AUSI (Aura Systems) Interest Expense : $-1.34 Mil (TTM As of Nov. 2024)

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What is Aura Systems Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Aura Systems's interest expense for the three months ended in Nov. 2024 was $ -0.48 Mil. Its interest expense for the trailing twelve months (TTM) ended in Nov. 2024 was $-1.34 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. Aura Systems's Operating Income for the three months ended in Nov. 2024 was $ -0.87 Mil. Aura Systems's Interest Expense for the three months ended in Nov. 2024 was $ -0.48 Mil. Aura Systems 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.

Aura Systems Interest Expense Historical Data

The historical data trend for Aura Systems'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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Aura Systems Interest Expense Chart

Aura Systems Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Interest Expense

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-1.23

-1.28

-1.27

-0.73

-1.47

Aura Systems Quarterly Data
	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24
Interest Expense	Get a 7-Day Free Trial															-0.33	-0.29	-0.28	-0.29	-0.48

Aura Systems 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 Nov. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.34 Mil.

Aura Systems (OTCPK:AUSI) 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.

Aura Systems's Interest Expense for the three months ended in Nov. 2024 was $-0.48 Mil. Its Operating Income for the three months ended in Nov. 2024 was $-0.87 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Nov. 2024 was $8.69 Mil.

Aura Systems's Interest Coverage for the quarter that ended in Nov. 2024 is calculated as

Aura Systems did not have earnings to cover the interest expense.

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

Aura Systems Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Aura Systems Inc (OTCPK:AUSI) » Definitions » Interest Expense

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Address

20431 North Sea Circle, Lake Forest, CA, USA, 92630

Website

https://www.aurasystems.com

Aura Systems Inc is engaged in the development, commercialization, and sales of products, systems, and components. It uses patented and proprietary electromagnetic technology. The company develops and sells AuraGen axial flux mobile induction power systems to the industrial, commercial, and defense mobile power generation markets. It has also developed High Force Electromagnetic Linear Actuators.

Executives

Warren Breslow	10 percent owner	721 N REXFORD DR, BEVERLY HILLS CA 90210
Cipora Lavut	director, officer: President	12100 WILSHIRE BOULEVARD, LOS ANGELES CA 90025
Robert T Lempert	director, officer: Secretary	C/O AURA SYSTEMS, INC,, 10541 ASHDALE STREET, STANTON CA 90680
David Mann	director, officer: Chief Financial Officer	C/O AURA SYSTEMS, INC., 10541 ASHDALE STREET, STANTON CA 90680
Zvi Kurtzman	10 percent owner	C/O AURA SYSTEMS INC, 2335 ALASKA AVENUE, EL SEGUNDO CA 90245
Elimelech Lowy	10 percent owner	380 B BETH HALEVY RUE, BOISBRIAND A8 J7E 4H4
Ronald Buschur	director	1801 E ST ANDREW PLACE, SAN ANA CA 92705
Siryong Yu	director	10541 ASHDALE STREET, STANTON CA 90680
Timothy John O'toole	officer: Interim CFO	C/O AURA SYSTEMS, INC., 10541 ASHDALE STREET, STANTON CA 90680
Jeffrey D. Cowan	director	C/O AURA SYSTEMS, INC., 10541 ASHDALE STREET, STANTON CA 90680
John M. Cochran	director	C/O AURA SYSTEMS, INC., 10541 ASHDALE STREET, STANTON CA 90680
Michael Sawruk	director	C/O AURA SYSTEMS, INC., 10541 ASHDALE STREET, STANTON CA 90680
Roland J. Bopp	director	120 HANCOCK LANE, WESTAMPTON NJ 08060
Michael Paritee	director	C/O AURA SYSTEMS, INC., 10541 ASHDALE STREET, STANTON CA 90680
Gary M. Wells	director	8960 BAY COLONY DRIVE #404, NAPLES FL 34108

Aura Systems Headlines

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