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Acotec Scientific Holdings (STU:7W3) Interest Expense : €-1.28 Mil (TTM As of Dec. 2024)


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What is Acotec Scientific Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Acotec Scientific Holdings's interest expense for the six months ended in Dec. 2024 was € -0.58 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was €-1.28 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. Acotec Scientific Holdings's Operating Income for the six months ended in Dec. 2024 was € 0.13 Mil. Acotec Scientific Holdings's Interest Expense for the six months ended in Dec. 2024 was € -0.58 Mil. Acotec Scientific Holdings's Interest Coverage for the quarter that ended in Dec. 2024 was 0.22. 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.

Acotec Scientific Holdings Interest Expense Historical Data

The historical data trend for Acotec Scientific Holdings'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.

Acotec Scientific Holdings Interest Expense Chart

Acotec Scientific Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial -0.18 -0.53 -0.19 -1.26 -1.30

Acotec Scientific Holdings Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -0.12 -0.55 -0.72 -0.70 -0.58

Acotec Scientific Holdings 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 €-1.28 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.

Acotec Scientific Holdings  (STU:7W3) 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.

Acotec Scientific Holdings's Interest Expense for the six months ended in Dec. 2024 was €-0.58 Mil. Its Operating Income for the six months ended in Dec. 2024 was €0.13 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was €22.20 Mil.

Acotec Scientific Holdings'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*0.125/-0.581
=0.22

* 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.

Acotec Scientific Holdings Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Acotec Scientific Holdings Ltd (STU:7W3) » Definitions » Interest Expense
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HKSE:09877 HKSE:02160 HKSE:02235 HKSE:01696 HKSE:09996 HKSE:02216 HKSE:02500 HKSE:01763 HKSE:06922 HKSE:06609 ABT BSX SYK MDT XTER:SHL EW SZSE:300760 DXCM XAMS:PHIA STE
Traded in Other Exchanges
06669:Hong Kong
Address
16 North Hongda Road, 4-5th Floor, Building No. 1, Beijing Economic-Technological Development Area, Beijing, CHN
Website
http://www.acotec.cn
Acotec Scientific Holdings Ltd is a medical device company. The company is focused on providing leave nothing behind treatment solutions for vascular diseases. It has developed a suite of interventional medical devices featuring world- leading technologies, notably in the fields of drug-coated balloons and thrombus aspiration catheters. The company's commercialized product is Semi-compliant PTCA Balloon (YAN) is a product designed for dilation in coronary artery or coronary artery bypass vessels stenosis to improve myocardial perfusion. Geographically, the company operates from Mainland China, Europe and Other countries and regions. Majority of revenue is generated from Mainland China.

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