Quanta Storage (ROCO:6188) Interest Expense : NT$-3 Mil (TTM As of Mar. 2024)

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What is Quanta Storage Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Quanta Storage's interest expense for the three months ended in Mar. 2024 was NT$ -1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was NT$-3 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. Quanta Storage's Operating Income for the three months ended in Mar. 2024 was NT$ 177 Mil. Quanta Storage's Interest Expense for the three months ended in Mar. 2024 was NT$ -1 Mil. Quanta Storage's Interest Coverage for the quarter that ended in Mar. 2024 was 276.80. 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.

Quanta Storage Interest Expense Historical Data

The historical data trend for Quanta Storage'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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Quanta Storage Interest Expense Chart

Quanta Storage Annual Data

Trend

Dec14

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Dec23

Interest Expense

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-41.38

-3.12

-5.51

-4.18

-3.25

Quanta Storage 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															-0.93	-0.84	-0.74	-0.74	-0.64

Quanta Storage 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$-3 Mil.

Quanta Storage (ROCO:6188) 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.

Quanta Storage's Interest Expense for the three months ended in Mar. 2024 was NT$-1 Mil. Its Operating Income for the three months ended in Mar. 2024 was NT$177 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was NT$39 Mil.

Quanta Storage'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	*	177.431	/	-0.641
	=	276.80

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

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Quanta Storage Inc has enough cash to cover all of its debt. Its financial situation is stable.

Quanta Storage (ROCO:6188) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Quanta Storage Inc (ROCO:6188) » Definitions » Interest Expense

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Address

6th Floor, No. 58-2, Huaya 2nd Road, Guishan District, Taoyuan, TWN, 333411

Website

http://www.qsitw.com

Quanta Storage Inc. is a Taiwan-based company, engaged in the research and development, design, manufacture, and supply of optical storage products. It offers a product such as storage and peripheral products which include NAS, DAS, USB-C power delivery and mini docks, adapters, and Wi-Fi storage products, solid state drives and intelligent automation systems. Geographically, it derives a majority of revenue from Mainland China.

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