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Man Zai Industries Co (ROCO:4543) Interest Expense : NT$-10.6 Mil (TTM As of Mar. 2024)


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What is Man Zai Industries Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Man Zai Industries Co's interest expense for the three months ended in Mar. 2024 was NT$ -2.7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was NT$-10.6 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. Man Zai Industries Co's Operating Income for the three months ended in Mar. 2024 was NT$ 19.3 Mil. Man Zai Industries Co's Interest Expense for the three months ended in Mar. 2024 was NT$ -2.7 Mil. Man Zai Industries Co's Interest Coverage for the quarter that ended in Mar. 2024 was 7.08. 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.


Man Zai Industries Co Interest Expense Historical Data

The historical data trend for Man Zai Industries 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.

Man Zai Industries Co Interest Expense Chart

Man Zai Industries 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 -4.68 -5.24 -5.46 -7.45 -10.38

Man Zai Industries 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 -2.47 -2.79 -2.49 -2.64 -2.72

Man Zai Industries 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$-10.6 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.


Man Zai Industries Co  (ROCO:4543) 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.

Man Zai Industries Co's Interest Expense for the three months ended in Mar. 2024 was NT$-2.7 Mil. Its Operating Income for the three months ended in Mar. 2024 was NT$19.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was NT$211.7 Mil.

Man Zai Industries 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*19.285/-2.723
=7.08

* 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.


Man Zai Industries Co (ROCO:4543) Business Description

Traded in Other Exchanges
N/A
Address
Zhongshan Road, Number 260, Section 2, Guanmiao District, Tainan, TWN, 718
Man Zai Industries Co Ltd is involved in developing and manufacturing of air conditioning products for automobiles. Its products include Auto Air-con Modules, Auto/Motorcycle Cooling Module, Thermal-electric cooling modules, Aluminum Extrusion Products, and Domestic Air-con and Refrigeration.

Man Zai Industries Co (ROCO:4543) Headlines

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