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Acelon Chemicals & Fiber (TPE:1466) Interest Expense : NT$-37 Mil (TTM As of Mar. 2024)


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What is Acelon Chemicals & Fiber Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Acelon Chemicals & Fiber's interest expense for the three months ended in Mar. 2024 was NT$ -9 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was NT$-37 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. Acelon Chemicals & Fiber's Operating Income for the three months ended in Mar. 2024 was NT$ -19 Mil. Acelon Chemicals & Fiber's Interest Expense for the three months ended in Mar. 2024 was NT$ -9 Mil. Acelon Chemicals & Fiber 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.


Acelon Chemicals & Fiber Interest Expense Historical Data

The historical data trend for Acelon Chemicals & Fiber'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.

Acelon Chemicals & Fiber Interest Expense Chart

Acelon Chemicals & Fiber Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -24.60 -22.86 -22.19 -27.01 -37.11

Acelon Chemicals & Fiber 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 -8.87 -9.42 -9.68 -9.14 -8.72

Acelon Chemicals & Fiber 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$-37 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.


Acelon Chemicals & Fiber  (TPE:1466) 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.

Acelon Chemicals & Fiber's Interest Expense for the three months ended in Mar. 2024 was NT$-9 Mil. Its Operating Income for the three months ended in Mar. 2024 was NT$-19 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was NT$1,144 Mil.

Acelon Chemicals & Fiber's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Acelon Chemicals & Fiber 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.


Acelon Chemicals & Fiber (TPE:1466) Business Description

Traded in Other Exchanges
N/A
Address
No.94 Fan Chin Road, Pu yan Hsiang, Chang Hua, TWN
Acelon Chemicals & Fiber Corp operates in the textile manufacturing industry. The product offered by the company includes Nylon yarn, Polyester yarn, Nylon textured yarn, Polyester textured yarn, and Others.

Acelon Chemicals & Fiber (TPE:1466) Headlines

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