Actcelerate International Group (XNEC:ACT) Interest Expense : A$ Mil (TTM As of . 20)

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What is Actcelerate International Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Actcelerate International Group's interest expense for the six months ended in . 20 was A$ 0.00 Mil. Actcelerate International Group does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in . 20.

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. Actcelerate International Group's Operating Income for the six months ended in . 20 was A$ 0.00 Mil. Actcelerate International Group's Interest Expense for the six months ended in . 20 was A$ 0.00 Mil. Actcelerate International Group did not have earnings to cover the interest expense. 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.

Actcelerate International Group Interest Expense Historical Data

The historical data trend for Actcelerate International Group'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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Actcelerate International Group Interest Expense Chart

Actcelerate International Group Annual Data

Trend

Interest Expense

Actcelerate International Group Semi-Annual Data

Interest Expense

Actcelerate International Group Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Actcelerate International Group (XNEC:ACT) 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.

Actcelerate International Group's Interest Expense for the six months ended in . 20 was A$0.00 Mil. Its Operating Income for the six months ended in . 20 was A$0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in . 20 was A$0.00 Mil.

Actcelerate International Group's Interest Coverage for the quarter that ended in . 20 is calculated as

Actcelerate International Group had no long-term debt ⁽¹⁾.

The higher the ratio, the stronger the company's financial strength is.

Actcelerate International Group (XNEC:ACT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Actcelerate International Group Ltd (XNEC:ACT) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

20 Martin Place, Level 10, Sydney, NSW, AUS, 2000

Website

http://www.actcelerategroup.com

Actcelerate International Group Ltd is an investment company. the firm intends to invest mainly into small and medium businesses across the Southeast Asian Region.