Ceragon Networks (Ceragon Networks) Interest Expense : $-7.5 Mil (TTM As of Dec. 2023)

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What is Ceragon Networks Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ceragon Networks's interest expense for the three months ended in Dec. 2023 was $ -2.5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-7.5 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. Ceragon Networks's Operating Income for the three months ended in Dec. 2023 was $ 5.0 Mil. Ceragon Networks's Interest Expense for the three months ended in Dec. 2023 was $ -2.5 Mil. Ceragon Networks's Interest Coverage for the quarter that ended in Dec. 2023 was 2.02. 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.

Ceragon Networks Interest Expense Historical Data

The historical data trend for Ceragon Networks'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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Ceragon Networks Interest Expense Chart

Ceragon Networks Annual Data

Trend

Dec14

Dec15

Dec16

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Dec18

Dec19

Dec20

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Dec23

Interest Expense

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-3.79

-4.13

-4.65

-5.02

-7.54

Ceragon Networks 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															-1.72	-1.46	-1.89	-1.72	-2.47

Ceragon Networks 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 $-7.5 Mil.

Ceragon Networks (NAS:CRNT) 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.

Ceragon Networks's Interest Expense for the three months ended in Dec. 2023 was $-2.5 Mil. Its Operating Income for the three months ended in Dec. 2023 was $5.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $13.7 Mil.

Ceragon Networks's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	5.004	/	-2.472
	=	2.02

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

Ceragon Networks (Ceragon Networks) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Ceragon Networks Ltd (NAS:CRNT) » Definitions » Interest Expense

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GGN:Germany

Address

Building. A, 7th floor, Nitzba City, Plot 300, PO Box 112, Rosh Ha’Ayin, ISR, 4810002

Website

https://www.ceragon.com

Ceragon Networks Ltd offers wireless backhaul solutions. Its products comprise of FibeAir IP-20 Platform, FibeAir IP-20 Assured Platform, and Network Management. The company provides its services to wireless service providers, public safety organizations, government agencies and utility companies. The company's FibeAir IP-20 platform offers flexibility in choosing all-outdoor, split-mount and all-indoor configurations to suit any deployment scenario. Its products include short haul-access, short haul-aggregation, small cells, long haul, and enterprise access. Geographically, it derives majority revenue from India and also has a presence in North America, Europe, Africa, Asia-Pacific, and the Middle East and Latin America.