Ruentex Materials Co (TPE:8463) Interest Expense : NT$-63 Mil (TTM As of Mar. 2024)

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What is Ruentex Materials Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ruentex Materials Co's interest expense for the three months ended in Mar. 2024 was NT$ -15 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was NT$-63 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. Ruentex Materials Co's Operating Income for the three months ended in Mar. 2024 was NT$ 118 Mil. Ruentex Materials Co's Interest Expense for the three months ended in Mar. 2024 was NT$ -15 Mil. Ruentex Materials Co's Interest Coverage for the quarter that ended in Mar. 2024 was 7.68. 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.

Ruentex Materials Co Interest Expense Historical Data

The historical data trend for Ruentex Materials 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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Ruentex Materials Co Interest Expense Chart

Ruentex Materials Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-17.70

-18.27

-22.49

-40.65

-64.29

Ruentex Materials 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															-16.35	-16.43	-16.01	-15.50	-15.42

Ruentex Materials 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$-63 Mil.

Ruentex Materials Co (TPE:8463) 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.

Ruentex Materials Co's Interest Expense for the three months ended in Mar. 2024 was NT$-15 Mil. Its Operating Income for the three months ended in Mar. 2024 was NT$118 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was NT$2,715 Mil.

Ruentex Materials 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	*	118.408	/	-15.419
	=	7.68

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

Ruentex Materials Co (TPE:8463) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Ruentex Materials Co Ltd (TPE:8463) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 308, Section 2, Bade Road, 10th Floor, Taipei, TWN

Website

http://www.rtm.com.tw

Ruentex Materials Co Ltd is engaged in the manufacturing and sale of semi-finished cement products. The company is also engaged in mining, manufacturing, and distribution of cement raw materials and mining and distribution of mineral ore, quarrying, building materials development, manufacture, and distribution, manufacture, and sale of clay used for wall primer, powder coating material, tile adhesive, self-leveling cement, and dry-mixed cement mortar applications The product portfolio of the company includes Portland blast furnace cement, Portland cement, Hearth powder, Mortar, and Elastic Cement among others.

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