SQI Diagnostics (FRA:XSQ) Interest Expense : €-3.01 Mil (TTM As of Mar. 2023)

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What is SQI Diagnostics Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. SQI Diagnostics's interest expense for the three months ended in Mar. 2023 was € -0.53 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2023 was €-3.01 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. SQI Diagnostics's Operating Income for the three months ended in Mar. 2023 was € -0.95 Mil. SQI Diagnostics's Interest Expense for the three months ended in Mar. 2023 was € -0.53 Mil. SQI Diagnostics 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.

SQI Diagnostics Interest Expense Historical Data

The historical data trend for SQI Diagnostics'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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SQI Diagnostics Interest Expense Chart

SQI Diagnostics Annual Data

Trend

Sep13

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Interest Expense

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-0.38

-0.45

-0.44

-0.35

-1.97

SQI Diagnostics Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Interest Expense	Get a 7-Day Free Trial															-0.18	-0.31	-1.37	-0.80	-0.53

SQI Diagnostics 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 Mar. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €-3.01 Mil.

SQI Diagnostics (FRA:XSQ) 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.

SQI Diagnostics's Interest Expense for the three months ended in Mar. 2023 was €-0.53 Mil. Its Operating Income for the three months ended in Mar. 2023 was €-0.95 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2023 was €5.01 Mil.

SQI Diagnostics's Interest Coverage for the quarter that ended in Mar. 2023 is calculated as

SQI Diagnostics did not have earnings to cover the interest expense.

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

SQI Diagnostics (FRA:XSQ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » SQI Diagnostics Inc (FRA:XSQ) » Definitions » Interest Expense

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Address

36 Meteor Drive, Toronto, ON, CAN, M9W 1A4

Website

https://www.sqidiagnostics.com

SQI Diagnostics Inc is the leader in the field of lung health. The company develops and manufactures respiratory health and precision medicine tests that run on SQI's automated systems. The company is developing tests to simplify and improve COVID-19 antibody monitoring, rapid acute lung injury testing, donor organ transplant informatics, and immunological protein and antibody testing. Its geographical segments are the United States, Canada, and Europe. Canada accounts for more than half of its revenues.

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