What is Adept Technology Interest Expense?
Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Adept Technology's interest expense for the
three
months ended in Jun. 2015 was $ -0.04 Mil.
Its interest expense for the trailing twelve months (TTM) ended in Jun. 2015 was $-0.05 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. Adept Technology's Operating Income for the
three
months ended in Jun. 2015 was $ -1.54 Mil. Adept Technology's Interest Expense for the
three
months ended in Jun. 2015 was $ -0.04 Mil.
Adept Technology 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.
Adept 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 Jun. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.05 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.
Adept Technology (NAS:ADEP) 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.
Adept Technology's Interest Expense for the
three
months ended in Jun. 2015 was $-0.04 Mil. Its
Operating Income
for the
three
months ended in Jun. 2015 was $-1.54 Mil. And its Long-Term Debt & Capital Lease Obligation for the
three
months ended in Jun. 2015 was $0.00 Mil.
Adept Technology's Interest Coverage for the quarter that ended in Jun. 2015 is calculated as
| Adept Technology 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.
Adept Technology (Adept Technology) Business Description
Traded in Other Exchanges
N/A
Address
Adept Technology Inc was incorporated in California in 1983 and reincorporated in Delaware in 2005. The Company is a robotics-based automation supplier. Through integrated offerings of both industrial and mobile robots helps customers improve the speed, quality and efficiency of their production environments. It design and manufacture industrial (fixed) and mobile robots along with a complementary suite of control and vision systems and software which are used for assembly, packaging, handling, testing and logistics applications in both fixed repetitive and unstructured environments. It operates in two segments: Robotics and Services & Support. Its geographic areas include United States, Europe, Asia and among others. It classifies robots into two categories, fixed (industrial) robots (multi-axis) and mobile robots (autonomous vehicles). It manufactures both types of robots and offers many options such as vision and automation control software and related hardware, parts feeding and enterprise-level software. It competes with ABB, Epson, Fanuc, Kuka, Yaskawa, Denso, Motoman, Staubli, Amazon (Kiva), Aethon, MetraLabs Seegrid, Savant and Neobotix. The Company has approximately 31 patents issued and current on various innovations in the field of robotics, motion control, and machine vision technology.
Executives
| Awm Investment Company, Inc. |
10 percent owner |
527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022 |
| Michael P Kelly |
director |
|
| Hale Martin M Jr |
director, 10 percent owner |
|
| Marxe Austin W & Greenhouse David M |
10 percent owner |
C/O SPECIAL SITUATIONS FUNDS, 527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022 |
| A Richard Juelis |
director |
349 OYSTER POINT BLVD, STE 200, S SAN FRANCISCO CA 94080 |
| Lisa M Cummins |
officer: Sr. VP Finance & CFO |
3011 TRIAD DRIVE, LIVERMORE CA 94551 |
| Leroy C Kopp |
other: No longer subject to Sec. 16 |
8400 NORMANDALE LAKE BOULEVARD, SUITE 1450, BLOOMINGTON MN 55437 |
| Robert J Majteles |
director |
|
| Gruber & Mcbaine Capital Management Llc |
other: See Footnote remarks. |
234 VAN NESS, STE 5, SAN FRANCISCO CA 94133 |
| Charles H Finnie |
director |
TWO EMBARCADERO CENTER, SUITE 2200, SAN FRANCISCO CA 94111 |
| Crosslink Capital Inc |
10 percent owner, other: Affilate of Director |
2180 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025 |
| Steven L Moore |
officer: VP Finance & CFO |
|
| Codd Ronald E F |
director |
C/O INTERWOVEN INC, 803 11TH AVE, SUNNYVALE CA 94089 |
| Viavi Solutions Inc. |
10 percent owner |
1445 SOUTH SPECTRUM BLVD., SUITE 102, CHANDLER AZ 85286 |
Adept Technology (Adept Technology) Headlines
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
ADEP has been successfully added to your 