Accsys Technologies (Accsys Technologies) Interest Expense : $-3.1 Mil (TTM As of Sep. 2023)

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What is Accsys Technologies Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Accsys Technologies's interest expense for the six months ended in Sep. 2023 was $ -1.7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was $-3.1 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. Accsys Technologies's Operating Income for the six months ended in Sep. 2023 was $ -2.3 Mil. Accsys Technologies's Interest Expense for the six months ended in Sep. 2023 was $ -1.7 Mil. Accsys Technologies 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.

Accsys Technologies Interest Expense Historical Data

The historical data trend for Accsys Technologies'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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Accsys Technologies Interest Expense Chart

Accsys Technologies Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Interest Expense

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-4.70

-3.89

-3.69

-2.87

-2.99

Accsys Technologies Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Interest Expense	Get a 7-Day Free Trial															-2.03	-0.97	-1.52	-1.35	-1.72

Accsys Technologies 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-3.1 Mil.

Accsys Technologies (OTCPK:ACSYF) 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.

Accsys Technologies's Interest Expense for the six months ended in Sep. 2023 was $-1.7 Mil. Its Operating Income for the six months ended in Sep. 2023 was $-2.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2023 was $62.5 Mil.

Accsys Technologies's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Accsys Technologies did not have earnings to cover the interest expense.

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

Accsys Technologies (Accsys Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Accsys Technologies PLC (OTCPK:ACSYF) » Definitions » Interest Expense

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Traded in Other Exchanges

AXS:Netherlands AXSa:UK AXS.GB:UK AXS:UK 1D8:Germany

Address

3 Moorgate Place, 4th floor, London, GBR, EC2R 6EA

Website

https://www.accsysplc.com

Accsys Technologies PLC is a chemical technology company focused on acetylation of wood. It is engaged in the development, commercialisation, and licensing of the associated proprietary technologies. Its product includes Accoya and Tricoya wood. The company offers Accoya wood for use in external doors, cladding/siding, decking, structural and civil engineering projects and Tricoya wood elements are used in window and door components, door skins, wet interiors, and wall linings. It generates maximum revenue through the sale of Accoya Woods. The maximum geographical areas of customers are from the UK and Ireland region.

Accsys Technologies (Accsys Technologies) Headlines

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