Merry Electronics Co (TPE:2439) Interest Expense : NT$-94 Mil (TTM As of Mar. 2024)

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What is Merry Electronics Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Merry Electronics Co's interest expense for the three months ended in Mar. 2024 was NT$ -24 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was NT$-94 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. Merry Electronics Co's Operating Income for the three months ended in Mar. 2024 was NT$ 182 Mil. Merry Electronics Co's Interest Expense for the three months ended in Mar. 2024 was NT$ -24 Mil. Merry Electronics Co's Interest Coverage for the quarter that ended in Mar. 2024 was 7.50. 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.

Merry Electronics Co Interest Expense Historical Data

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

Merry Electronics Co Annual Data

Trend

Dec14

Dec15

Dec16

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Dec19

Dec20

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Dec22

Dec23

Interest Expense

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-81.32

-60.82

-84.33

-105.64

-100.50

Merry 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															-31.24	-22.22	-21.02	-26.02	-24.30

Merry 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$-94 Mil.

Merry Electronics Co (TPE:2439) 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.

Merry Electronics Co's Interest Expense for the three months ended in Mar. 2024 was NT$-24 Mil. Its Operating Income for the three months ended in Mar. 2024 was NT$182 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was NT$928 Mil.

Merry 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	*	182.299	/	-24.295
	=	7.50

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

Merry Electronics Co (TPE:2439) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Merry Electronics Co Ltd (TPE:2439) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

No. 22, 23 Road, Taichung Industrial Park, Nantun District, Taichung, TWN, 408213

Website

https://www.merry.com.tw

Merry Electronics Co Ltd is a Taiwan-based company that is engaged in producing and selling products including headsets, speakers, microphones, batteries, and personal sound amplifiers. The company's products are applied to a series of business areas, including mobile devices, audio visual devices, computer peripherals, consumer electronics, and healthcare. The company has service sites located around the world, including in Asia and the Americas.

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