Evoke Pharma (STU:EV00) Interest Expense : €-0.46 Mil (TTM As of Mar. 2024)

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What is Evoke Pharma Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Evoke Pharma's interest expense for the three months ended in Mar. 2024 was € -0.12 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-0.46 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. Evoke Pharma's Operating Income for the three months ended in Mar. 2024 was € -1.38 Mil. Evoke Pharma's Interest Expense for the three months ended in Mar. 2024 was € -0.12 Mil. Evoke Pharma 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.

Evoke Pharma Interest Expense Historical Data

The historical data trend for Evoke Pharma'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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Evoke Pharma Interest Expense Chart

Evoke Pharma Annual Data

Trend

Dec14

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Dec23

Interest Expense

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-0.09

-0.44

-0.47

-0.46

Evoke Pharma Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-0.12	-0.12	-0.12	-0.12	-0.12

Evoke Pharma 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-0.46 Mil.

Evoke Pharma (STU:EV00) 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.

Evoke Pharma's Interest Expense for the three months ended in Mar. 2024 was €-0.12 Mil. Its Operating Income for the three months ended in Mar. 2024 was €-1.38 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €0.00 Mil.

Evoke Pharma's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Evoke Pharma did not have earnings to cover the interest expense.

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

Evoke Pharma (STU:EV00) Business Description

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EVOK:USA

Address

420 Stevens Avenue, Suite 370, Solana Beach, CA, USA, 92075

Website

https://www.evokepharma.com

Evoke Pharma Inc is a specialty pharmaceutical company focused on the development of drugs to treat gastrointestinal, or GI, disorders, and diseases. The company's product Gimoti is an investigational metoclopramide nasal spray for the relief of symptoms associated with acute and recurrent diabetic gastroparesis in women. Gimoti is a novel nasal spray formulation of metoclopramide designed to provide systemic delivery of the molecule through the nasal mucosa.

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