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Intelgenx Technologies (FRA:0IL) Interest Expense : €-1.94 Mil (TTM As of Mar. 2024)


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What is Intelgenx Technologies Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Intelgenx Technologies's interest expense for the three months ended in Mar. 2024 was € -0.73 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-1.94 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. Intelgenx Technologies's Operating Income for the three months ended in Mar. 2024 was € -2.98 Mil. Intelgenx Technologies's Interest Expense for the three months ended in Mar. 2024 was € -0.73 Mil. Intelgenx Technologies 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.

Intelgenx Technologies Interest Expense Historical Data

The historical data trend for Intelgenx Technologies'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.

Intelgenx Technologies Interest Expense Chart

Intelgenx Technologies 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 -1.09 -0.99 -1.32 -1.21 -1.49

Intelgenx Technologies 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 -0.30 -0.32 -0.37 -0.52 -0.73

Intelgenx Technologies 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 €-1.94 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.

Intelgenx Technologies  (FRA:0IL) 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.

Intelgenx Technologies's Interest Expense for the three months ended in Mar. 2024 was €-0.73 Mil. Its Operating Income for the three months ended in Mar. 2024 was €-2.98 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €4.97 Mil.

Intelgenx Technologies's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Intelgenx Technologies did not have earnings to cover the interest expense.

* 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.

Intelgenx Technologies Business Description

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Address
6420 Abrams, Ville Saint Laurent, QC, CAN, H4S 1Y2
Website
https://www.intelgenx.com
Intelgenx Technologies Corp is an oral drug delivery company. The company is focused on the development and manufacturing of pharmaceutical oral films based on its proprietary VersaFilmTM technology platform. Intelegenx focuses on the development of novel oral immediate-release and controlled-release products for the pharmaceutical market. It offers a comprehensive portfolio of pharmaceutical services, including pharmaceutical R&D, clinical monitoring, regulatory support, tech transfer and manufacturing scale-up, and commercial manufacturing. Its geographical segments are Europe, Canada, and United States.

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