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Acter Group (ROCO:5536) Interest Expense : NT$-28 Mil (TTM As of Jun. 2024)


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What is Acter Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Acter Group's interest expense for the three months ended in Jun. 2024 was NT$ -5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was NT$-28 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. Acter Group's Operating Income for the three months ended in Jun. 2024 was NT$ 1,284 Mil. Acter Group's Interest Expense for the three months ended in Jun. 2024 was NT$ -5 Mil. Acter Group's Interest Coverage for the quarter that ended in Jun. 2024 was 235.17. 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.

Acter Group Interest Expense Historical Data

The historical data trend for Acter Group'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.

Acter Group Interest Expense Chart

Acter Group 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 -5.25 -7.17 -24.46 -33.14 -34.17

Acter Group Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 -7.61 -8.49 -8.25 -5.90 -5.46

Acter Group 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 quarterly data reported by the company within the most recent 12 months, which was NT$-28 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.

Acter Group  (ROCO:5536) 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.

Acter Group's Interest Expense for the three months ended in Jun. 2024 was NT$-5 Mil. Its Operating Income for the three months ended in Jun. 2024 was NT$1,284 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was NT$68 Mil.

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

Interest Coverage=-1* Operating Income (Q: Jun. 2024 )/Interest Expense (Q: Jun. 2024 )
=-1*1284.259/-5.461
=235.17

* 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. Acter Group Corp Ltd has enough cash to cover all of its debt. Its financial situation is stable.

Acter Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Acter Group Corp Ltd (ROCO:5536) » Definitions » Interest Expense
Comparable Companies
TPE:6691 TPE:3703 TPE:2597 TPE:2515 TPE:8926 TPE:6139 ROCO:2072 TPE:9933 TPE:2535 ROCO:8936 XPAR:DG NSE:LT SHSE:601668 PWR SHSE:601390 J TSX:WSP HKSE:01800 SHSE:601186 XKRX:028260
Traded in Other Exchanges
N/A
Address
No. 201, Wenxin Road, 19th Floor-1, Section 2, Xitun District, Taichung, TWN, 40758
Website
https://www.acter.com.tw
Acter Group Corp Ltd Formerly Acter Co Ltd is a Taiwan-based engineering and construction company. It is engaged in providing construction, design, and maintenance services related to air conditioners, environmental control services, clean room set-up, ice water machine trading, energy-storing equipment trading, ventilation engineering, and energy technology services. The company's geographical segments include Taiwan, Mainland China, and other Asian countries. It generates maximum revenue from Taiwan, which provides engineering services and sales.

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