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Ability Enterprise Co (TPE:2374) Interest Expense : NT$-10 Mil (TTM As of Dec. 2024)


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What is Ability Enterprise Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ability Enterprise Co's interest expense for the three months ended in Dec. 2024 was NT$ -2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was NT$-10 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. Ability Enterprise Co's Operating Income for the three months ended in Dec. 2024 was NT$ 61 Mil. Ability Enterprise Co's Interest Expense for the three months ended in Dec. 2024 was NT$ -2 Mil. Ability Enterprise Co's Interest Coverage for the quarter that ended in Dec. 2024 was 24.55. 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.

Ability Enterprise Co Interest Expense Historical Data

The historical data trend for Ability Enterprise Co'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.

Ability Enterprise Co Interest Expense Chart

Ability Enterprise Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -12.81 -9.87 -5.52 -9.49 -9.68

Ability Enterprise Co 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.52 -2.77 -2.31 -2.13 -2.47

Ability Enterprise Co 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$-10 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.

Ability Enterprise Co  (TPE:2374) 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.

Ability Enterprise Co's Interest Expense for the three months ended in Dec. 2024 was NT$-2 Mil. Its Operating Income for the three months ended in Dec. 2024 was NT$61 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was NT$19 Mil.

Ability Enterprise Co'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*60.727/-2.474
=24.55

* 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.

Ability Enterprise Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Ability Enterprise Co Ltd (TPE:2374) » Definitions » Interest Expense
Comparable Companies
TPE:6863 TPE:3090 TPE:3673 TPE:3026 TPE:6230 ROCO:1815 TPE:6456 TPE:1582 ROCO:8358 TPE:2472 APH TPE:2317 TEL SZSE:002475 GLW TSE:6981 TPE:2308 SZSE:000725 TSE:6762 SZSE:300433
Traded in Other Exchanges
N/A
Address
No. 200, Zhonghuan Road, Section 3, Xinzhuang District, New Taipei, TWN, 24242
Website
https://www.abilitycorp.com.tw
Ability Enterprise Co Ltd is engaged in the manufacturing, purchases, and sales of digital cameras, optical product components, and film/video accessories. It operates in two segments: Optical Manufacturing, which is into manufacturing and sales of optical products; and Strategic Investing, which focuses on sales of design and manufacturing of optical elements. It derives the majority of its revenue comes from the Optical manufacturing segment. Its geographical segments include Japan, China, Taiwan, and Others in which Japan generates the majority of the revenue.

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