Aadi Bioscience (FRA:3350) Interest Expense : €-0.21 Mil (TTM As of Mar. 2024)

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What is Aadi Bioscience Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Aadi Bioscience's interest expense for the three months ended in Mar. 2024 was € -0.05 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-0.21 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. Aadi Bioscience's Operating Income for the three months ended in Mar. 2024 was € -17.95 Mil. Aadi Bioscience's Interest Expense for the three months ended in Mar. 2024 was € -0.05 Mil. Aadi Bioscience 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.

Aadi Bioscience Interest Expense Historical Data

The historical data trend for Aadi Bioscience'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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Aadi Bioscience Interest Expense Chart

Aadi Bioscience Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Interest Expense

-0.67

-0.59

-0.22

-0.21

Aadi Bioscience Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial										-0.05	-0.05	-0.05	-0.05	-0.05

Aadi Bioscience 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 €-0.21 Mil.

Aadi Bioscience (FRA:3350) 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.

Aadi Bioscience's Interest Expense for the three months ended in Mar. 2024 was €-0.05 Mil. Its Operating Income for the three months ended in Mar. 2024 was €-17.95 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €0.68 Mil.

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

Aadi Bioscience did not have earnings to cover the interest expense.

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

Aadi Bioscience (FRA:3350) Business Description

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AADI:USA 3350:Germany

Address

17383 Sunset Boulevard, Suite A250, Pacific Palisades, CA, USA, 90272

Website

https://www.aadibio.com

Aadi Bioscience Inc is a clinical-stage biopharmaceutical company developing precision therapies for genetically-defined cancers. Aadi's primary goal is to bring transformational therapies to cancer patients with mTOR pathway driver alterations such as alterations in TSC1 or TSC2 genes, where other mTOR inhibitors have not or cannot be effectively exploited due to problems of pharmacology, effective drug delivery, safety, or effective targeting to the disease site. It has one operating segment, which is the business of developing and commercializing proprietary therapeutic. Geographically, it is located in the United States.

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