GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Acer Gadget Inc (TPE:2432) » Definitions » Interest Expense

Acer Gadget (TPE:2432) Interest Expense : NT$-0 Mil (TTM As of Dec. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Acer Gadget Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Acer Gadget's interest expense for the three months ended in Dec. 2024 was NT$ -0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was NT$-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. Acer Gadget's Operating Income for the three months ended in Dec. 2024 was NT$ 47 Mil. Acer Gadget's Interest Expense for the three months ended in Dec. 2024 was NT$ -0 Mil. Acer Gadget's Interest Coverage for the quarter that ended in Dec. 2024 was 5,895.38. 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.

Acer Gadget Interest Expense Historical Data

The historical data trend for Acer Gadget'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.

Acer Gadget Interest Expense Chart

Acer Gadget Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial -0.58 -0.29 -0.04 -0.08 -0.05

Acer Gadget Quarterly Data
Dec19 Dec20 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 -0.02 -0.02 -0.02 -0.01 -0.01

Acer Gadget 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$-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.

Acer Gadget  (TPE:2432) 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.

Acer Gadget's Interest Expense for the three months ended in Dec. 2024 was NT$-0 Mil. Its Operating Income for the three months ended in Dec. 2024 was NT$47 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was NT$0 Mil.

Acer Gadget'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*47.163/-0.008
=5,895.38

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

Acer Gadget Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Acer Gadget Inc (TPE:2432) » Definitions » Interest Expense
Comparable Companies
ROCO:3097 ROCO:6680 ROCO:3434 ROCO:5386 TPE:6591 ROCO:8088 TPE:3021 ROCO:4973 ROCO:3659 TPE:2305 ANET DELL SHSE:688041 SZSE:002415 TSE:7751 TPE:2382 HPQ SMCI NTAP STX
Traded in Other Exchanges
N/A
Address
No. 369, Fuxing North Road, 5th Floor, 7th Floor, Songshan District, Taipei City, TWN, 10541
Website
https://www.acergadget.com
Acer Gadget Inc is mainly engaged in telecom value-added network business, computer hardware, and software applications Use system design, sales, rental, and sales of computer innovation peripheral products and life smart products, and other related businesses. Smart device products, smart wearables, value-added business and smart solution are the company's reportable segments. It earns the majority of its revenue from the Smart device products segment.

Acer Gadget Headlines

No Headlines