Asia Metal Industries (ROCO:6727) Interest Expense : NT$-3 Mil (TTM As of Dec. 2024)

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What is Asia Metal Industries Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Asia Metal Industries's interest expense for the three months ended in Dec. 2024 was NT$ -0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was NT$-3 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. Asia Metal Industries's Operating Income for the three months ended in Dec. 2024 was NT$ 25 Mil. Asia Metal Industries's Interest Expense for the three months ended in Dec. 2024 was NT$ -0 Mil. Asia Metal Industries's Interest Coverage for the quarter that ended in Dec. 2024 was 59.11. 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.

Asia Metal Industries Interest Expense Historical Data

The historical data trend for Asia Metal Industries'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.

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Asia Metal Industries Interest Expense Chart

Asia Metal Industries Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

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-2.30

-4.21

-7.60

-5.12

-2.62

Asia Metal Industries Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Interest Expense	Get a 7-Day Free Trial															-0.72	-0.96	-0.64	-0.60	-0.42

Asia Metal Industries 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$-3 Mil.

Asia Metal Industries (ROCO:6727) 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.

Asia Metal Industries's Interest Expense for the three months ended in Dec. 2024 was NT$-0 Mil. Its Operating Income for the three months ended in Dec. 2024 was NT$25 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was NT$101 Mil.

Asia Metal Industries's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2024 )	/	Interest Expense (Q: Dec. 2024 )
	=	-1	*	24.945	/	-0.422
	=	59.11

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. Asia Metal Industries Inc has enough cash to cover all of its debt. Its financial situation is stable.

Asia Metal Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Asia Metal Industries Inc (ROCO:6727) » Definitions » Interest Expense

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Address

Minfu Road, Yangmei District, Number 16, Lane 199, Sec. 2, Taoyuan, TWN, 32663

Website

https://www.asiametalinc.com

Asia Metal Industries Inc is engaged in manufacturing and selling all kinds of coating equipment and providing relevant engineering support. The product portfolio of the company includes PP Synthetic Paper, Solar Energy, Optics, High Frequency CCL, Industrial Tape and Battery among others. It has a single industry segment, mainly engaged in the manufacturing and trading of metal machinery and parts.

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