Laster Tech Co (TPE:3346) Interest Expense : NT$-67 Mil (TTM As of Sep. 2024)

View and export this data going back to 2012. Start your Free Trial

What is Laster Tech Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Laster Tech Co's interest expense for the three months ended in Sep. 2024 was NT$ -25 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was NT$-67 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. Laster Tech Co's Operating Income for the three months ended in Sep. 2024 was NT$ 101 Mil. Laster Tech Co's Interest Expense for the three months ended in Sep. 2024 was NT$ -25 Mil. Laster Tech Co's Interest Coverage for the quarter that ended in Sep. 2024 was 4.02. 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.

Laster Tech Co Interest Expense Historical Data

The historical data trend for Laster Tech 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.

Laster Tech Co Interest Expense Chart

Laster Tech Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Interest Expense

Get a 7-Day Free Trial

-42.68

-50.62

-47.49

-34.73

-60.43

Laster Tech Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24	Jun24	Sep24
Interest Expense	Get a 7-Day Free Trial															-18.93	-20.10	-20.61	-21.59	-25.11

Laster Tech 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$-67 Mil.

Laster Tech Co (TPE:3346) 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.

Laster Tech Co's Interest Expense for the three months ended in Sep. 2024 was NT$-25 Mil. Its Operating Income for the three months ended in Sep. 2024 was NT$101 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was NT$1,056 Mil.

Laster Tech Co'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	*	100.979	/	-25.112
	=	4.02

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. Laster Tech Co Ltd interest coverage is 3.25, which is low.

Laster Tech Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Laster Tech Co Ltd (TPE:3346) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Building F No.4 Minxiang Street, Zhonghe, Taipei, TWN, 23545

Website

https://www.lastertech.com

Laster Tech Co Ltd is a manufacturer of Led Lighting, Chip products, general lighting, and automotive lighting in Taiwan. Its products are widely used in various applications such as munitions, medical treatment, aviation, automobile, and others.

Laster Tech Co Headlines

No Headlines