FormFactor (FormFactor) Interest Expense

: $-0.4 Mil (TTM As of Dec. 2023)

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Interest Expense is the amount reported by a company or individual as an expense for borrowed money. FormFactor's interest expense for the three months ended in Dec. 2023 was $ -0.4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.4 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. FormFactor's Operating Income for the three months ended in Dec. 2023 was $ 7.1 Mil. FormFactor's Interest Expense for the three months ended in Dec. 2023 was $ -0.4 Mil. FormFactor's Interest Coverage for the quarter that ended in Dec. 2023 was 16.94. 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.

FormFactor Interest Expense Historical Data

The historical data trend for FormFactor'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.

FormFactor Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

-1.92

-0.86

-0.60

-0.58

-0.42

FormFactor Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense																-0.12	-	-	-	-0.42

FormFactor 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 $-0.4 Mil.

FormFactor (NAS:FORM) 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.

FormFactor's Interest Expense for the three months ended in Dec. 2023 was $-0.4 Mil. Its Operating Income for the three months ended in Dec. 2023 was $7.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $38.6 Mil.

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

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	7.13	/	-0.421
	=	16.94

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

FormFactor (FormFactor) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » FormFactor Inc (NAS:FORM) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

FMF:Germany

Address

7005 Southfront Road, Livermore, CA, USA, 94551

Website

https://www.formfactor.com

FormFactor Inc designs, develops, manufactures, sells, and supports semiconductor probe card products. The company operates in two reportable segments namely Probe Cards Segment and the Systems Segment. Sales of probe cards and analytical probes are included in the Probe Cards Segment, while sales of probe stations and thermal sub-systems are included in the Systems Segment. Probe cards generate the maximum revenue from its operations. It offers multiple product lines which include analytical probes, probe stations, thermal sub-systems, and related services.

Executives

Rebeca Obregon-jimenez	director	3748 E MARE COURT, PHOENIX AZ 85044
Shai Shahar	officer: CFO, SVP Global Finance	7005 SOUTHFRONT ROAD, LIVERMORE CA 94551
Dennis Thomas St	director	C/O FORMFACTOR, INC., 7005 SOUTHFRONT ROAD, LIVERMORE CA 94551
Mike Slessor	director, officer: CEO	7005 SOUTHFRONT ROAD, LIVERMORE CA 94551
Brian C White	director	C/O INTEGRATED DEVICE TECHNOLOGY, INC., 6024 SILVER CREEK VALLEY ROAD, SAN JOSE CA 95138
Raymond A Link	director	C/O FORMFACTOR, INC., 7005 SOUTHFRONT ROAD, LIVERMORE CA 94551
Kelley Steven-waiss	director	7005 SOUTHFRONT ROAD, LIVERMORE CA 94551
Jorge Titinger	director	7005 SOUTHFRONT ROAD, LIVERMORE CA 94551
Sheri Rhodes	director	7001 EAST BELLEVIEW AVENUE, DENVER CO 80112
Edward Jr Rogas	director	C/O VITESSE SEMICONDUCTOR CORPORATION, 4721 CALLE CARGA, CAMARILLO CA 93012
Michael W Zellner	director	C/O CYAN, INC., 1383 N. MCDOWELL BLVD., SUITE 300, PETALUMA CA 94954
Richard Delateur	director	C/O FORMFACTOR, INC., 7005 SOUTHFRONT ROAD, LIVERMORE CA 94551
Michael M Ludwig	officer: SR VP, CFO	C/O AMTECH SYSTEMS, INC., 131 S CLARK DRIVE, TEMPE AZ 85288
Lothar Maier	director	1630 MCCARTHY BLVD, MILPITAS CA 95035
Stuart L Merkadeau	officer: SVP and General Counsel	7005 SOUTHFRONT ROAD, LIVERMORE CA 94551