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Luxe Green Energy Technology Co (TPE:1529) Interest Expense : NT$-24.5 Mil (TTM As of Mar. 2024)


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What is Luxe Green Energy Technology Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Luxe Green Energy Technology Co's interest expense for the three months ended in Mar. 2024 was NT$ -6.9 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was NT$-24.5 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. Luxe Green Energy Technology Co's Operating Income for the three months ended in Mar. 2024 was NT$ 8.5 Mil. Luxe Green Energy Technology Co's Interest Expense for the three months ended in Mar. 2024 was NT$ -6.9 Mil. Luxe Green Energy Technology Co's Interest Coverage for the quarter that ended in Mar. 2024 was 1.24. 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.

Luxe Green Energy Technology Co Interest Expense Historical Data

The historical data trend for Luxe Green Energy Technology 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.

Luxe Green Energy Technology Co Interest Expense Chart

Luxe Green Energy Technology 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 -4.91 -10.36 -10.21 -11.08 -22.66

Luxe Green Energy Technology 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 -5.02 -6.86 -6.58 -4.20 -6.87

Luxe Green Energy Technology 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$-24.5 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.

Luxe Green Energy Technology Co  (TPE:1529) 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.

Luxe Green Energy Technology Co's Interest Expense for the three months ended in Mar. 2024 was NT$-6.9 Mil. Its Operating Income for the three months ended in Mar. 2024 was NT$8.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was NT$927.1 Mil.

Luxe Green Energy Technology 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*8.521/-6.868
=1.24

* 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.

Luxe Green Energy Technology Co (TPE:1529) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Luxe Green Energy Technology Co Ltd (TPE:1529) » Definitions » Interest Expense
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ROCO:6788 ROCO:5013 TPE:8249 ROCO:6895 ROCO:5227 TPE:3092 ROCO:3071 ROCO:3226 TPE:1597 ROCO:3484 SZSE:300750 XSWX:ABBN BKK:DELTA TSE:6503 SZSE:300124 XPAR:LR SZSE:300274 HUBB XKRX:247540 VRT
Traded in Other Exchanges
N/A
Address
No. 114, Chenggong Road, 7th Floor, North District, Tainan, TWN
Website
https://www.luxe.com.tw
Luxe Green Energy Technology Co Ltd is engaged in the designing, manufacturing, installation, and trading of electrical products. The products offered by the company include Molded transformers, Switchboards, Feeder automation, and others.

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