Sports Gear Co (TPE:6768) Interest Expense : NT$-102 Mil (TTM As of Mar. 2024)

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What is Sports Gear Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sports Gear Co's interest expense for the three months ended in Mar. 2024 was NT$ -23 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was NT$-102 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. Sports Gear Co's Operating Income for the three months ended in Mar. 2024 was NT$ 303 Mil. Sports Gear Co's Interest Expense for the three months ended in Mar. 2024 was NT$ -23 Mil. Sports Gear Co's Interest Coverage for the quarter that ended in Mar. 2024 was 13.30. 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.

Sports Gear Co Interest Expense Historical Data

The historical data trend for Sports Gear 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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Sports Gear Co Interest Expense Chart

Sports Gear Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-136.86

-115.30

-79.56

-74.61

-99.96

Sports Gear Co Quarterly Data
	Dec17	Dec18	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															-20.62	-22.96	-36.04	-20.34	-22.78

Sports Gear 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$-102 Mil.

Sports Gear Co (TPE:6768) 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.

Sports Gear Co's Interest Expense for the three months ended in Mar. 2024 was NT$-23 Mil. Its Operating Income for the three months ended in Mar. 2024 was NT$303 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was NT$1,641 Mil.

Sports Gear 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	*	302.881	/	-22.78
	=	13.30

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

Sports Gear Co (TPE:6768) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Sports Gear Co Ltd (TPE:6768) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

802 West Bay Road, Oleander Way,, The Grand Pavilion Commercial Centre, P.O. Box 32052, Grand Cayman, CYM, 1208

Website

http://www.sportsgear.com.tw

Sports Gear Co Ltd is engaged in the manufacturing, import, and export of shoes and other sports-related products. The company produces and sells Casual shoes, Sports Shoes and others.

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