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Acer Synergy Tech (ROCO:6751) Interest Expense : NT$-1 Mil (TTM As of Mar. 2024)


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What is Acer Synergy Tech Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Acer Synergy Tech's interest expense for the three months ended in Mar. 2024 was NT$ -0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was NT$-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. Acer Synergy Tech's Operating Income for the three months ended in Mar. 2024 was NT$ -1 Mil. Acer Synergy Tech's Interest Expense for the three months ended in Mar. 2024 was NT$ -0 Mil. Acer Synergy Tech 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.


Acer Synergy Tech Interest Expense Historical Data

The historical data trend for Acer Synergy Tech'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 Synergy Tech Interest Expense Chart

Acer Synergy Tech Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -0.88 -0.86 -0.06 -0.04 -0.86

Acer Synergy Tech Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.30 -0.27 -0.22 -0.07 -0.02

Acer Synergy Tech 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$-1 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 Synergy Tech  (ROCO:6751) 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 Synergy Tech's Interest Expense for the three months ended in Mar. 2024 was NT$-0 Mil. Its Operating Income for the three months ended in Mar. 2024 was NT$-1 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was NT$1 Mil.

Acer Synergy Tech's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Acer Synergy Tech 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Acer Synergy Tech Corp has enough cash to cover all of its debt. Its financial situation is stable.


Acer Synergy Tech (ROCO:6751) Business Description

Traded in Other Exchanges
N/A
Address
No. 33, Huanke 1st Road, 302, Floor 6, Hsinchu County, Zhubei, TWN, 302
Acer Synergy Tech Corp is a provider of IT solutions. It offers services to small and medium-sized businesses and large enterprises. Its services include enterprise architecture planning; information system integration service; information infrastructure maintenance; and information manpower outsourcing service.

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