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Photronics Interest Expense

: $-2.5 Mil (TTM As of Jan. 2021)
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Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Photronics's interest expense for the three months ended in Jan. 2021 was $ -0.8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jan. 2021 was $-2.5 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. Photronics's Operating Income for the three months ended in Jan. 2021 was $ 11.8 Mil. Photronics's Interest Expense for the three months ended in Jan. 2021 was $ -0.8 Mil. Photronics's Interest Coverage for the quarter that ended in Jan. 2021 was 14.30. 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.


Photronics Interest Expense Historical Data

* 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.

Photronics Annual Data
Oct11 Oct12 Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20
Interest Expense Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -3.37 -5.30 -2.26 -1.43 -2.37

Photronics Quarterly Data
Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21
Interest Expense 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 Premium Member Only Premium Member Only Premium Member Only -1.80 -0.29 -0.59 -0.76 -0.82

Photronics 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 Jan. 2021 was -0.293 (Apr. 2020 ) + -0.586 (Jul. 2020 ) + -0.758 (Oct. 2020 ) + -0.823 (Jan. 2021 ) = $-2.5 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.


Photronics  (NAS:PLAB) 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.

Photronics's Interest Expense for the three months ended in Jan. 2021 was $-0.8 Mil. Its Operating Income for the three months ended in Jan. 2021 was $11.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jan. 2021 was $80.0 Mil.

Photronics's Interest Coverage for the quarter that ended in Jan. 2021 is calculated as

Interest Coverage=-1* Operating Income (Q: Jan. 2021 )/Interest Expense (Q: Jan. 2021 )
=-1*11.766/-0.823
=14.30

* 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.


Photronics Interest Expense Headlines

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