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Desiccant Technology (TPE:5292) Interest Expense : NT$0 Mil (TTM As of Dec. 2024)


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What is Desiccant Technology Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Desiccant Technology's interest expense for the three months ended in Dec. 2024 was NT$ 0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was NT$0 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. Desiccant Technology's Operating Income for the three months ended in Dec. 2024 was NT$ 107 Mil. Desiccant Technology's Interest Expense for the three months ended in Dec. 2024 was NT$ 0 Mil. Desiccant Technology has no long-term debt (1). 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.


Desiccant Technology Interest Expense Historical Data

The historical data trend for Desiccant Technology'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.

Desiccant Technology Interest Expense Chart

Desiccant Technology Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.46 -0.80 -0.07 -0.11 -

Desiccant Technology Quarterly Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 - - - - -

Desiccant Technology 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$0 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.


Desiccant Technology  (TPE:5292) 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.

Desiccant Technology's Interest Expense for the three months ended in Dec. 2024 was NT$0 Mil. Its Operating Income for the three months ended in Dec. 2024 was NT$107 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was NT$0 Mil.

Desiccant Technology's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Desiccant Technology had no long-term debt (1).

* 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. Desiccant Technology Corp has enough cash to cover all of its debt. Its financial situation is stable.


Desiccant Technology Business Description

Traded in Other Exchanges
N/A
Address
No.88, Zhongshan Road, 17th floor, Zhongli District, Taoyuan, TWN, 32041
Desiccant Technology Corp is a manufacturer of Volatile Organic Compounds equipment and industry dehumidifiers. It also provides engineering services with VOC equipment maintenance. Its products include VOCs exhaust abatement systems, Rotary regenerative thermal oxidizers, Catalytic thermal oxidizers, and Waste liquid/wastewater thermal oxidizer systems.

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