Blonder Tongue Laboratories (Blonder Tongue Laboratories) Interest Expense : $-0.87 Mil (TTM As of Dec. 2023)

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What is Blonder Tongue Laboratories Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Blonder Tongue Laboratories's interest expense for the three months ended in Dec. 2023 was $ -0.22 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.87 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. Blonder Tongue Laboratories's Operating Income for the three months ended in Dec. 2023 was $ -0.34 Mil. Blonder Tongue Laboratories's Interest Expense for the three months ended in Dec. 2023 was $ -0.22 Mil. Blonder Tongue Laboratories 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.

Blonder Tongue Laboratories Interest Expense Historical Data

The historical data trend for Blonder Tongue Laboratories'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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Blonder Tongue Laboratories Interest Expense Chart

Blonder Tongue Laboratories Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-0.26

-0.35

-0.51

-0.79

-0.87

Blonder Tongue Laboratories Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-0.24	-0.23	-0.21	-0.21	-0.22

Blonder Tongue Laboratories 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.87 Mil.

Blonder Tongue Laboratories (OTCPK:BDRL) 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.

Blonder Tongue Laboratories's Interest Expense for the three months ended in Dec. 2023 was $-0.22 Mil. Its Operating Income for the three months ended in Dec. 2023 was $-0.34 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $5.46 Mil.

Blonder Tongue Laboratories's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Blonder Tongue Laboratories did not have earnings to cover the interest expense.

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

Blonder Tongue Laboratories (Blonder Tongue Laboratories) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Blonder Tongue Laboratories Inc (OTCPK:BDRL) » Definitions » Interest Expense

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Address

One Jake Brown Road, Old Bridge, NJ, USA, 08857

Website

https://www.blondertongue.com

Blonder Tongue Laboratories Inc is a technology development and manufacturing company that provides television signal encoding, transcoding, digital transport, and broadband product solutions in the United States. The company serves the multi-dwelling unit market, the lodging/hospitality market, and the institutional market, including hospitals, prisons, and schools, throughout the United States and Canada. The Company's revenues are derived from customers in the continental United States; it also derives some revenues from customers in other geographical markets like Canada and to a more limited extent, in developing countries.

Executives

Williams James H /nj/	director	C/O BLONDER TONGUE LABORATORIES INC, ONE JAKE BROWN RD, OLD BRIDGE NJ 08857
Palle Robert J Jr	director, 10 percent owner, officer: President and COO	C/O BLONDER TONGUE LABORATORIES INC, ONE JAKE BROWN ROAD, OLD BRIDGE NJ 08857
Eric S Skolnik	officer: Senior Vice President - CFO	C/O BLONDER TONGUE LABORATORIES INC, ONE JAKE BROWN ROAD, OLD BRIDGE NJ 08857
John E Burke	director	1540 BARDSEY LANE, LOWER GWYNEDD PA 19002
Anthony J Bruno	director	C/O BLONDER TONGUE LABORATORIES, INC., ONE JAKE BROWN ROAD, OLD BRIDGE NJ 08857
Cavalry Fund I Lp	10 percent owner	82 EAST ALLENDALE ROAD, SUITE 5B, SADDLE RIVER NJ 07458
Michael Hawkey	director	2160 GOLD STREET, SAN JOSE CA 95002
Rick E Briggs	director	C/O BLONDER TONGUE LABORATORIES, INC., ONE JAKE BROWN ROAD, OLD BRIDGE NJ 08857
Edward Rowland Grauch	officer: CEO & President	3208 HIGHWAY 98, MEXICO BEACH FL 32456
Jeffrey W Smith	officer: Vice President - Sales	C/O BLONDER TONGUE LABORATORIES, INC., ONE JAKE BROWN ROAD, OLD BRIDGE NJ 08857
Ronald Vincent Alterio	officer: VP-Engineering, CTO	C/O BLONDER TONGUE LABORATORIES, ONE JAKE BROWN ROAD, OLD BRIDGE NJ 08857
Gary P Scharmett	director
Steven L Shea	director	C/O BLONDER TONGUE LABORATORIES, INC., ONE JAKE BROWN ROAD, OLD BRIDGE NJ 08857
Stephen K Necessary	director
Bruce A Gureck	officer: Exec VP/COO	4671 BOCAIRE BLVD, BOCA RATON FL 33487