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Neousys Technology (ROCO:6922) Interest Expense : NT$-1 Mil (TTM As of Mar. 2024)


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What is Neousys Technology Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Neousys Technology's interest expense for the three months ended in Mar. 2024 was NT$ -0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was NT$-1 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. Neousys Technology's Operating Income for the three months ended in Mar. 2024 was NT$ 56 Mil. Neousys Technology's Interest Expense for the three months ended in Mar. 2024 was NT$ -0 Mil. Neousys Technology's Interest Coverage for the quarter that ended in Mar. 2024 was 215.19. 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.


Neousys Technology Interest Expense Historical Data

The historical data trend for Neousys 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.

Neousys Technology Interest Expense Chart

Neousys Technology Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
- -0.61 -0.54 -0.44 -1.08

Neousys Technology Quarterly Data
Dec20 Jun21 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 -0.26 -0.27 -0.28 -0.27 -0.26

Neousys 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$-1 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.


Neousys Technology  (ROCO:6922) 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.

Neousys Technology's Interest Expense for the three months ended in Mar. 2024 was NT$-0 Mil. Its Operating Income for the three months ended in Mar. 2024 was NT$56 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was NT$27 Mil.

Neousys 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*55.733/-0.259
=215.19

* 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. Neousys Technology Inc has enough cash to cover all of its debt. Its financial situation is stable.


Neousys Technology (ROCO:6922) Business Description

Traded in Other Exchanges
N/A
Address
No.868-3, Zhongzheng Road, 15th Floor, Zhonghe District, New Taipei City, TWN, 23586
Neousys Technology Inc designs and manufactures industrial-grade rugged embedded computers and systems with core expertise ranging from embedded computing to data acquisition and processing. Its product line comprises Wide temperature range fanless computers, Rugged embedded industrial computing, Machine vision controller, In-vehicle fanless computer, Ultra compact fanless embedded computer, Surveillance/ video analytics computing, and GPU computing platform.

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