AmpliTech Group (AmpliTech Group) Interest Expense : $-0.00 Mil (TTM As of Dec. 2023)

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What is AmpliTech Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. AmpliTech Group's interest expense for the three months ended in Dec. 2023 was $ -0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.00 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. AmpliTech Group's Operating Income for the three months ended in Dec. 2023 was $ -0.52 Mil. AmpliTech Group's Interest Expense for the three months ended in Dec. 2023 was $ -0.00 Mil. AmpliTech Group 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.

AmpliTech Group Interest Expense Historical Data

The historical data trend for AmpliTech Group'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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AmpliTech Group Interest Expense Chart

AmpliTech Group Annual Data

Trend

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Dec23

Interest Expense

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-0.08

-0.11

-0.04

-0.01

AmpliTech Group 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															0.01	-	-	-	-

AmpliTech Group 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 $-0.00 Mil.

AmpliTech Group (NAS:AMPG) 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.

AmpliTech Group's Interest Expense for the three months ended in Dec. 2023 was $-0.00 Mil. Its Operating Income for the three months ended in Dec. 2023 was $-0.52 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $3.21 Mil.

AmpliTech Group's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

AmpliTech Group did not have earnings to cover the interest expense.

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

AmpliTech Group (AmpliTech Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » AmpliTech Group Inc (NAS:AMPG) » Definitions » Interest Expense

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Address

155 Plant Avenue, Hauppauge, NY, USA, 11788

Website

https://www.amplitechinc.com

AmpliTech Group Inc designs, develop, engineers, & assembles micro-wave component-based amplifiers that meet individual customer specifications. Its products consist of RF amplifiers & related subsystems, operating at multiple frequencies from 50kHz to 44GHz, including Low Noise Amplifiers, Medium Power Amplifiers, oscillators, filters, & custom assemblies such as MMIC (Monolithic Microwave Integrated Circuit) and MIC (Microwave Integrated Circuit) designs. It also offers non-recurring engineering services on a project-by-project basis, for a predetermined fixed contractual amount, or on a time-plus-material basis. It also operates as a manufacturer, & distributor of cryogenic microwave amplifiers, RF designs, & applications for Wireless Networks & the future of Wireless Communication.

Executives

Daniel Richard Mazziota	director	C/O AMPLITECH, INC., 155 PLANT AVENUE, HAUPPAUGE NY 11788
Jorge Luis Flores	officer: Chief Operating Officer	155 PLANT AVENUE, HAUPPAUGE NY 11788
Fawad Maqbool	director, 10 percent owner, officer: President, CEO and Secretary	C/O AMPLITECH GROUP, INC, 155 PLANT AVENUE, HAUPPAUGE NY 11788
Matthew Joseph Kappers	director	C/O AMPLITECH GROUP, INC, 155 PLANT AVENUE, HAUPPAUGE NY 11788
Louisa Sanfratello	officer: Chief Financial Officer	155 PLANT AVENUE, HAUPPAUGE NY 11788
Wayne Stephen Homschek	director	535 FIFTH ST., 22ND FLOOR, NEW YORK NY 10017
Andrew Dylan Lee	director	C/O AMPLITECH GROUP, INC, 155 PLANT AVENUE, HAUPPAUGE NY 11788
Microphase Corp	10 percent owner	100 TRAP FALLS ROAD EXTENSION,, SUITE 400, SHELTON CT 06484