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QST International (ROCO:8349) Interest Expense : NT$-227 Mil (TTM As of Mar. 2024)


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What is QST International Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. QST International's interest expense for the three months ended in Mar. 2024 was NT$ -53 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was NT$-227 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. QST International's Operating Income for the three months ended in Mar. 2024 was NT$ 285 Mil. QST International's Interest Expense for the three months ended in Mar. 2024 was NT$ -53 Mil. QST International's Interest Coverage for the quarter that ended in Mar. 2024 was 5.37. 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.


QST International Interest Expense Historical Data

The historical data trend for QST International'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.

QST International Interest Expense Chart

QST International 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 -117.98 -99.33 -76.65 -126.00 -224.10

QST International 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 -50.29 -54.16 -58.14 -61.51 -53.06

QST International 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$-227 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.


QST International  (ROCO:8349) 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.

QST International's Interest Expense for the three months ended in Mar. 2024 was NT$-53 Mil. Its Operating Income for the three months ended in Mar. 2024 was NT$285 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was NT$5,398 Mil.

QST International'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*284.792/-53.061
=5.37

* 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.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. QST International Corp interest coverage is 4.17, which is low.


QST International (ROCO:8349) Business Description

Traded in Other Exchanges
Address
3F., No.203, Sector 1, Chang Rong Road, Tainan, TWN, 70143
QST International Corp is a Taiwan-based company. It is engaged in manufacturing and distributing automotive and industrial fasteners. The company produces various fasteners, fittings, cold-formed parts, nuts, bolts, screw-machined parts, stampings, metal assemblies, and other products. The company also offers third-party testing and consulting services, training services, and logistics services. It also focuses on providing a remote inventory replenishment program.

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