Taiwan Styrene Monomer (TPE:1310) Interest Expense : NT$-21 Mil (TTM As of Mar. 2024)

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What is Taiwan Styrene Monomer Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Taiwan Styrene Monomer's interest expense for the three months ended in Mar. 2024 was NT$ -6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was NT$-21 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. Taiwan Styrene Monomer's Operating Income for the three months ended in Mar. 2024 was NT$ -78 Mil. Taiwan Styrene Monomer's Interest Expense for the three months ended in Mar. 2024 was NT$ -6 Mil. Taiwan Styrene Monomer 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.

Taiwan Styrene Monomer Interest Expense Historical Data

The historical data trend for Taiwan Styrene Monomer'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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Taiwan Styrene Monomer Interest Expense Chart

Taiwan Styrene Monomer Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-8.34

-4.62

-2.93

-7.54

-18.17

Taiwan Styrene Monomer 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															-3.29	-3.93	-5.37	-5.58	-5.90

Taiwan Styrene Monomer 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$-21 Mil.

Taiwan Styrene Monomer (TPE:1310) 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.

Taiwan Styrene Monomer's Interest Expense for the three months ended in Mar. 2024 was NT$-6 Mil. Its Operating Income for the three months ended in Mar. 2024 was NT$-78 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was NT$61 Mil.

Taiwan Styrene Monomer's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Taiwan Styrene Monomer did not have earnings to cover the interest expense.

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

Taiwan Styrene Monomer (TPE:1310) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Taiwan Styrene Monomer Corp (TPE:1310) » Definitions » Interest Expense

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Address

No. 6 Roosevelt Road, Sec. 1, 8th-1 Floor, Taipei, TWN

Website

https://www.smct.com.tw

Taiwan Styrene Monomer Corp is engaged in the manufacturing and distribution of styrene monomer and related products. The company also offers toluene that is used as an organic solvent and para-diethyl benzene, which is used as the solvent of polystyrene. The company's main customers for the polystyrene are ABS resin and synthetic rubber manufacturers. Its products are generally used in electrical appliances, machinery, electronics, automotive, packaging and other industries.

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