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Aaeon Technology (TPE:6579) Interest Expense : NT$-5 Mil (TTM As of Mar. 2024)


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What is Aaeon Technology Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Aaeon Technology's interest expense for the three months ended in Mar. 2024 was NT$ -2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was NT$-5 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. Aaeon Technology's Operating Income for the three months ended in Mar. 2024 was NT$ 93 Mil. Aaeon Technology's Interest Expense for the three months ended in Mar. 2024 was NT$ -2 Mil. Aaeon Technology's Interest Coverage for the quarter that ended in Mar. 2024 was 52.02. 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.


Aaeon Technology Interest Expense Historical Data

The historical data trend for Aaeon Technology'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.

Aaeon Technology Interest Expense Chart

Aaeon Technology Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.26 -5.96 -3.54 -4.87 -5.99

Aaeon Technology Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 -1.92 -1.34 -1.36 -1.67 -1.78

Aaeon Technology 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$-5 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.


Aaeon Technology  (TPE:6579) 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.

Aaeon Technology's Interest Expense for the three months ended in Mar. 2024 was NT$-2 Mil. Its Operating Income for the three months ended in Mar. 2024 was NT$93 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was NT$265 Mil.

Aaeon Technology's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*92.602/-1.78
=52.02

* 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. Aaeon Technology Inc has enough cash to cover all of its debt. Its financial situation is stable.


Aaeon Technology (TPE:6579) Business Description

Traded in Other Exchanges
N/A
Address
No. 135, Lane 235, Baoqiao Road, 5th Floor, Xindian District, New Taipei, TWN, 231
Aaeon Technology Inc is engaged in manufacturing, processing and imports and exports of computer peripherals, electronic components, computer test instruments, computer PCB functional testing, and radio telecommunication equipment and its components; the R&D, design, manufacturing, processing and trading of various industrial computers, medical computers, industrial controllers, quantity controllers and components; industrial computer automation design and services, as well as the import/export of related materials. The operating segment includes IPC and Medical PC, geographical presence of the company is in Taiwan, China, Singapore, USA and Europe.

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