Alltek Technology (TPE:3209) Interest Expense : NT$-525 Mil (TTM As of Mar. 2024)

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What is Alltek Technology Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Alltek Technology's interest expense for the three months ended in Mar. 2024 was NT$ -104 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was NT$-525 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. Alltek Technology's Operating Income for the three months ended in Mar. 2024 was NT$ 279 Mil. Alltek Technology's Interest Expense for the three months ended in Mar. 2024 was NT$ -104 Mil. Alltek Technology's Interest Coverage for the quarter that ended in Mar. 2024 was 2.67. 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.

Alltek Technology Interest Expense Historical Data

The historical data trend for Alltek Technology'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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Alltek Technology Interest Expense Chart

Alltek Technology Annual Data

Trend

Dec14

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Dec23

Interest Expense

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-238.11

-127.56

-81.19

-228.53

-533.79

Alltek Technology 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															-112.71	-136.44	-147.53	-137.11	-104.26

Alltek Technology 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$-525 Mil.

Alltek Technology (TPE:3209) 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.

Alltek Technology's Interest Expense for the three months ended in Mar. 2024 was NT$-104 Mil. Its Operating Income for the three months ended in Mar. 2024 was NT$279 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was NT$1,063 Mil.

Alltek Technology'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	*	278.652	/	-104.264
	=	2.67

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

Alltek Technology (TPE:3209) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Alltek Technology Corp (TPE:3209) » Definitions » Interest Expense

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Traded in Other Exchanges

N/A

Address

Ruei Guang Road, 9 Floor, No.360, Neihu, Taipei, TWN, 114

Website

https://www.alltek.com

Alltek Technology Corp operates as a professional communication components distributor and solution provider. It provides wired broadband components, wireless communication components, optical communication components, voice processing components, communication protection components, and others. The company's segment include; Alltek Technology Corp, Alltek Group Corp, Pantek Technology Corp, and Others. Majority of the company's revenue is contributed by the Alltek Technology Corp segment. The company operates in Taiwan. China and Others.

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