CVD Equipment (CVD Equipment) Interest Expense : $-0.02 Mil (TTM As of Dec. 2023)

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What is CVD Equipment Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. CVD Equipment's interest expense for the three months ended in Dec. 2023 was $ -0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.02 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. CVD Equipment's Operating Income for the three months ended in Dec. 2023 was $ -2.47 Mil. CVD Equipment's Interest Expense for the three months ended in Dec. 2023 was $ -0.01 Mil. CVD Equipment 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.

CVD Equipment Interest Expense Historical Data

The historical data trend for CVD Equipment'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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CVD Equipment Interest Expense Chart

CVD Equipment Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-0.48

-0.44

-0.26

-0.01

-0.02

CVD Equipment Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-	-0.01	-0.01	-0.01	-0.01

CVD Equipment 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.02 Mil.

CVD Equipment (NAS:CVV) 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.

CVD Equipment's Interest Expense for the three months ended in Dec. 2023 was $-0.01 Mil. Its Operating Income for the three months ended in Dec. 2023 was $-2.47 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $0.27 Mil.

CVD Equipment's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

CVD Equipment did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's financial strength is.

CVD Equipment (CVD Equipment) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » CVD Equipment Corp (NAS:CVV) » Definitions » Interest Expense

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0V3:Germany

Address

355 South Technology Drive, Central Islip, NY, USA, 11722

Website

https://www.cvdequipment.com

CVD Equipment Corp is engaged in the manufacturing of chemical vapor deposition equipment, customized gas control systems, the manufacturing of process equipment suitable for the synthesis of a variety of one-dimensional nanostructures and nanomaterials and a line of furnaces, all of which are used to produce semiconductors and other electronic components. The company operates through the segments of CVD Equipment, CVD materials, and Stainless Design Concepts (SDC). It generates maximum revenue from the CVD Equipment segment. The CVD Equipment segment manufactures and sells chemical vapor deposition, physical vapor transport, and similar equipment.

Executives

Andrew Africk	10 percent owner
Ashraf Wagih Lotfi	director	C/O CVD EQUIPMENT CORPORATION, 355 S. TECHNOLOGY DRIVE, CENTRAL ISLIP NY 11722
Lawrence Waldman	director	5115 ULMERTON RD., CLEARWATER FL 33770
Raymond A Nielsen	director	BRIDGE BANCORP INC, 2200 MONTAUK HIGHWAY, BRIDGEHAMPTON NY 11932
Gunther Conrad J Jr	director	249 JENNINGS ROAD, COLD SPRING HARBOR NY 11724
Debra Ann Wasser	director	C/O CVD EQUIPMENT CORPORATION, 355 S. TECHNOLOGY DRIVE, CENTRAL ISLIP NY 11722
Brill Dr Robert M	director	NEW LIGHT MANAGEMENT LLC, 500 N BROADWAY SUITE 144, JERICHO NY 11753
Warren David Cheesman	officer: Vice President-Manufacturing	389 WOODBRIDGE ROAD, ROCKVILLE CENTRE NY 11570
Ada Partners, L.p.	10 percent owner	111 WEST 67TH STREET, 21ST FLOOR, NEW YORK NY 10023
Richard Andrew Catalano	officer: Chief Financial Officer	82 WHITEHALL BLVD, GARDEN CITY NY 11530
Maxim S. Shatalov	officer: Vice President-Engineering	94 CHESTNUT STREET, MOUNT SINAI NY 11766
Kevin Richard Collins	officer: VP & GM (SDC)	1117 OLD KINGS HIGHWAY, SAUGERTIES NY 12477
Emmanuel N Lakios	officer: President & CEO	355 SOUTH TECHNOLOGY DRIVE, CENTRAL ISLIP NY 11722
Jeffrey Alan Brogan	officer: VP Sales & Marketing	3 SOUNDVIEW CT., STONY BROOK NY 11790
Leonard A Rosenbaum	director, officer: CEO, President	C/O CVD EQUIPMENT CORPORATION, 355 SOUTH TECHNOLOGY DRIVE, CENTRAL ISLIP NY 11722