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Sigmatron International (Sigmatron International) Interest Expense : $-11.1 Mil (TTM As of Jan. 2024)


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What is Sigmatron International Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sigmatron International's interest expense for the three months ended in Jan. 2024 was $ -2.6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jan. 2024 was $-11.1 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. Sigmatron International's Operating Income for the three months ended in Jan. 2024 was $ 3.2 Mil. Sigmatron International's Interest Expense for the three months ended in Jan. 2024 was $ -2.6 Mil. Sigmatron International's Interest Coverage for the quarter that ended in Jan. 2024 was 1.26. 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.


Sigmatron International Interest Expense Historical Data

The historical data trend for Sigmatron International'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.

Sigmatron International Interest Expense Chart

Sigmatron International Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.41 -1.84 -1.21 -1.50 -8.40

Sigmatron International Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 -2.41 -3.07 -2.72 -2.71 -2.57

Sigmatron International 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-11.1 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.


Sigmatron International  (NAS:SGMA) 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.

Sigmatron International's Interest Expense for the three months ended in Jan. 2024 was $-2.6 Mil. Its Operating Income for the three months ended in Jan. 2024 was $3.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jan. 2024 was $88.5 Mil.

Sigmatron International's Interest Coverage for the quarter that ended in Jan. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Jan. 2024 )/Interest Expense (Q: Jan. 2024 )
=-1*3.243/-2.569
=1.26

* 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.


Sigmatron International (Sigmatron International) Business Description

Traded in Other Exchanges
Address
2201 Landmeier Road, Elk Grove Village, IL, USA, 60007
Sigmatron International Inc is an independent provider of electronic manufacturing services (EMS). It provides printed circuit board assemblies and completely assembled electronic products. In addition, it also provides automatic and manual assembly and testing of products; material sourcing and procurement; manufacturing and test engineering support; warehousing and distribution services. The company primarily serves the industrial electronics, consumer electronics, and medical sciences industries. It has two reportable segments as an independent provider of electronic manufacturing services ("EMS") and as a provider of products to pet technology ("Pet Tech"). Geographically, it derives a majority of its revenue from Mexico and also has a presence in China and Vietnam.
Executives
John P Sheehan officer: V.P. Director of Materials
Linda K Frauendorfer director, officer: Chief Financial Officer 2201 LANDMEIER ROAD, ELK GROVE VILLAGE IL 60007
James E. Barnes officer: Executive V.P. of Operations C/O SIGMATRON INTERNATIONAL, INC., 2201 LANDMEIER ROAD, ELK GROVE VILLAGE IL 60007
James J Reiman officer: CHIEF FINANCIAL OFFICER C/O SIGMATRON INTERNATIONAL INC., 2201 LANDMEIER RD, ELK GROVE VILLAGE IL 60007
Raj B Upadhyaya officer: Executive Vice President SIGMATRON INTERNATIONAL, INC., 2201 LANDMEIER ROAD, ELK GROVE VILLAGE IL 60007
Gregory A Fairhead officer: Executive V.P. Operations
Gary R Fairhead director, officer: Director, President & CEO 110 S EVERGREEN #6DS, ARLINGTON HEIGHTS IL 60005
Thomas W Rieck director 1401 BROOK DRIVE, DOWNERS GROVE IL 60515
Barry R Horek director 2201 LANDMEIER ROAD, ELK GROVE VILLAGE IL 60007
Bruce J Mantia director 2201 LANDMEIER ROAD, ELK GROVE VILLAGE IL 60007
Paul J Plante director C/O RICHARDSON ELECTRONICS, LTD., PO BOX 393, 40W267 KESLINGER RD., LAFOX IL 60147
Dilip S Vyas director
Daniel P Camp officer: V.P. Acuna Operations 2201 LANDMEIER ROAD, SIGMATRON INTERNATIONAL INC, ELK GROVE VILLAGE IL 60007
Hom-ming Chang officer: V.P. China Operations C/O SIGMATRON INTERNATIONAL, INC., 2201 LANDMEIER ROAD, ELK GROVE VILLAGE IL 60007
Tang Foundation For Reseach Of Traditional Chinese Medicine 10 percent owner C/O SIGMATRON INTERNATIONA INC, 2201 LANDMEIER ROAD, ELK GROVE VILLAGE IL 60007