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Opnet Technologies Co (ROCO:8034) Interest Expense : NT$-0.9 Mil (TTM As of Mar. 2024)


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What is Opnet Technologies Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Opnet Technologies Co's interest expense for the three months ended in Mar. 2024 was NT$ -0.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was NT$-0.9 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. Opnet Technologies Co's Operating Income for the three months ended in Mar. 2024 was NT$ 3.0 Mil. Opnet Technologies Co's Interest Expense for the three months ended in Mar. 2024 was NT$ -0.1 Mil. Opnet Technologies Co's Interest Coverage for the quarter that ended in Mar. 2024 was 22.05. 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.


Opnet Technologies Co Interest Expense Historical Data

The historical data trend for Opnet Technologies 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.

Opnet Technologies Co Interest Expense Chart

Opnet Technologies Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.78 -0.70 -0.54 -0.80 -0.90

Opnet Technologies Co 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 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 -0.16 -0.16 -0.30 -0.27 -0.13

Opnet Technologies 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$-0.9 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.


Opnet Technologies Co  (ROCO:8034) 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.

Opnet Technologies Co's Interest Expense for the three months ended in Mar. 2024 was NT$-0.1 Mil. Its Operating Income for the three months ended in Mar. 2024 was NT$3.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was NT$1.1 Mil.

Opnet Technologies 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*2.955/-0.134
=22.05

* 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. Opnet Technologies Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.


Opnet Technologies Co (ROCO:8034) Business Description

Traded in Other Exchanges
N/A
Address
3rd Floor Number 5, Industry E. Road, IX Hsinchu Science Park, Hsinchu, TWN, 30075
Opnet Technologies Co Ltd is primarily engaged in the research, development, production, manufacturing, and sales of optical fiber broadband user access network systems, synchronous and asynchronous digital transmission multiplexers, high-speed, asymmetric and symmetric of digital subscriber loop system, broadband modem, router and access system, broadband wireless communication equipment, digital data and voice integrated access equipment. The Company has two reportable segments: Access Network and Broadband Equipment and Transmission Equipment. The company generates majority of the revenue from Access Network and Broadband Equipment segment. Its products in Network Access include DLC, MSAN, IP DSLAM, G.SHDSL, VoIP gateway and GPON/EPON.

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