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Acmepoint Energy Services Co (ROCO:6692) Interest Coverage : 0 (At Loss) (As of Mar. 2024)


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What is Acmepoint Energy Services Co Interest Coverage?

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 by its Interest Expense. Acmepoint Energy Services Co's Operating Income for the three months ended in Mar. 2024 was NT$-35 Mil. Acmepoint Energy Services Co's Interest Expense for the three months ended in Mar. 2024 was NT$-3 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Acmepoint Energy Services Co's Interest Coverage or its related term are showing as below:


ROCO:6692's Interest Coverage is not ranked *
in the Semiconductors industry.
Industry Median: 20.85
* Ranked among companies with meaningful Interest Coverage only.

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


Acmepoint Energy Services Co Interest Coverage Historical Data

The historical data trend for Acmepoint Energy Services Co's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

* Premium members only.

Acmepoint Energy Services Co Interest Coverage Chart

Acmepoint Energy Services Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only 41.97 125.16 44.81 86.95 2.74

Acmepoint Energy Services Co Quarterly Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Interest Coverage 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 11.86 23.76 - - -

Competitive Comparison of Acmepoint Energy Services Co's Interest Coverage

For the Solar subindustry, Acmepoint Energy Services Co's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Acmepoint Energy Services Co's Interest Coverage Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Acmepoint Energy Services Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Acmepoint Energy Services Co's Interest Coverage falls into.



Acmepoint Energy Services Co Interest Coverage Calculation

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:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


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

Acmepoint Energy Services Co's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, Acmepoint Energy Services Co's Interest Expense was NT$-5 Mil. Its Operating Income was NT$14 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$159 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*14.371/-5.236
=2.74

Acmepoint Energy Services Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the three months ended in Mar. 2024, Acmepoint Energy Services Co's Interest Expense was NT$-3 Mil. Its Operating Income was NT$-35 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$159 Mil.

Acmepoint Energy Services Co did not have earnings to cover the interest expense.

* 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.


Acmepoint Energy Services Co  (ROCO:6692) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Acmepoint Energy Services Co Interest Coverage Related Terms

Thank you for viewing the detailed overview of Acmepoint Energy Services Co's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Acmepoint Energy Services Co (ROCO:6692) Business Description

Traded in Other Exchanges
N/A
Address
No.257, Xinhu 2nd Road, 6 Floor, Neihu District, Taipei, TWN, 114
Acmepoint Energy Services Co is a Taiwan-based company engaged in the construction of the solar power station. Products and services offered by the company include solar system and station services, solar thermal power systems, energy storage systems, and biomass energy generation systems, among others. The company is also engaged in the development of overseas projects.

Acmepoint Energy Services Co (ROCO:6692) Headlines

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