Taimide Tech (TPE:3645) Interest Expense : NT$-34 Mil (TTM As of Mar. 2024)

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What is Taimide Tech Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Taimide Tech's interest expense for the three months ended in Mar. 2024 was NT$ -8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was NT$-34 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. Taimide Tech's Operating Income for the three months ended in Mar. 2024 was NT$ 24 Mil. Taimide Tech's Interest Expense for the three months ended in Mar. 2024 was NT$ -8 Mil. Taimide Tech's Interest Coverage for the quarter that ended in Mar. 2024 was 3.00. 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.

Taimide Tech Interest Expense Historical Data

The historical data trend for Taimide Tech'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.

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Taimide Tech Interest Expense Chart

Taimide Tech Annual Data

Trend

Dec14

Dec15

Dec16

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Dec19

Dec20

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Dec22

Dec23

Interest Expense

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-15.84

-29.78

-30.20

-30.97

-34.12

Taimide Tech 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															-8.39	-8.51	-8.54	-8.68	-8.16

Taimide Tech 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$-34 Mil.

Taimide Tech (TPE:3645) 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.

Taimide Tech's Interest Expense for the three months ended in Mar. 2024 was NT$-8 Mil. Its Operating Income for the three months ended in Mar. 2024 was NT$24 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was NT$686 Mil.

Taimide Tech'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	*	24.452	/	-8.155
	=	3.00

The higher the ratio, the stronger the company's financial strength is.

Taimide Tech (TPE:3645) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Taimide Tech Inc (TPE:3645) » Definitions » Interest Expense

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Traded in Other Exchanges

N/A

Address

No. 127, Section 3, Wende Road, Xinpu Township, Hsinchu, TWN

Website

https://www.taimide.com.tw

Taimide Tech Inc is engaged in the research and development, manufacturing and sales of polyimide film (PI film) in Taiwan. It provides high modulus polyimide films, a low coefficient of thermal expansion polyimide films, and low dielectric constant polyimide films, among others.

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