BenQ Materials (TPE:8215) Interest Expense : NT$-123 Mil (TTM As of Mar. 2024)

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What is BenQ Materials Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. BenQ Materials's interest expense for the three months ended in Mar. 2024 was NT$ -31 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was NT$-123 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. BenQ Materials's Operating Income for the three months ended in Mar. 2024 was NT$ 97 Mil. BenQ Materials's Interest Expense for the three months ended in Mar. 2024 was NT$ -31 Mil. BenQ Materials's Interest Coverage for the quarter that ended in Mar. 2024 was 3.17. 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.

BenQ Materials Interest Expense Historical Data

The historical data trend for BenQ Materials'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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BenQ Materials Interest Expense Chart

BenQ Materials Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-81.96

-61.39

-42.07

-51.57

-122.16

BenQ Materials 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															-29.55	-30.86	-30.59	-31.17	-30.60

BenQ Materials 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$-123 Mil.

BenQ Materials (TPE:8215) 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.

BenQ Materials's Interest Expense for the three months ended in Mar. 2024 was NT$-31 Mil. Its Operating Income for the three months ended in Mar. 2024 was NT$97 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was NT$5,467 Mil.

BenQ Materials'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	*	97.025	/	-30.604
	=	3.17

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. BenQ Materials Corp interest coverage is 4.64, which is low.

BenQ Materials (TPE:8215) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » BenQ Materials Corp (TPE:8215) » Definitions » Interest Expense

Comparable Companies

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N/A

Address

29 Jianguo East Road, Gueishan District, Taoyuan, TWN, 333403

Website

https://www.benqmaterials.com

BenQ Materials Corp is engaged in the manufacturing and sales of film sheet products and medical equipment. Its products include polarizer films; optical films for touch panels; E-paper, industrial tapes; and smart optical films. The company also provides healthcare products, including hydrocolloid dressings for moist wound management and silicone gel for scar prevention; and contact lenses.

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