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Everspring Industry Co (TPE:2390) Interest Expense : NT$-4.8 Mil (TTM As of Mar. 2024)


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What is Everspring Industry Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Everspring Industry Co's interest expense for the three months ended in Mar. 2024 was NT$ -1.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was NT$-4.8 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. Everspring Industry Co's Operating Income for the three months ended in Mar. 2024 was NT$ -8.1 Mil. Everspring Industry Co's Interest Expense for the three months ended in Mar. 2024 was NT$ -1.0 Mil. Everspring Industry Co did not have earnings to cover the interest expense. 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.


Everspring Industry Co Interest Expense Historical Data

The historical data trend for Everspring Industry 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.

Everspring Industry Co Interest Expense Chart

Everspring Industry 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 -5.65 -4.94 -2.19 -3.30 -4.89

Everspring Industry 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 -1.05 -1.22 -1.24 -1.38 -1.00

Everspring Industry 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$-4.8 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.


Everspring Industry Co  (TPE:2390) 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.

Everspring Industry Co's Interest Expense for the three months ended in Mar. 2024 was NT$-1.0 Mil. Its Operating Income for the three months ended in Mar. 2024 was NT$-8.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was NT$8.2 Mil.

Everspring Industry Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Everspring Industry Co did not have earnings to cover the interest expense.

* 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.


Everspring Industry Co (TPE:2390) Business Description

Traded in Other Exchanges
N/A
Address
Zhonghua Road, 3rd Floor, No.50, Sec. 1, Tucheng District, New Taipei City, TWN, 23666
Everspring Industry Co Ltd is a Taiwan-based company engaged in the production of burglar alarms, surveillance devices, home automation appliances, and security lighting. It offers home and building solutions that cover product portfolios such as wireless alarms, solar sirens, chimes, smoke detectors, panic buttons, door contact sensors, flood detectors, dimmer plugs, door and window sensors, and other related products. Its reportable segments of the group are Intelligent security control which generates a majority of the revenue and, Security service segment.

Everspring Industry Co (TPE:2390) Headlines

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