportunities, and facilitate product development timelines. WT Microelectronics aims to co-define the product marketing strategy with upstream vendors and reduce the research and development pipeline for downstream clients.

WT Microelectronics Co (TPE:3036) Headlines

No Headlines