Powertech Technology (LUX:PWRCT) Interest Expense : $-10 Mil (TTM As of Mar. 2024)

View and export this data going back to 2006. Start your Free Trial

What is Powertech Technology Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Powertech Technology's interest expense for the three months ended in Mar. 2024 was $ -2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-10 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. Powertech Technology's Operating Income for the three months ended in Mar. 2024 was $ 65 Mil. Powertech Technology's Interest Expense for the three months ended in Mar. 2024 was $ -2 Mil. Powertech Technology's Interest Coverage for the quarter that ended in Mar. 2024 was 28.16. 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.

Powertech Technology Interest Expense Historical Data

The historical data trend for Powertech Technology'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.

Powertech Technology Interest Expense Chart

Powertech Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-11.45

-9.91

-8.22

-8.36

-10.46

Powertech Technology 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															-2.57	-2.72	-2.72	-2.48	-2.29

Powertech Technology 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 $-10 Mil.

Powertech Technology (LUX:PWRCT) 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.

Powertech Technology's Interest Expense for the three months ended in Mar. 2024 was $-2 Mil. Its Operating Income for the three months ended in Mar. 2024 was $65 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $611 Mil.

Powertech Technology'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	*	64.513	/	-2.291
	=	28.16

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

Powertech Technology (LUX:PWRCT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Powertech Technology Inc (LUX:PWRCT) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

6239:Taiwan

Address

No.10, Datong Road, HuKou, Hsinchu Industrial Park, Hsinchu, TWN, 30352

Website

https://www.pti.com.tw

Powertech Technology Inc is mainly engaged in the manufacturing, packaging, testing, researching and developing, designing, assembling and selling of various integrated circuit products. PTI also provides semiconductor testing and assembly services on a turnkey basis, in which PTI buys fabricated wafers and sells tested and assembled semiconductors. Geographically, the majority of revenue is derived from Japan & Taiwan. The company serves international customers with services including chip bumping, chip probing, IC assembly, final testing, burn-in, and system-level assembly.

Powertech Technology (LUX:PWRCT) Headlines

No Headlines