ACMAT (ACMT) Interest Expense : $-0.01 Mil (TTM As of Sep. 2023)

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

What is ACMAT Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. ACMAT's interest expense for the three months ended in Sep. 2023 was $ -0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was $-0.01 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. ACMAT's Operating Income for the three months ended in Sep. 2023 was $ -0.18 Mil. ACMAT's Interest Expense for the three months ended in Sep. 2023 was $ -0.01 Mil. ACMAT 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.

ACMAT Interest Expense Historical Data

The historical data trend for ACMAT'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.

ACMAT Interest Expense Chart

ACMAT Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Interest Expense

Get a 7-Day Free Trial

-0.26

-0.25

-0.30

ACMAT Quarterly Data
	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Sep22	Sep23
Interest Expense	Get a 7-Day Free Trial															-0.08	-0.08	-0.08	-0.02	-0.01

ACMAT 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.01 Mil.

ACMAT (OTCPK:ACMT) 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.

ACMAT's Interest Expense for the three months ended in Sep. 2023 was $-0.01 Mil. Its EBIT for the three months ended in Sep. 2023 was $-0.18 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was $0.00 Mil.

ACMAT's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

ACMAT did not have earnings to cover the interest expense.

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

ACMAT (ACMT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » ACMAT Corp (OTCPK:ACMT) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

30 South Road, Farmington, CT, USA, 06032-2418

Website

https://www.acmatcorp.com

ACMAT Corp operates as a holding company that engages in the provision of providing surety bonds for prime contractors, specialty trade, environmental remediation and asbestos abatement contractors, and miscellaneous obligations nationwide. It also provides miscellaneous surety such as worker's compensation, supply, subdivision, license, and permit bonds. The company generates revenue from the investment income and premiums received.

ACMAT (ACMT) Headlines

From GuruFocus

Acmat: Quality at a discount

By whopper investments whopper investments • 11-29-2012