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Cleanaway Co (TPE:8422) Interest Expense : NT$-100 Mil (TTM As of Jun. 2024)


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What is Cleanaway Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Cleanaway Co's interest expense for the three months ended in Jun. 2024 was NT$ -35 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was NT$-100 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. Cleanaway Co's Operating Income for the three months ended in Jun. 2024 was NT$ 365 Mil. Cleanaway Co's Interest Expense for the three months ended in Jun. 2024 was NT$ -35 Mil. Cleanaway Co's Interest Coverage for the quarter that ended in Jun. 2024 was 10.50. 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.

Cleanaway Co Interest Expense Historical Data

The historical data trend for Cleanaway 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.

Cleanaway Co Interest Expense Chart

Cleanaway 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 -9.89 -6.22 -6.52 -33.51 -80.15

Cleanaway Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -18.70 -21.36 -22.23 -21.89 -34.75

Cleanaway 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$-100 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.

Cleanaway Co  (TPE:8422) 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.

Cleanaway Co's Interest Expense for the three months ended in Jun. 2024 was NT$-35 Mil. Its Operating Income for the three months ended in Jun. 2024 was NT$365 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was NT$7,473 Mil.

Cleanaway Co's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2024 )/Interest Expense (Q: Jun. 2024 )
=-1*365.066/-34.754
=10.50

* 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.

Cleanaway Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Cleanaway Co Ltd (TPE:8422) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
No. 308, Zhongshan South Road, 1st Floor, Houhong Village, Gangshan District, Kaohsiung, TWN, 820
Website
https://www.cleanaway.tw
Cleanaway Co Ltd offers one-stop-shop services for treating forms of waste. It treats various industrial and hazardous waste materials and owns private landfills for final disposal in Taiwan. The company provides systems for daily activities and solutions for cleaning up contaminated sites. Cleaning an entire location can require on-site sampling and experimental studies to return the location to its natural form. Cleanway provides technologies, contracts, clearance, and transportation to the designated landfill, and it enforces strict compliance with all regulations. Part of the process focuses on quality control and random testing to prevent non-treated or unapproved wastes from entering the company's landfills.

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