Promate Electronic Co (TPE:6189) Interest Expense : NT$-201 Mil (TTM As of Mar. 2024)

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What is Promate Electronic Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Promate Electronic Co's interest expense for the three months ended in Mar. 2024 was NT$ -73 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was NT$-201 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. Promate Electronic Co's Operating Income for the three months ended in Mar. 2024 was NT$ 509 Mil. Promate Electronic Co's Interest Expense for the three months ended in Mar. 2024 was NT$ -73 Mil. Promate Electronic Co's Interest Coverage for the quarter that ended in Mar. 2024 was 7.01. 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.

Promate Electronic Co Interest Expense Historical Data

The historical data trend for Promate Electronic 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.

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Promate Electronic Co Interest Expense Chart

Promate Electronic Co Annual Data

Trend

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Dec23

Interest Expense

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-114.28

-74.49

-56.40

-116.90

-162.09

Promate Electronic 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															-34.00	-36.18	-41.67	-50.25	-72.67

Promate Electronic 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$-201 Mil.

Promate Electronic Co (TPE:6189) 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.

Promate Electronic Co's Interest Expense for the three months ended in Mar. 2024 was NT$-73 Mil. Its Operating Income for the three months ended in Mar. 2024 was NT$509 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was NT$180 Mil.

Promate Electronic 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	*	509.262	/	-72.671
	=	7.01

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

Promate Electronic Co (TPE:6189) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Promate Electronic Co Ltd (TPE:6189) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 32, Section of Huanshan Road, 4th Floor, Nei Hu District, Taipei, TWN, 11442

Website

https://www.promate.com

Promate Electronic Co Ltd is mainly engaged in the distribution and sales of electronic/electrical components, sales of computer software and electrical products, and sales of electronic/electrical components. The company has these operating segments; Application specific and LCD Display Products, Linear/ Distributed Components, Image Processing ICs, Application specific ICs, and Others. It has two business divisions; China Region and Non-China Region, out of which it derives a majority of its revenue from the Non-China Region.

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