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Acer Synergy Tech (ROCO:6751) Interest Coverage : 0 (At Loss) (As of Mar. 2024)


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What is Acer Synergy Tech Interest Coverage?

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 by its Interest Expense. Acer Synergy Tech's Operating Income for the three months ended in Mar. 2024 was NT$-1 Mil. Acer Synergy Tech's Interest Expense for the three months ended in Mar. 2024 was NT$-0 Mil. did not have earnings to cover the interest expense. 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. Acer Synergy Tech Corp has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for Acer Synergy Tech's Interest Coverage or its related term are showing as below:

ROCO:6751' s Interest Coverage Range Over the Past 10 Years
Min: 49.3   Med: 392.94   Max: No Debt
Current: 152.67


ROCO:6751's Interest Coverage is ranked better than
70.89% of 1601 companies
in the Software industry
Industry Median: 28.92 vs ROCO:6751: 152.67

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Acer Synergy Tech Interest Coverage Historical Data

The historical data trend for Acer Synergy Tech's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

* Premium members only.

Acer Synergy Tech Interest Coverage Chart

Acer Synergy Tech Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial 53.64 49.30 483.88 1,739.69 156.80

Acer Synergy Tech Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Interest Coverage 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 153.45 118.48 140.61 367.19 -

Competitive Comparison of Acer Synergy Tech's Interest Coverage

For the Information Technology Services subindustry, Acer Synergy Tech's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Acer Synergy Tech's Interest Coverage Distribution in the Software Industry

For the Software industry and Technology sector, Acer Synergy Tech's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Acer Synergy Tech's Interest Coverage falls into.



Acer Synergy Tech Interest Coverage Calculation

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:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Acer Synergy Tech's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, Acer Synergy Tech's Interest Expense was NT$-1 Mil. Its Operating Income was NT$134 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$1 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*134.065/-0.855
=156.80

Acer Synergy Tech's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the three months ended in Mar. 2024, Acer Synergy Tech's Interest Expense was NT$-0 Mil. Its Operating Income was NT$-1 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$1 Mil.

Acer Synergy Tech did not have earnings to cover the interest expense.

* 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.


Acer Synergy Tech  (ROCO:6751) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Acer Synergy Tech Interest Coverage Related Terms

Thank you for viewing the detailed overview of Acer Synergy Tech's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Acer Synergy Tech (ROCO:6751) Business Description

Traded in Other Exchanges
N/A
Address
No. 33, Huanke 1st Road, 302, Floor 6, Hsinchu County, Zhubei, TWN, 302
Acer Synergy Tech Corp is a provider of IT solutions. It offers services to small and medium-sized businesses and large enterprises. Its services include enterprise architecture planning; information system integration service; information infrastructure maintenance; and information manpower outsourcing service.

Acer Synergy Tech (ROCO:6751) Headlines

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