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Fire & Gas Detection Technologies (XTAE:FGAS) Interest Expense : ₪-1.44 Mil (TTM As of Dec. 2023)


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What is Fire & Gas Detection Technologies Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Fire & Gas Detection Technologies's interest expense for the six months ended in Dec. 2023 was ₪ -0.65 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₪-1.44 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. Fire & Gas Detection Technologies's Operating Income for the six months ended in Dec. 2023 was ₪ -2.95 Mil. Fire & Gas Detection Technologies's Interest Expense for the six months ended in Dec. 2023 was ₪ -0.65 Mil. Fire & Gas Detection Technologies 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.


Fire & Gas Detection Technologies Interest Expense Historical Data

The historical data trend for Fire & Gas Detection Technologies'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.

Fire & Gas Detection Technologies Interest Expense Chart

Fire & Gas Detection Technologies Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -8.35 -1.60 -1.42 -3.38 -1.44

Fire & Gas Detection Technologies Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.67 -1.62 -1.76 -0.79 -0.65

Fire & Gas Detection Technologies 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 semi-annually data reported by the company within the most recent 12 months, which was ₪-1.44 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.


Fire & Gas Detection Technologies  (XTAE:FGAS) 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.

Fire & Gas Detection Technologies's Interest Expense for the six months ended in Dec. 2023 was ₪-0.65 Mil. Its Operating Income for the six months ended in Dec. 2023 was ₪-2.95 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was ₪17.05 Mil.

Fire & Gas Detection Technologies's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Fire & Gas Detection Technologies 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.


Fire & Gas Detection Technologies (XTAE:FGAS) Business Description

Traded in Other Exchanges
N/A
Address
Kibbutz Bror Hayil, Ashkelon Beach, Ashkelon, ISR, 693709
Fire & Gas Detection Technologies Ltd is engaged in the business of providing flame detection systems to the Oil & Gas industry.

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