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BE Semiconductor Industries NV (BE Semiconductor Industries NV) Interest Expense : $-11.6 Mil (TTM As of Mar. 2024)


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What is BE Semiconductor Industries NV Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. BE Semiconductor Industries NV's interest expense for the three months ended in Mar. 2024 was $ -0.6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-11.6 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. BE Semiconductor Industries NV's Operating Income for the three months ended in Mar. 2024 was $ 44.3 Mil. BE Semiconductor Industries NV's Interest Expense for the three months ended in Mar. 2024 was $ -0.6 Mil. BE Semiconductor Industries NV's Interest Coverage for the quarter that ended in Mar. 2024 was 69.14. 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.


BE Semiconductor Industries NV Interest Expense Historical Data

The historical data trend for BE Semiconductor Industries NV'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.

BE Semiconductor Industries NV Interest Expense Chart

BE Semiconductor Industries NV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -11.31 -14.44 -12.39 -12.93 -12.72

BE Semiconductor Industries NV Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -1.65 -1.81 -1.88 -7.30 -0.64

BE Semiconductor Industries NV 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-11.6 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.


BE Semiconductor Industries NV  (OTCPK:BESIY) 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.

BE Semiconductor Industries NV's Interest Expense for the three months ended in Mar. 2024 was $-0.6 Mil. Its Operating Income for the three months ended in Mar. 2024 was $44.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $303.0 Mil.

BE Semiconductor Industries NV's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*44.251/-0.64
=69.14

* 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.


BE Semiconductor Industries NV (BE Semiconductor Industries NV) Business Description

Address
Ratio 6, Duiven, NLD, 6921 RW
Besi provides equipment for the semiconductor assembly and packaging market (known as the back-end). Besi is one of the market leaders with a focused portfolio and flexible business operations, which allow it to maintain leading gross and operating margins. Besi's main clients are the world's largest foundries (TSMC, Samsung, and Intel) as well as integrated device manufacturers.