AELTF (Adacel Technologies) Interest Expense: $-0.74 Mil (TTM As of Jun. 2024)


AELTF Adacel Technologies Ltd AELTF
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What is Adacel Technologies Interest Expense?

Adacel Technologies AELTF 12 Interest Expense is $-0.74 Mil as of Jun. 2024. GuruFocus rates AELTF with a GF Score™ of 12/100.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Adacel Technologies's interest expense for the six months ended in Jun. 2024 was $ -0.45 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was $-0.74 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. Adacel Technologies's Operating Income for the six months ended in Jun. 2024 was $ -1.16 Mil. Adacel Technologies's Interest Expense for the six months ended in Jun. 2024 was $ -0.45 Mil. Adacel Technologies 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.

Adacel Technologies  (OTCPK:AELTF) 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.

Adacel Technologies's Interest Expense for the six months ended in Jun. 2024 was $-0.45 Mil. Its Operating Income for the six months ended in Jun. 2024 was $-1.16 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was $4.18 Mil.

Adacel Technologies's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Adacel Technologies 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.

Adacel Technologies Interest Expense Historical Data

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The historical data trend for Adacel Technologies'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.

Adacel Technologies Interest Expense Chart

Adacel Technologies Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.27 -0.24 -0.20 -0.38 -0.74

Adacel Technologies Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 -0.09 -0.21 -0.17 -0.29 -0.45
AELTF
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Adacel Technologies Ltd AELTF
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Adacel Technologies 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-0.74 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of $-0.74 Mil mean?
Adacel Technologies (AELTF) has a Interest Expense of $-0.74 Mil as of Jun. 2024. Interest Expense is the amount a company pays on its long-term debt. View historical data on Adacel Technologies and its competitors.
Is Adacel Technologies' Interest Expense too high?
Adacel Technologies' current Interest Expense is $-0.74 Mil. Overall, Adacel Technologies has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Adacel Technologies' Interest Expense compare to CURR and RDZN?
Adacel Technologies' Interest Expense of $-0.74 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Software company?
A good Interest Expense depends on the Software industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Adacel Technologies and its competitors. Adacel Technologies's current Interest Expense is $-0.74 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adacel Technologies stock overvalued right now?
Adacel Technologies (AELTF) has a current Interest Expense of $-0.74 Mil. The current Interest Expense is $-0.74 Mil. Adacel Technologies' overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Adacel Technologies (AELTF), the current Interest Expense is $-0.74 Mil as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Adacel Technologies Business Description

Address Level 4, 150 Albert Road, Suite 31, South Melbourne, Melbourne, VIC, AUS, 3205
Adacel Technologies Ltd develops and sells simulation and control systems. The company's operating segment includes Systems and Services. It generates maximum revenue from the Services segment. The Services segment includes software maintenance and all aspects of system support, field services, and on-site technical services. Its Systems segment includes operational air traffic management as well as simulation and training applications. Geographically, it derives a majority of its revenue from Canada and also has a presence in the USA Estonia and Australia.
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