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Golden Long Teng Development Co (ROCO:3188) Interest Expense : NT$-0.4 Mil (TTM As of Mar. 2024)


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What is Golden Long Teng Development Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Golden Long Teng Development Co's interest expense for the three months ended in Mar. 2024 was NT$ -0.3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was NT$-0.4 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. Golden Long Teng Development Co's Operating Income for the three months ended in Mar. 2024 was NT$ 199.4 Mil. Golden Long Teng Development Co's Interest Expense for the three months ended in Mar. 2024 was NT$ -0.3 Mil. Golden Long Teng Development Co's Interest Coverage for the quarter that ended in Mar. 2024 was 697.28. 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.


Golden Long Teng Development Co Interest Expense Historical Data

The historical data trend for Golden Long Teng Development 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.

Golden Long Teng Development Co Interest Expense Chart

Golden Long Teng Development Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -21.50 -20.94 -18.81 -6.03 -4.38

Golden Long Teng Development Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
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 -3.40 -0.28 -0.06 -0.06 -0.29

Golden Long Teng Development 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$-0.4 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.


Golden Long Teng Development Co  (ROCO:3188) 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.

Golden Long Teng Development Co's Interest Expense for the three months ended in Mar. 2024 was NT$-0.3 Mil. Its Operating Income for the three months ended in Mar. 2024 was NT$199.4 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was NT$1,393.9 Mil.

Golden Long Teng Development 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*199.422/-0.286
=697.28

* 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.


Golden Long Teng Development Co (ROCO:3188) Business Description

Traded in Other Exchanges
N/A
Address
No. 33, Mingcheng 4th Road, Longshui Vil., Gushan District, Kaohsiung, TWN, 80457
Golden Long Teng Development Co Ltd is engaged in residential construction and building development. The company's segment includes Construction and Development Department and Construction Department. It generates maximum revenue from the Construction and Development Department segment.

Golden Long Teng Development Co (ROCO:3188) Headlines

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