Actro Co (XKRX:290740) Interest Expense : ₩-10 Mil (TTM As of Mar. 2024)

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What is Actro Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Actro Co's interest expense for the three months ended in Mar. 2024 was ₩ -3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₩-10 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. Actro Co's Operating Income for the three months ended in Mar. 2024 was ₩ 591 Mil. Actro Co's Interest Expense for the three months ended in Mar. 2024 was ₩ -3 Mil. Actro Co's Interest Coverage for the quarter that ended in Mar. 2024 was 193.12. 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.

Actro Co Interest Expense Historical Data

The historical data trend for Actro Co'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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Actro Co Interest Expense Chart

Actro Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-46.42

-15.78

-5.73

-5.66

-8.55

Actro Co 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															-1.24	-2.04	-2.35	-2.93	-3.06

Actro Co 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 ₩-10 Mil.

Actro Co (XKRX:290740) 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.

Actro Co's Interest Expense for the three months ended in Mar. 2024 was ₩-3 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₩591 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₩211 Mil.

Actro Co'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	*	591.345	/	-3.062
	=	193.12

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. Actro Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

Actro Co (XKRX:290740) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Actro Co Ltd (XKRX:290740) » Definitions » Interest Expense

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N/A

Address

3504 Tower 13, Heungdeok 1-ro Giheung-gu, Heungdeok IT Valley, Yeongdeok-dong, Gyeonggi-do, Yongin-si, KOR, 16954

Website

http://www.actro.co.kr

Actro Co Ltd is a Korean company engaged in manufacturing Optical Image Stabilizer and Voice Coil Motor. It operates in business areas including automation system, manufacturing auto-focusing actuator and Optical Image Stabilizer, and material and components including F-PCB type of Coil.

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