Cadre Holdings (Cadre Holdings) Interest Expense : $-4.5 Mil (TTM As of Dec. 2023)

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What is Cadre Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Cadre Holdings's interest expense for the three months ended in Dec. 2023 was $ -0.8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-4.5 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. Cadre Holdings's Operating Income for the three months ended in Dec. 2023 was $ 13.7 Mil. Cadre Holdings's Interest Expense for the three months ended in Dec. 2023 was $ -0.8 Mil. Cadre Holdings's Interest Coverage for the quarter that ended in Dec. 2023 was 17.09. 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.

Cadre Holdings Interest Expense Historical Data

The historical data trend for Cadre Holdings'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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Cadre Holdings Interest Expense Chart

Cadre Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

-29.85

-24.39

-16.43

-6.21

-4.53

Cadre Holdings Quarterly Data
	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												-1.71	-1.64	-1.01	-1.07	-0.80

Cadre Holdings 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 $-4.5 Mil.

Cadre Holdings (NYSE:CDRE) 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.

Cadre Holdings's Interest Expense for the three months ended in Dec. 2023 was $-0.8 Mil. Its Operating Income for the three months ended in Dec. 2023 was $13.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $131.0 Mil.

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

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	13.737	/	-0.804
	=	17.09

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

Cadre Holdings (Cadre Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Cadre Holdings Inc (NYSE:CDRE) » Definitions » Interest Expense

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Traded in Other Exchanges

N/A

Address

13386 International Parkway, Jacksonville, FL, USA, 32218

Website

https://www.cadre-holdings.com

Cadre Holdings Inc is engaged in the design and manufacture of a diversified product portfolio of critical safety and survivability equipment to protect first responders, federal agencies, outdoor recreation, and personal protection markets. The Company's equipment provides critical protection to allow its users to safely and securely perform their duties and protect those around them in hazardous or life-threatening situations. Its operations are comprised of two reportable segments: Products and Distribution.

Executives

Blaine Browers	officer: CHIEF FINANCIAL OFFICER	13386 INTERNATIONAL PARKWAY, JACKSONVILLE FL 32218
Warren B Kanders	director, 10 percent owner, officer: CEO AND CHAIRMAN	ONE LANDMARK SQUARE, 22ND FLOOR, STAMFORD, CT 06901
Nicolas Sokolow	director	100 BLVD MALESHERBES, PARIS I0 00000
Brad Williams	officer: PRESIDENT	13386 INTERNATIONAL PARKWAY, JACKSONVILLE FL 32218
Deborah A Decotis	director	1633 BROADWAY, NEW YORK NY 10019
Quigley William G Iii	director
Hamish Norton	director	13386 INTERNATIONAL PARKWAY, JACKSONVILLE FL 32218
Maui Holdings, Llc	10 percent owner	340 ROYAL POINCIANA WAY, SUITE 317-250, PALM BEACH FL 33480