Morn Sun Feed Mill Co (ROCO:1240) Interest Expense : NT$-9 Mil (TTM As of Mar. 2024)

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What is Morn Sun Feed Mill Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Morn Sun Feed Mill Co's interest expense for the three months ended in Mar. 2024 was NT$ -3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was NT$-9 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. Morn Sun Feed Mill Co's Operating Income for the three months ended in Mar. 2024 was NT$ 30 Mil. Morn Sun Feed Mill Co's Interest Expense for the three months ended in Mar. 2024 was NT$ -3 Mil. Morn Sun Feed Mill Co's Interest Coverage for the quarter that ended in Mar. 2024 was 11.42. 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.

Morn Sun Feed Mill Co Interest Expense Historical Data

The historical data trend for Morn Sun Feed Mill 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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Morn Sun Feed Mill Co Interest Expense Chart

Morn Sun Feed Mill Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-3.53

-3.54

-3.11

-7.63

-9.57

Morn Sun Feed Mill 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															-2.89	-2.62	-2.14	-1.92	-2.58

Morn Sun Feed Mill 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$-9 Mil.

Morn Sun Feed Mill Co (ROCO:1240) 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.

Morn Sun Feed Mill Co's Interest Expense for the three months ended in Mar. 2024 was NT$-3 Mil. Its Operating Income for the three months ended in Mar. 2024 was NT$30 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was NT$46 Mil.

Morn Sun Feed Mill 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	*	29.504	/	-2.583
	=	11.42

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

Morn Sun Feed Mill Co (ROCO:1240) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Morn Sun Feed Mill Co Ltd (ROCO:1240) » Definitions » Interest Expense

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Traded in Other Exchanges

N/A

Address

No. 30, Heping West Road, 2nd Floor, Zhongzheng District, Taipei, TWN

Website

http://www.morn-sun.com.tw

Morn Sun Feed Mill Co Ltd is engaged in the manufacture and processing and the sale of feed and raw materials for poultry and animal husbandry. It also generates revenue from warehouse rental income and sales of breeding pigs.

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