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MTTCF (Steakholder Foods) Interest Expense : $-0.09 Mil (TTM As of Dec. 2024)


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What is Steakholder Foods Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Steakholder Foods's interest expense for the six months ended in Dec. 2024 was $ -0.09 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was $-0.09 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. Steakholder Foods's Operating Income for the six months ended in Dec. 2024 was $ -4.11 Mil. Steakholder Foods's Interest Expense for the six months ended in Dec. 2024 was $ -0.09 Mil. Steakholder Foods 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.


Steakholder Foods Interest Expense Historical Data

The historical data trend for Steakholder Foods'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.

* Premium members only.

Steakholder Foods Interest Expense Chart

Steakholder Foods Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.01 -0.02 -0.29 -1.37 -0.05

Steakholder Foods Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.15 -0.76 -0.61 - -0.09

Steakholder Foods 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-0.09 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.


Steakholder Foods  (OTCPK:MTTCF) 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.

Steakholder Foods's Interest Expense for the six months ended in Dec. 2024 was $-0.09 Mil. Its Operating Income for the six months ended in Dec. 2024 was $-4.11 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was $2.07 Mil.

Steakholder Foods's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Steakholder Foods did not have earnings to cover the interest expense.

* 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.


Steakholder Foods Business Description

Traded in Other Exchanges
Address
5 David Fikes Street, P.O. Box 4061, Rehovot, ISR, 7638205
Steakholder Foods Ltd is engaged in transforming the alternative protein industries through its technology. The group specializes in developing and selling 3D-printing production machines, supported by proprietary premix blends, formulated from the highest-quality raw ingredients. These tools help manufacturers of all sizes efficiently produce foods that meet consumer expectations for taste, texture, and appearance and offer a safe and sustainable alternative to industrialized meat and seafood production. The company's expertise in creating alternative protein products replicating traditional meats' complex textures such as beef steaks, white fish, shrimp, and eel. It also explores the integration of cultivated cells, preparing for future advancements in food technology.