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Teradyne (Teradyne) Interest Expense : $-4 Mil (TTM As of Dec. 2023)


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What is Teradyne Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Teradyne's interest expense for the three months ended in Dec. 2023 was $ -1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-4 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. Teradyne's Operating Income for the three months ended in Dec. 2023 was $ 130 Mil. Teradyne's Interest Expense for the three months ended in Dec. 2023 was $ -1 Mil. Teradyne's Interest Coverage for the quarter that ended in Dec. 2023 was 160.53. 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.


Teradyne Interest Expense Historical Data

The historical data trend for Teradyne'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.

Teradyne Interest Expense Chart

Teradyne Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -22.22 -24.18 -17.82 -3.72 -3.81

Teradyne 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 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 -1.02 -0.99 -1.05 -0.96 -0.81

Teradyne 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 $-4 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.


Teradyne  (NAS:TER) 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.

Teradyne's Interest Expense for the three months ended in Dec. 2023 was $-1 Mil. Its Operating Income for the three months ended in Dec. 2023 was $130 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $65 Mil.

Teradyne'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*130.349/-0.812
=160.53

* 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:

Ben Graham prefers companies' interest coverage to be at least 5. Teradyne Inc has enough cash to cover all of its debt. Its financial situation is stable.


Teradyne (Teradyne) Business Description

Traded in Other Exchanges
Address
600 Riverpark Drive, North Reading, MA, USA, 01864
Teradyne provides testing equipment, including automated test equipment for semiconductors, system testing for hard disk drives, circuit boards, and electronics systems and wireless testing for devices. The firm entered the industrial automation market in 2015, into which it sells collaborative and autonomous robots for factory applications. Teradyne serves numerous end markets and geographies directly and indirectly with its products, but its most significant exposure is to semiconductor testing. Teradyne serves vertically integrated, fabless, and foundry chipmakers with its equipment.
Executives
Brad Robbins officer: President, LitePoint Corp. C O LITEPOINT, 965 WEST MAUDE AVE, SUNNYVALE CA 94085
Richard John Burns officer: President, Semiconductor Test MINDSPEED TECHNOLOGIES, INC., 9 TECHNOLOGY DRIVE, WESTBOROUGH MA 01581
Ujjwal Kumar officer: President, Teradyne Robotics C/O TERADYNE, INC., 600 RIVERPARK DRIVE, NORTH READING MA 01864
Sanjay Mehta officer: VP and Chief Financial Officer C/O TERADYNE INC., 600 RIVERPARK DRIVE, NORTH READING MA 01864
Mercedes Johnson director MICRON TECHNOLOGY, INC, 8000 S FEDERAL WAY, MS 1-557, BOISE ID 83716
Charles Jeffrey Gray officer: VP, General Counsel, Secretary 600 RIVERPARK DRIVE, NORTH READING MA 01864
Mark E Jagiela director, officer: President and CEO 321 HARRISON AVE, C/O TERADYNE INC, BOSTON MA 02118
Ernest E Maddock director LAM RESEARCH, 4650 CUSHING PARKWAY, FREMONT CA 94538
Peter Herweck director 600 RIVERPARK DRIVE, NORTH READING MA 01864
Paul J Tufano director C/O SOLECTRON CORPORATION, 847 GIBRALTAR DR., MILPITAS CA 95035
Gregory Stephen Smith officer: President, Semiconductor Test 1 HUCKLEBERRY RD, HOPKINTON MA 01748-1054
Ford Tamer director 3945 FREEDOM CIRCLE SUITE 1100, SANTA CLARA CA 95054
Timothy E Guertin director C/O VARIAN MEDICAL SYSTEMS, INC, 3100 HANSEN WAY M/S E-327, PALO ALTO CA 94304
Marilyn Matz director C/O LOGMEIN, INC., 320 SUMMER STREET, BOSTON MA 02210
Edwin J Gillis director C/O VERITAS SOFTWARE CORP, 350 ELLIS STREET, MOUNTAIN VIEW CA 94043

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