GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » GlobalWafers Co Ltd (ROCO:6488) » Definitions » Interest Expense

GlobalWafers Co (ROCO:6488) Interest Expense : NT$-697 Mil (TTM As of Mar. 2024)


View and export this data going back to 2014. Start your Free Trial

What is GlobalWafers Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. GlobalWafers Co's interest expense for the three months ended in Mar. 2024 was NT$ -201 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was NT$-697 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. GlobalWafers Co's Operating Income for the three months ended in Mar. 2024 was NT$ 3,967 Mil. GlobalWafers Co's Interest Expense for the three months ended in Mar. 2024 was NT$ -201 Mil. GlobalWafers Co's Interest Coverage for the quarter that ended in Mar. 2024 was 19.72. 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.

GlobalWafers Co Interest Expense Historical Data

The historical data trend for GlobalWafers 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.

GlobalWafers Co Interest Expense Chart

GlobalWafers Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -71.71 -73.66 -307.74 -481.82 -653.29

GlobalWafers 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 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 -157.14 -165.46 -164.04 -166.65 -201.18

GlobalWafers 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$-697 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.

GlobalWafers Co  (ROCO:6488) 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.

GlobalWafers Co's Interest Expense for the three months ended in Mar. 2024 was NT$-201 Mil. Its Operating Income for the three months ended in Mar. 2024 was NT$3,967 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was NT$29,007 Mil.

GlobalWafers 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*3966.53/-201.177
=19.72

* 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.

GlobalWafers Co (ROCO:6488) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » GlobalWafers Co Ltd (ROCO:6488) » Definitions » Interest Expense
Comparable Companies
TPE:2379 TPE:3661 TPE:2408 TPE:3443 ROCO:3529 TPE:3034 ROCO:5347 TPE:6415 TPE:6770 ROCO:5274 NVDA TPE:2330 AVGO AMD INTC TXN QCOM ADI MU XKRX:000660
Traded in Other Exchanges
N/A
Address
No. 8, Industrial East Road 2, Science-Based Industrial Park, Hsinchu, TWN
Website
https://www.sas-globalwafers.com
GlobalWafers is 51% owned by Sino-American Silicon Products Inc, after being spun off in 2011. The main source of the company's revenue is selling silicon wafers to chipmakers like Taiwan Semiconductor and Texas Instruments. It also derives sales from nonsilicon wafers and green energy. GlobalWafers runs 17 production sites in nine countries across Asia, North America, and Europe. GlobalWafers is headquartered in Hsinchu, Taiwan, and employs over 7,000 people.

GlobalWafers Co (ROCO:6488) Headlines

No Headlines