GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Gold Rain Enterprises Corp (ROCO:4503) » Definitions » Interest Expense

Gold Rain Enterprises (ROCO:4503) Interest Expense : NT$-0.9 Mil (TTM As of Mar. 2024)


View and export this data going back to 1996. Start your Free Trial

What is Gold Rain Enterprises Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Gold Rain Enterprises's interest expense for the three months ended in Mar. 2024 was NT$ -0.2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was NT$-0.9 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. Gold Rain Enterprises's Operating Income for the three months ended in Mar. 2024 was NT$ -25.5 Mil. Gold Rain Enterprises's Interest Expense for the three months ended in Mar. 2024 was NT$ -0.2 Mil. Gold Rain Enterprises 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.


Gold Rain Enterprises Interest Expense Historical Data

The historical data trend for Gold Rain Enterprises'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.

Gold Rain Enterprises Interest Expense Chart

Gold Rain Enterprises 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 -1.00 -1.12 -1.60 -2.21 -1.00

Gold Rain Enterprises 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 -0.30 -0.19 -0.23 -0.27 -0.24

Gold Rain Enterprises 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$-0.9 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.


Gold Rain Enterprises  (ROCO:4503) 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.

Gold Rain Enterprises's Interest Expense for the three months ended in Mar. 2024 was NT$-0.2 Mil. Its Operating Income for the three months ended in Mar. 2024 was NT$-25.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was NT$17.9 Mil.

Gold Rain Enterprises's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Gold Rain Enterprises 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.


Gold Rain Enterprises (ROCO:4503) Business Description

Traded in Other Exchanges
N/A
Address
No. 101, Lane 411, PU-NEI Street, Yen-Ho Li, Chang Hua, TWN
Gold Rain Enterprises Corp is a Taiwan based manufacturer of vending machines. It offers KIOSK information service machines comprising of digital vending machines, post machines, digital photo printers, knocking gamers, parking ticket machines, and coin meters. In addition to the research and development and manufacturing of vending machines, it provides a complete line of mechanical foundry and assembly services with complete production line tools, such as various types of molds, punching beds, laser cutting, painting, welding and assembly lines.

Gold Rain Enterprises (ROCO:4503) Headlines

No Headlines