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L & K Engineering Co (TPE:6139) Interest Expense : NT$-47 Mil (TTM As of Mar. 2024)


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What is L & K Engineering Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. L & K Engineering Co's interest expense for the three months ended in Mar. 2024 was NT$ -13 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was NT$-47 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. L & K Engineering Co's Operating Income for the three months ended in Mar. 2024 was NT$ 1,534 Mil. L & K Engineering Co's Interest Expense for the three months ended in Mar. 2024 was NT$ -13 Mil. L & K Engineering Co's Interest Coverage for the quarter that ended in Mar. 2024 was 119.10. 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.

L & K Engineering Co Interest Expense Historical Data

The historical data trend for L & K Engineering 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.

L & K Engineering Co Interest Expense Chart

L & K Engineering Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -93.18 -82.90 -80.10 -78.88 -62.72

L & K Engineering Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 -16.81 -18.71 -17.86 -16.15 -12.88

L & K Engineering 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$-47 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.

L & K Engineering Co  (TPE:6139) 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.

L & K Engineering Co's Interest Expense for the three months ended in Mar. 2024 was NT$-13 Mil. Its Operating Income for the three months ended in Mar. 2024 was NT$1,534 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was NT$817 Mil.

L & K Engineering 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*1534.356/-12.883
=119.10

* 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. L & K Engineering Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

L & K Engineering Co (TPE:6139) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » L & K Engineering Co Ltd (TPE:6139) » Definitions » Interest Expense
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ROCO:2072 TPE:8926 TPE:9933 ROCO:5536 TPE:6691 TPE:3703 TPE:2597 TPE:2515 TPE:2404 TPE:2535 XPAR:DG NSE:LT SHSE:601668 PWR SHSE:601390 J TSX:WSP HKSE:01800 SHSE:601186 SHSE:601669
Traded in Other Exchanges
N/A
Address
5F., No.17, Lane 120, Neihu Rd, Sec. 1, Neihu District, Taipei City, TWN, 11493
Website
https://www.lkeng.com.tw
L & K Engineering Co Ltd is a Taiwan-based professional engineering company that provides fully integrated turnkey engineering services for cleanroom construction projects, process utility systems, electrical and mechanical engineering, and other associated engineering projects. The company is also engaged in the construction of hospital sterile rooms, biochemical pharmaceutical sterile rooms, electronic industry clean rooms, and related mechanical and electrical pipelines.

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