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Intuitive Surgical (BSP:I1SR34) Interest Expense : R$0 Mil (TTM As of Mar. 2024)


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What is Intuitive Surgical Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Intuitive Surgical's interest expense for the three months ended in Mar. 2024 was R$ 0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was R$0 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. Intuitive Surgical's Operating Income for the three months ended in Mar. 2024 was R$ 2,338 Mil. Intuitive Surgical's Interest Expense for the three months ended in Mar. 2024 was R$ 0 Mil. Intuitive Surgical has no long-term debt (1). 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.


Intuitive Surgical Interest Expense Historical Data

The historical data trend for Intuitive Surgical'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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Intuitive Surgical Interest Expense Chart

Intuitive Surgical Annual Data
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Interest Expense
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Intuitive Surgical Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Intuitive Surgical 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 R$0 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.


Intuitive Surgical  (BSP:I1SR34) 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.

Intuitive Surgical's Interest Expense for the three months ended in Mar. 2024 was R$0 Mil. Its Operating Income for the three months ended in Mar. 2024 was R$2,338 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was R$0 Mil.

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

Intuitive Surgical had no long-term debt (1).

* 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.

Good Sign:

Intuitive Surgical Inc has no debt.


Intuitive Surgical (BSP:I1SR34) Business Description

Address
1020 Kifer Road, Sunnyvale, CA, USA, 94086-5304
Intuitive Surgical develops, produces, and markets a robotic system for assisting minimally invasive surgery. It also provides the instrumentation, disposable accessories, and warranty services for the system. The company has placed more than 8,000 da Vinci systems in hospitals worldwide, with nearly 5,000 installations in the U.S. and a growing number in emerging markets.

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