XPEL (XPEL) Interest Expense : $-1.2 Mil (TTM As of Dec. 2023)

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What is XPEL Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. XPEL's interest expense for the three months ended in Dec. 2023 was $ -0.3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-1.2 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. XPEL's Operating Income for the three months ended in Dec. 2023 was $ 14.2 Mil. XPEL's Interest Expense for the three months ended in Dec. 2023 was $ -0.3 Mil. XPEL's Interest Coverage for the quarter that ended in Dec. 2023 was 47.10. 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.

XPEL Interest Expense Historical Data

The historical data trend for XPEL'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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XPEL Interest Expense Chart

XPEL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-0.10

-0.25

-0.30

-1.41

-1.25

XPEL 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															-0.48	-0.52	-0.34	-0.09	-0.30

XPEL 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 $-1.2 Mil.

XPEL (NAS:XPEL) 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.

XPEL's Interest Expense for the three months ended in Dec. 2023 was $-0.3 Mil. Its Operating Income for the three months ended in Dec. 2023 was $14.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $32.0 Mil.

XPEL'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	*	14.224	/	-0.302
	=	47.10

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

XPEL (XPEL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » XPEL Inc (NAS:XPEL) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

XPX:Germany

Address

711 Broadway, Suite 320, San Antonio, TX, USA, 78215

Website

https://www.xpel.com

XPEL Inc is a provider of protective films and coatings, including automotive paint protection film, surface protection film, automotive and commercial/residential window films, and ceramic coatings. The company has a network of trained installers and proprietary DAP software, dedicated to exceeding customer expectations by providing quality products, customer service, technical support, and world-class training.

Executives

Ryan Pape	director, officer: President and CEO	618 W SUNSET ROAD, SAN ANTONIO TX 78216
John F North	director	150 N. BARTLETT STREET, MEDFORD OR 97501
Mathieu Moreau	officer: Senior VP, Sales and Product	10 INWOOD CANYON DRIVE, SAN ANTONIO TX 78248
Barry Wood	officer: Senior Vice President/CFO	618 W. SUNSET ROAD, SAN ANTONIO TX 78216
Richard K. Crumly	director, 10 percent owner	P.O. BOX 460633, SAN ANTONIO TX 78246-0633
Mark Adams	director, 10 percent owner	12130 HIGHWAY 3, BUILDING 1, WEBSTER TX 77598
Mike Klonne	director	618 W. SUNSET ROAD, SAN ANTONIO TX 78216
Babatunde Awodiran	officer: SVP, Gen. Counsel, & Secretary	711 BROADWAY ST., SUITE 320, SAN ANTONIO TX 78215
Stacy L Bogart	director	13200 PIONEER TRAIL, EDEN PRAIRIE MN 55347
John Constantine	director	618 W. SUNSET ROAD, SAN ANTONIO TX 78216
Brooks Meltzer	officer: VP, General Counsel, Secretary	13 CAMDEN OAKS, SAN ANTONIO TX 78248