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Star Asia Vision (ROCO:7753) Interest Expense : NT$-1.4 Mil (TTM As of Dec. 2024)


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What is Star Asia Vision Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Star Asia Vision's interest expense for the six months ended in Dec. 2024 was NT$ -0.7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was NT$-1.4 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. Star Asia Vision's Operating Income for the six months ended in Dec. 2024 was NT$ 44.9 Mil. Star Asia Vision's Interest Expense for the six months ended in Dec. 2024 was NT$ -0.7 Mil. Star Asia Vision's Interest Coverage for the quarter that ended in Dec. 2024 was 60.88. 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.


Star Asia Vision Interest Expense Historical Data

The historical data trend for Star Asia Vision'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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Star Asia Vision Interest Expense Chart

Star Asia Vision Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Interest Expense
-0.20 -0.01 -0.45 -1.41

Star Asia Vision Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24 Dec24
Interest Expense Get a 7-Day Free Trial - - -0.44 -0.67 -0.74

Star Asia Vision 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 semi-annually data reported by the company within the most recent 12 months, which was NT$-1.4 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.


Star Asia Vision  (ROCO:7753) 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.

Star Asia Vision's Interest Expense for the six months ended in Dec. 2024 was NT$-0.7 Mil. Its Operating Income for the six months ended in Dec. 2024 was NT$44.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was NT$41.9 Mil.

Star Asia Vision'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*44.928/-0.738
=60.88

* 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. Star Asia Vision Corp has enough cash to cover all of its debt. Its financial situation is stable.


Star Asia Vision Business Description

Traded in Other Exchanges
N/A
Address
Lixing 5th Road, 8th Floor, No. 1, Science Park, Hsinchu, TWN, 30078
Star Asia Vision Corp is in the business of LED display screens. It is engaged in manufacturing and sales of optoelectronic semiconductor components with the design and applications of LEDs.

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