Apex Dynamics (TPE:4583) Interest Expense : NT$-6 Mil (TTM As of Mar. 2024)

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What is Apex Dynamics Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Apex Dynamics's interest expense for the three months ended in Mar. 2024 was NT$ -2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was NT$-6 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. Apex Dynamics's Operating Income for the three months ended in Mar. 2024 was NT$ 244 Mil. Apex Dynamics's Interest Expense for the three months ended in Mar. 2024 was NT$ -2 Mil. Apex Dynamics's Interest Coverage for the quarter that ended in Mar. 2024 was 158.69. 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.

Apex Dynamics Interest Expense Historical Data

The historical data trend for Apex Dynamics'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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Apex Dynamics Interest Expense Chart

Apex Dynamics Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-8.16

-9.63

-19.78

-11.11

-6.43

Apex Dynamics Quarterly Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-1.62	-1.61	-1.61	-1.60	-1.54

Apex Dynamics 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$-6 Mil.

Apex Dynamics (TPE:4583) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Apex Dynamics's Interest Expense for the three months ended in Mar. 2024 was NT$-2 Mil. Its Operating Income for the three months ended in Mar. 2024 was NT$244 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was NT$526 Mil.

Apex Dynamics'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	*	243.747	/	-1.536
	=	158.69

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. Apex Dynamics Inc has enough cash to cover all of its debt. Its financial situation is stable.

Apex Dynamics (TPE:4583) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Apex Dynamics Inc (TPE:4583) » Definitions » Interest Expense

Comparable Companies

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Address

No.10, Keyuan 3rd Road, Situn District, Taichung, TWN, 40763

Website

https://www.apexdyna.com

Apex Dynamics Inc is involved in the production and sales of machinery equipment. It offers various equipment such as a gearbox, rack and pinion, smart lubrication equipment, traversing robots, turrets, and other equipment. The company has two reportable business departments. The precision machinery segment is engaged in the production and sales of precision reducers and automatic control equipment manufacturing. The Hotel and Restaurant Service includes catering service which is engaged in hotel housing service and catering business. The majority is from the Precision Machinery segment. Geographically, the majority is derived from Asia.

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