Chicony Electronics Co (TPE:2385) Interest Expense : NT$-100 Mil (TTM As of Mar. 2024)

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What is Chicony Electronics Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Chicony Electronics Co's interest expense for the three months ended in Mar. 2024 was NT$ -18 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was NT$-100 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. Chicony Electronics Co's Operating Income for the three months ended in Mar. 2024 was NT$ 2,304 Mil. Chicony Electronics Co's Interest Expense for the three months ended in Mar. 2024 was NT$ -18 Mil. Chicony Electronics Co's Interest Coverage for the quarter that ended in Mar. 2024 was 131.10. 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.

Chicony Electronics Co Interest Expense Historical Data

The historical data trend for Chicony Electronics 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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Chicony Electronics Co Interest Expense Chart

Chicony Electronics Co Annual Data

Trend

Dec14

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Dec23

Interest Expense

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-123.13

-67.64

-59.67

-144.85

-125.91

Chicony Electronics 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															-43.86	-30.24	-32.15	-19.66	-17.58

Chicony Electronics 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$-100 Mil.

Chicony Electronics Co (TPE:2385) 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.

Chicony Electronics Co's Interest Expense for the three months ended in Mar. 2024 was NT$-18 Mil. Its Operating Income for the three months ended in Mar. 2024 was NT$2,304 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was NT$105 Mil.

Chicony Electronics 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	*	2304.477	/	-17.578
	=	131.10

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

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Chicony Electronics Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

Chicony Electronics Co (TPE:2385) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Chicony Electronics Co Ltd (TPE:2385) » Definitions » Interest Expense

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Address

No. 69, Guangfu Road, Section 2, Sanchong District, New Taipei, TWN, 24158

Website

https://www.chicony.com.tw

Chicony Electronics Co Ltd is engaged in the manufacturing and sales of keyboards and other computer peripheral components. The company has manufacturing bases in Suzhou, Dongguan, Chongqing in China and in the Czech Republic. The company also has branches in the United States and Japan. Its business centers around the manufacture of computer peripheral products and video-image products. The four major product lines are input devices, portable keyboard modules, visual and image products as well as camera lens modules, keyboards, Internet cameras and Notebook camera modules. The sales of sports video-recorders and external tablet keyboards have also been growing.

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