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STR Holdings (STR Holdings) Interest Expense : $-0.03 Mil (TTM As of Sep. 2019)


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What is STR Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. STR Holdings's interest expense for the three months ended in Sep. 2019 was $ -0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2019 was $-0.03 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. STR Holdings's Operating Income for the three months ended in Sep. 2019 was $ -2.53 Mil. STR Holdings's Interest Expense for the three months ended in Sep. 2019 was $ -0.01 Mil. STR Holdings 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.


STR Holdings Interest Expense Historical Data

The historical data trend for STR Holdings'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.

STR Holdings Interest Expense Chart

STR Holdings Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -0.04 - - -

STR Holdings Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 - - - -0.01 -0.01

STR Holdings 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. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.03 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.


STR Holdings  (OTCPK:STRI) 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.

STR Holdings's Interest Expense for the three months ended in Sep. 2019 was $-0.01 Mil. Its Operating Income for the three months ended in Sep. 2019 was $-2.53 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2019 was $5.04 Mil.

STR Holdings's Interest Coverage for the quarter that ended in Sep. 2019 is calculated as

STR Holdings 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.


STR Holdings (STR Holdings) Business Description

Traded in Other Exchanges
N/A
Address
10 Water Street, Enfield, CT, USA, 06082
STR Holdings Inc is a U.S based holding company. It is a provider of encapsulants to the solar industry. Encapsulant is a component used to protect solar cells and hold solar modules together. It has developed ethylene-vinyl acetate (EVA)-based encapsulants for use in commercial solar module manufacturing. The company's encapsulant formulations offer a range of properties and processing attributes, including various curing times and temperatures that align with the requirements of its customers' individual lamination processes and module constructions.
Executives
John A. Janitz director 6644 CORNERSTONE LANE, ROCHESTER HILLS MI 48306
Andrew M Leitch director 6615 CALLE PONTE BELLA, RANCHO SANTA FE CA 92091
Andrew Africk director
Alan N Forman officer: Senior VP & Gen. Counsel 21255 BURBANK BOULEVARD, SUITE 400, WOODLAND HILLS CA 91367
Riley Investment Management Llc 10 percent owner 11100 SANTA MONICA BLVD., SUITE 810, LOS ANGELES CA 90025
Riley Investment Partners Lp 10 percent owner 11100 SANTA MONICA BLVD STE 810, LOS ANGELES CA 90025
Dominick Schiano director 30275 OAKLEAF LANE, FRANKLIN MI 48025
B. Riley & Co., Llc 10 percent owner 11100 SANTA MONICA BLVD., STE. 800, LOS ANGELES CA 90025
Bryant R Riley 10 percent owner C/O B. RILEY FINANCIAL, INC., 21255 BURBANK BLVD, SUITE 400, WOODLAND HILLS CA 91367
Suisse Ag/ Credit 10 percent owner PARADEPLATZ 8, ZURICH V8 CH 8001
Susan C Schnabel director C/O CREDIT SUISSE FIRST BOSTON, 11 MADISON AVE, NEW YORK NY 10010
Red Mountain Partners, L.p. 10 percent owner 10100 SANTA MONICA BOULEVARD, SUITE 925, LOS ANGELES CA 90067
Red Mountain Capital Management Inc other: Please refer to Remarks below. 10100 SANTA MONICA BOULEVARD, SUITE 925, LOS ANGELES CA 90067
Rmcp Gp Llc other: Please refer to Remarks below. 1999 AVENUE OF THE STARS, SUITE 1100, LOS ANGELES CA 90067
Red Mountain Capital Partners Llc other: Please refer to Remarks below. 1999 AVENUE OF THE STARS, SUITE 1100, LOS ANGELES CA 90067

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