GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » AP Memory Technology Corp (TPE:6531) » Definitions » Interest Expense

AP Memory Technology (TPE:6531) Interest Expense : NT$-2 Mil (TTM As of Mar. 2024)


View and export this data going back to 2015. Start your Free Trial

What is AP Memory Technology Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. AP Memory Technology's interest expense for the three months ended in Mar. 2024 was NT$ -1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was NT$-2 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. AP Memory Technology's Operating Income for the three months ended in Mar. 2024 was NT$ 106 Mil. AP Memory Technology's Interest Expense for the three months ended in Mar. 2024 was NT$ -1 Mil. AP Memory Technology's Interest Coverage for the quarter that ended in Mar. 2024 was 113.64. 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.


AP Memory Technology Interest Expense Historical Data

The historical data trend for AP Memory Technology'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.

AP Memory Technology Interest Expense Chart

AP Memory Technology 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 -4.48 -2.80 -1.95 -1.57 -1.74

AP Memory Technology 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 -0.30 -0.28 -0.23 -0.94 -0.93

AP Memory Technology 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$-2 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.


AP Memory Technology  (TPE:6531) 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.

AP Memory Technology's Interest Expense for the three months ended in Mar. 2024 was NT$-1 Mil. Its Operating Income for the three months ended in Mar. 2024 was NT$106 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was NT$9 Mil.

AP Memory Technology'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*106.022/-0.933
=113.64

* 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. AP Memory Technology Corp has enough cash to cover all of its debt. Its financial situation is stable.


AP Memory Technology (TPE:6531) Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Taiyuan 1st Street, 10th Floor-1, Hsinchu County, Zhubei, TWN, 30288
AP Memory Technology Corp is a memory IC design company. The company is engaged in manufacturing and developing mobile DRAM based specialty memory products for mobile, wearable, and Internet of Things devices. Its products include PSRAM and IOT RAM, Low power DRAM, and applications include Internet of things, connectives and mobile.

AP Memory Technology (TPE:6531) Headlines

No Headlines