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Nan Liu Enterprise Co (TPE:6504) Interest Expense : NT$-93 Mil (TTM As of Mar. 2024)


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What is Nan Liu Enterprise Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Nan Liu Enterprise Co's interest expense for the three months ended in Mar. 2024 was NT$ -25 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was NT$-93 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. Nan Liu Enterprise Co's Operating Income for the three months ended in Mar. 2024 was NT$ 48 Mil. Nan Liu Enterprise Co's Interest Expense for the three months ended in Mar. 2024 was NT$ -25 Mil. Nan Liu Enterprise Co's Interest Coverage for the quarter that ended in Mar. 2024 was 1.91. 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.


Nan Liu Enterprise Co Interest Expense Historical Data

The historical data trend for Nan Liu Enterprise 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.

Nan Liu Enterprise Co Interest Expense Chart

Nan Liu Enterprise Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -29.36 -36.13 -33.29 -54.36 -90.06

Nan Liu Enterprise 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 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 -21.77 -26.29 -26.92 -15.08 -24.89

Nan Liu Enterprise 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$-93 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.


Nan Liu Enterprise Co  (TPE:6504) 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.

Nan Liu Enterprise Co's Interest Expense for the three months ended in Mar. 2024 was NT$-25 Mil. Its Operating Income for the three months ended in Mar. 2024 was NT$48 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was NT$2,110 Mil.

Nan Liu Enterprise 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*47.639/-24.893
=1.91

* 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.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Nan Liu Enterprise Co Ltd interest coverage is 2, which is low.


Nan Liu Enterprise Co (TPE:6504) Business Description

Traded in Other Exchanges
N/A
Address
No. 699, Silin Road,, Yanchao District,, Kaohsiung County, TWN
Nan Liu Enterprise Co Ltd is a Taiwan-based company that is principally engaged in manufacturing and selling fabric materials, household goods, and skincare goods. The company's products consist of spunlace nonwoven fabrics, air-through/thermal-bonded nonwoven fabrics, disposable surgical gowns fabrics, wet wipes, and cosmetics. The company has a vertical integrated production process, from fabrics to secondary processing and then to finished products. The company distributes its products in Asia, especially in Taiwan, Mainland China, and Japan, which jointly contribute the majority of its total revenue.

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