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Grade Upon Technology (ROCO:6739) Interest Expense : NT$-0.5 Mil (TTM As of Dec. 2023)


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What is Grade Upon Technology Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Grade Upon Technology's interest expense for the six months ended in Dec. 2023 was NT$ -0.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was NT$-0.5 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. Grade Upon Technology's Operating Income for the six months ended in Dec. 2023 was NT$ 34.8 Mil. Grade Upon Technology's Interest Expense for the six months ended in Dec. 2023 was NT$ -0.1 Mil. Grade Upon Technology's Interest Coverage for the quarter that ended in Dec. 2023 was 386.37. 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.


Grade Upon Technology Interest Expense Historical Data

The historical data trend for Grade Upon 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.

* Premium members only.

Grade Upon Technology Interest Expense Chart

Grade Upon Technology Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -0.28 -0.71 -0.49 -0.48 -0.52

Grade Upon Technology Semi-Annual Data
Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.36 -0.20 -0.27 -0.43 -0.09

Grade Upon 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was NT$-0.5 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.


Grade Upon Technology  (ROCO:6739) 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.

Grade Upon Technology's Interest Expense for the six months ended in Dec. 2023 was NT$-0.1 Mil. Its Operating Income for the six months ended in Dec. 2023 was NT$34.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was NT$35.3 Mil.

Grade Upon Technology'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*34.773/-0.09
=386.37

* 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Grade Upon Technology Corp has enough cash to cover all of its debt. Its financial situation is stable.


Grade Upon Technology (ROCO:6739) Business Description

Traded in Other Exchanges
N/A
Address
No.1, Baotai 6th Road, Hsinchu County, Zhubei, TWN, 30244
Grade Upon Technology Corp is specializing in R&D and design for industrial process equipment and monitoring equipment as the core technology of its IC Design. Its products include IoT fast platform, LG16 / LG216 Liquid flow sensor / Flowmeter, SLQ-HC60 flow meter, ASL-1600 Liquid Flow Meter, MSD online system among others.

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