Texture Maker Enterprise Co (ROCO:6963) Interest Expense : NT$-9.6 Mil (TTM As of Dec. 2023)

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What is Texture Maker Enterprise Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Texture Maker Enterprise Co's interest expense for the six months ended in Dec. 2023 was NT$ -4.8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was NT$-9.6 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. Texture Maker Enterprise Co's Operating Income for the six months ended in Dec. 2023 was NT$ 5.2 Mil. Texture Maker Enterprise Co's Interest Expense for the six months ended in Dec. 2023 was NT$ -4.8 Mil. Texture Maker Enterprise Co's Interest Coverage for the quarter that ended in Dec. 2023 was 1.08. 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.

Texture Maker Enterprise Co Interest Expense Historical Data

The historical data trend for Texture Maker Enterprise 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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Texture Maker Enterprise Co Interest Expense Chart

Texture Maker Enterprise Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Interest Expense

-6.96

-9.35

-9.61

Texture Maker Enterprise Co Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	-	-4.41	-4.94	-4.83	-4.78

Texture Maker Enterprise 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was NT$-9.6 Mil.

Texture Maker Enterprise Co (ROCO:6963) 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.

Texture Maker Enterprise Co's Interest Expense for the six months ended in Dec. 2023 was NT$-4.8 Mil. Its Operating Income for the six months ended in Dec. 2023 was NT$5.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was NT$142.3 Mil.

Texture Maker Enterprise Co'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	*	5.183	/	-4.781
	=	1.08

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

Texture Maker Enterprise Co (ROCO:6963) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Texture Maker Enterprise Co Ltd (ROCO:6963) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Zhongzheng E. Road, 28F., No.27-8, Sec. 2, Tamsui District, New Taipei City, TWN, 251

Website

https://www.texturemaker.com.tw

Texture Maker Enterprise Co Ltd is a is a food ingredient R&D center and also a premix manufacturer. It is engaged in developing innovative food textures and includes three categories Bakery, Beverage, and food texture. Its bakery products include Mochi bread mix, Mojo Mix, Purple yam bread mix, etc. Beverage products include vegan non-dairy creamer, Non-dairy creamer, Banana beverage powder, etc. Food texture products include Korean-style dipping sauce, Japanese-style fried chicken mix, Fried seafood coating mix etc.

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