GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Tigerair Taiwan Co Ltd (TPE:6757) » Definitions » Interest Expense

Tigerair Taiwan Co (TPE:6757) Interest Expense : NT$-244 Mil (TTM As of Mar. 2024)


View and export this data going back to 2019. Start your Free Trial

What is Tigerair Taiwan Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Tigerair Taiwan Co's interest expense for the three months ended in Mar. 2024 was NT$ -68 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was NT$-244 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. Tigerair Taiwan Co's Operating Income for the three months ended in Mar. 2024 was NT$ 1,236 Mil. Tigerair Taiwan Co's Interest Expense for the three months ended in Mar. 2024 was NT$ -68 Mil. Tigerair Taiwan Co's Interest Coverage for the quarter that ended in Mar. 2024 was 18.10. 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.


Tigerair Taiwan Co Interest Expense Historical Data

The historical data trend for Tigerair Taiwan 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.

Tigerair Taiwan Co Interest Expense Chart

Tigerair Taiwan Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -249.24 -219.87 -203.27 -240.24 -243.66

Tigerair Taiwan Co Quarterly Data
Jun18 Dec18 Jun19 Dec19 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 -68.41 -54.81 -52.75 -67.69 -68.27

Tigerair Taiwan 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$-244 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.


Tigerair Taiwan Co  (TPE:6757) 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.

Tigerair Taiwan Co's Interest Expense for the three months ended in Mar. 2024 was NT$-68 Mil. Its Operating Income for the three months ended in Mar. 2024 was NT$1,236 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was NT$6,765 Mil.

Tigerair Taiwan 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*1235.909/-68.27
=18.10

* 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.


Tigerair Taiwan Co (TPE:6757) Business Description

Traded in Other Exchanges
N/A
Address
No.1, Hangqin S. Road, Dayuan District, Taoyuan, TWN
Tigerair Taiwan Co Ltd operates in a Civil air transportation industry. It provides civil transportation services.

Tigerair Taiwan Co (TPE:6757) Headlines

No Headlines