GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Aces Electronic Co Ltd (TPE:3605) » Definitions » Interest Expense

Aces Electronic Co (TPE:3605) Interest Expense : NT$-108 Mil (TTM As of Mar. 2024)


View and export this data going back to 2009. Start your Free Trial

What is Aces Electronic Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Aces Electronic Co's interest expense for the three months ended in Mar. 2024 was NT$ -28 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was NT$-108 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. Aces Electronic Co's Operating Income for the three months ended in Mar. 2024 was NT$ -58 Mil. Aces Electronic Co's Interest Expense for the three months ended in Mar. 2024 was NT$ -28 Mil. Aces Electronic Co 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.

Aces Electronic Co Interest Expense Historical Data

The historical data trend for Aces Electronic 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.

* Premium members only.

Aces Electronic Co Interest Expense Chart

Aces Electronic Co 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 -38.61 -34.83 -45.81 -85.07 -108.73

Aces Electronic 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 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 -28.65 -27.97 -24.93 -27.18 -27.67

Aces Electronic 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 NT$-108 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.

Aces Electronic Co  (TPE:3605) 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.

Aces Electronic Co's Interest Expense for the three months ended in Mar. 2024 was NT$-28 Mil. Its Operating Income for the three months ended in Mar. 2024 was NT$-58 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was NT$2,104 Mil.

Aces Electronic Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Aces Electronic Co 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.

Aces Electronic Co (TPE:3605) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Aces Electronic Co Ltd (TPE:3605) » Definitions » Interest Expense
Comparable Companies
ROCO:6577 TPE:4555 ROCO:6217 ROCO:8240 ROCO:3689 ROCO:5392 TPE:3011 ROCO:5474 ROCO:3207 ROCO:3455 APH TPE:2317 TEL SZSE:002475 TSE:6981 TPE:2308 GLW XKRX:006400 SZSE:000725 JBL
Traded in Other Exchanges
N/A
Address
No.13,Dongyuan Road, Zhongli District, Taoyuan, TWN, 32063
Website
http://www.acesconn.com
Aces Electronic Co Ltd is engaged in the electronic components business sector. The company offers connector solutions for various electronic applications like NB computers, cellular phones, digital cameras, and others. Aces provide shorter product development and production cycles for businesses. Its product portfolio consists of btb conn, card conn, battery conn, universal serial bus conn, power conn, and other. The Company has 4 reporting segments: connector, connector sets, metal stamping segment and other segment. The connector segment is mainly engaging in processing, manufacturing and selling of connectors. The connector sets segment is mainly engaging in manufacturing and sales of consumer electronics, communication peripherals and industrial connectors sets.

Aces Electronic Co (TPE:3605) Headlines

No Headlines