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Acon Optics Communications (ROCO:6820) Interest Expense : NT$-4.0 Mil (TTM As of Dec. 2023)


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What is Acon Optics Communications Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Acon Optics Communications's interest expense for the six months ended in Dec. 2023 was NT$ -2.4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was NT$-4.0 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. Acon Optics Communications's Operating Income for the six months ended in Dec. 2023 was NT$ -1.4 Mil. Acon Optics Communications's Interest Expense for the six months ended in Dec. 2023 was NT$ -2.4 Mil. Acon Optics Communications 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.


Acon Optics Communications Interest Expense Historical Data

The historical data trend for Acon Optics Communications'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.

Acon Optics Communications Interest Expense Chart

Acon Optics Communications Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -6.65 -5.74 -3.57 -4.26 -4.01

Acon Optics Communications Semi-Annual Data
Dec17 Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -1.77 -2.05 -2.21 -1.61 -2.40

Acon Optics Communications 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was NT$-4.0 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.


Acon Optics Communications  (ROCO:6820) 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.

Acon Optics Communications's Interest Expense for the six months ended in Dec. 2023 was NT$-2.4 Mil. Its Operating Income for the six months ended in Dec. 2023 was NT$-1.4 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was NT$34.3 Mil.

Acon Optics Communications's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Acon Optics Communications 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.


Acon Optics Communications (ROCO:6820) Business Description

Traded in Other Exchanges
N/A
Address
Lane 45, Baoxing Road, 5th Floor, No. 4, Alley 9, Xindian District, New Taipei City, TWN, 231
Acon Optics Communications Inc is engaged in manufacturing fiber optic cabling systems. Its products include Connectors, Adapter, patchcords, FTTA Solutions, MPO/MTP Solutions, Data Center Solutions, Accessories, NTT-AT HIREC 100, Reality series-Fiber Optic extender, Speedy series- Fiber Optic and Copper transceivers.

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