Taiwan Shin Kong Security Co (TPE:9925) Interest Expense : NT$-43 Mil (TTM As of Mar. 2024)

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What is Taiwan Shin Kong Security Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Taiwan Shin Kong Security Co's interest expense for the three months ended in Mar. 2024 was NT$ -11 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was NT$-43 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. Taiwan Shin Kong Security Co's Operating Income for the three months ended in Mar. 2024 was NT$ 202 Mil. Taiwan Shin Kong Security Co's Interest Expense for the three months ended in Mar. 2024 was NT$ -11 Mil. Taiwan Shin Kong Security Co's Interest Coverage for the quarter that ended in Mar. 2024 was 18.91. 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.

Taiwan Shin Kong Security Co Interest Expense Historical Data

The historical data trend for Taiwan Shin Kong Security 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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Taiwan Shin Kong Security Co Interest Expense Chart

Taiwan Shin Kong Security Co Annual Data

Trend

Dec14

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Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-17.48

-19.53

-23.30

-30.42

-42.47

Taiwan Shin Kong Security 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															-10.35	-10.12	-10.92	-11.09	-10.70

Taiwan Shin Kong Security 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$-43 Mil.

Taiwan Shin Kong Security Co (TPE:9925) 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.

Taiwan Shin Kong Security Co's Interest Expense for the three months ended in Mar. 2024 was NT$-11 Mil. Its Operating Income for the three months ended in Mar. 2024 was NT$202 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was NT$270 Mil.

Taiwan Shin Kong Security 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	*	202.324	/	-10.701
	=	18.91

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

Taiwan Shin Kong Security Co (TPE:9925) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Taiwan Shin Kong Security Co Ltd (TPE:9925) » Definitions » Interest Expense

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Traded in Other Exchanges

N/A

Address

No. 128, Xing'ai Road, Neihu District, Taipei, TWN

Website

https://www.sks.com.tw

Taiwan Shin Kong Security Co Ltd is a Taiwanese security systems provider. The company's range of products and services includes residential security systems, monitoring systems, safety products, home protection systems, long-term home care systems, vehicle security systems, and commercial security systems for factories, offices, hospitals, and retail shops, as well as security robotics research and development. Taiwan Shin Kong Security is part of the Shin Kong Group, which operates companies in the financial services, energy, real estate, manufacturing, healthcare, and consumer service sectors.

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