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Taiwan High Speed Rail (TPE:2633) Interest Expense : NT$-6,816 Mil (TTM As of Dec. 2023)


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What is Taiwan High Speed Rail Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Taiwan High Speed Rail's interest expense for the three months ended in Dec. 2023 was NT$ -1,718 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was NT$-6,816 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. Taiwan High Speed Rail's Operating Income for the three months ended in Dec. 2023 was NT$ 5,496 Mil. Taiwan High Speed Rail's Interest Expense for the three months ended in Dec. 2023 was NT$ -1,718 Mil. Taiwan High Speed Rail's Interest Coverage for the quarter that ended in Dec. 2023 was 3.20. 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.


Taiwan High Speed Rail Interest Expense Historical Data

The historical data trend for Taiwan High Speed Rail'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.

Taiwan High Speed Rail Interest Expense Chart

Taiwan High Speed Rail 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 -6,454.62 -5,919.21 -5,757.24 -6,231.82 -6,815.55

Taiwan High Speed Rail Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -1,682.29 -1,667.44 -1,706.08 -1,723.85 -1,718.19

Taiwan High Speed Rail 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$-6,816 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.


Taiwan High Speed Rail  (TPE:2633) 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.

Taiwan High Speed Rail's Interest Expense for the three months ended in Dec. 2023 was NT$-1,718 Mil. Its Operating Income for the three months ended in Dec. 2023 was NT$5,496 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was NT$222,610 Mil.

Taiwan High Speed Rail's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*5495.784/-1718.194
=3.20

* 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. Taiwan High Speed Rail Corp interest coverage is 3.01, which is low.


Taiwan High Speed Rail (TPE:2633) Business Description

Traded in Other Exchanges
N/A
Address
No. 66, Jingmao 2nd Road, 13th Floor, Nangang District, Taipei, TWN, 11568
Taiwan High Speed Rail Corp is principally engaged in the operation of the high-speed railway system in Taiwan. It generates revenue in the form of railroad transportation revenue.

Taiwan High Speed Rail (TPE:2633) Headlines

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