What is SIFCO Industries Interest Expense?
Interest Expense is the amount reported by a company or individual as an expense for borrowed money. SIFCO Industries's interest expense for the
three
months ended in Sep. 2023 was $ -0.43 Mil.
Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was $-1.35 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. SIFCO Industries's Operating Income for the
three
months ended in Sep. 2023 was $ -2.49 Mil. SIFCO Industries's Interest Expense for the
three
months ended in Sep. 2023 was $ -0.43 Mil.
SIFCO Industries 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.
SIFCO Industries 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.35 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.
SIFCO Industries (AMEX:SIF) 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.
SIFCO Industries's Interest Expense for the
three
months ended in Sep. 2023 was $-0.43 Mil. Its
Operating Income
for the
three
months ended in Sep. 2023 was $-2.49 Mil. And its Long-Term Debt & Capital Lease Obligation for the
three
months ended in Sep. 2023 was $16.48 Mil.
SIFCO Industries's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as
| SIFCO Industries 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.
SIFCO Industries (SIFCO Industries) Business Description
Traded in Other Exchanges
N/A
Address
970 East 64th Street, Cleveland, OH, USA, 44103
SIFCO Industries Inc is engaged in the production of forgings and machined components for the Aerospace and Energy, Defense and Commercial Space markets. Its processes and services include forging, heat-treating and machining. It serves original equipment manufacturers (OEM) as well as aftermarket customers. Its products are made of steel, stainless steel, titanium and aluminium and include OEM and aftermarket components for aircraft and industrial gas turbine engines, steam turbine blades, structural airframe components, aircraft landing gear components, aircraft wheels and brakes, critical rotating components for helicopters and industrial products. Substantial revenue is derived from North America as well as operates in Europe.
Executives
| Wells Norman E Jr. |
director |
PO BOX 609, AURORA OH 44202 |
| Alayne L Reitman |
director |
SIFCO INDUSTRIES INC, 970 EAST 64TH STREET, CLEVELAND OH 44103 |
| Peter William Knapper |
director, officer: President & CEO |
5924 MEDALLION DRIVE, WESTERVILLE OH 43082 |
| Molten Donald C Jr. |
director |
970 EAST 64TH STREET, CLEVELAND OH 44103 |
| Mark J Silk |
director, 10 percent owner |
4946 AZUSA CANYON ROAD, IRWINDALE CA 91706 |
| Hudson Smith |
director |
SIFCO INDUSTRIES INC, 970 EAST 64TH STREET, CLEVELAND OH 44103 |
| Thomas Robert Kubera |
officer: Corporate Controller |
1327 SPRUCEDALE ROAD, BROADVIEW HEIGHTS OH 44147 |
| Jeffrey P Gotschall |
director |
SIFCO INDUSTRIES INC, 970 EAST 64TH STREET, CLEVELAND OH 44103 |
| Salvatore Incanno |
officer: VP of Finance & CFO |
970 E. 64TH ST, CLEVELAND OH 44103 |
| John Sr Chapman |
director |
970 EAST 64TH STREET, CLEVELAND OH 44103 |
| Dennis Paul Hido |
officer: Corporate Controller |
21 EMERALD COURT, CANFIELD OH 44406 |
| Catherine Marie Kramer |
officer: Vice President-Finance & CFO |
14388 CASTLEREAGH LANE, STRONSVILLE OH 44136 |
| Frank N Nichols |
director |
8646 CARDINAL DRIVE, KIRTLAND OH 44094 |
| Frank A Cappello |
officer: Vice President Finance and CFO |
SIFCO INDUSTRIES INC, 970 EAST 64TH STREET, CLEVELAND OH 44103 |
| Miller P Charles Jr |
director |
SIFCO INDUSTRIES INC, 970 EAST 64TH STREET, CLEVELAND OH 44103 |
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