AMMX (AmeraMex International) Interest Expense: $-0.63 Mil (TTM As of Mar. 2023)


AMMX AmeraMex International Inc AMMX
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What is AmeraMex International Interest Expense?

AmeraMex International AMMX +1.13% 12 Interest Expense is $-0.63 Mil as of Mar. 2023. GuruFocus rates AMMX with a GF Score™ of 12/100.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. AmeraMex International's interest expense for the three months ended in Mar. 2023 was $ -0.12 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2023 was $-0.63 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. AmeraMex International's Operating Income for the three months ended in Mar. 2023 was $ 0.34 Mil. AmeraMex International's Interest Expense for the three months ended in Mar. 2023 was $ -0.12 Mil. AmeraMex International's Interest Coverage for the quarter that ended in Mar. 2023 was 2.77. 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.

AmeraMex International  (OTCPK:AMMX) 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.

AmeraMex International's Interest Expense for the three months ended in Mar. 2023 was $-0.12 Mil. Its Operating Income for the three months ended in Mar. 2023 was $0.34 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2023 was $3.78 Mil.

AmeraMex International's Interest Coverage for the quarter that ended in Mar. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2023 )/Interest Expense (Q: Mar. 2023 )
=-1*0.343/-0.124
=2.77

* 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.

AmeraMex International Interest Expense Historical Data

* Premium members only.

The historical data trend for AmeraMex International'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.

AmeraMex International Interest Expense Chart

AmeraMex International Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Interest Expense
Get a 7-Day Free Trial -0.83 -0.75 -1.05 -0.94 -0.68

AmeraMex International Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 -0.18 -0.10 -0.28 -0.13 -0.12
AMMX
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AmeraMex International Inc AMMX
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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AmeraMex International 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 Mar. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.63 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of $-0.63 Mil mean?
AmeraMex International (AMMX) has a Interest Expense of $-0.63 Mil as of Mar. 2023. Interest Expense is the amount a company pays on its long-term debt. View historical data on AmeraMex International and its competitors.
Is AmeraMex International's Interest Expense too high?
AmeraMex International's current Interest Expense is $-0.63 Mil. Overall, AmeraMex International has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does AmeraMex International's Interest Expense compare to PTRAQ and CEAD?
AmeraMex International's Interest Expense of $-0.63 Mil can be compared against companies in the Farm & Heavy Construction Machinery industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Farm & Heavy Construction Machinery company?
A good Interest Expense depends on the Farm & Heavy Construction Machinery industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on AmeraMex International and its competitors. AmeraMex International's current Interest Expense is $-0.63 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AmeraMex International stock overvalued right now?
AmeraMex International (AMMX) has a current Interest Expense of $-0.63 Mil. The current Interest Expense is $-0.63 Mil. AmeraMex International's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For AmeraMex International (AMMX), the current Interest Expense is $-0.63 Mil as of Mar. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

AmeraMex International Business Description

Address 3930 Esplanade, Chico, CA, USA, 95973
AmeraMex International Inc is a dealer of new and refurbished heavy equipment. It sells, leases, and rents heavy equipment to companies within multiple industries, including construction, shipping, logistics, mining, commercial farming, logging, forestry conservation, and lumber. The company's key product line is specialized container handling equipment for the loading and unloading of container ships and dry dock areas.
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