American Aires (FRA:A5A0) Interest Expense : €-0.17 Mil (TTM As of Sep. 2024)

View and export this data going back to 2019. Start your Free Trial

What is American Aires Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. American Aires's interest expense for the three months ended in Sep. 2024 was € -0.09 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was €-0.17 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. American Aires's Operating Income for the three months ended in Sep. 2024 was € -1.17 Mil. American Aires's Interest Expense for the three months ended in Sep. 2024 was € -0.09 Mil. American Aires 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.

American Aires Interest Expense Historical Data

The historical data trend for American Aires'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.

American Aires Interest Expense Chart

American Aires Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-0.03

-0.01

-0.07

-0.35

-0.42

American Aires Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Interest Expense	Get a 7-Day Free Trial															-0.09	-0.02	-0.03	-0.03	-0.09

American Aires 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-0.17 Mil.

American Aires (FRA:A5A0) 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.

American Aires's Interest Expense for the three months ended in Sep. 2024 was €-0.09 Mil. Its Operating Income for the three months ended in Sep. 2024 was €-1.17 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was €0.04 Mil.

American Aires's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

American Aires did not have earnings to cover the interest expense.

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

American Aires Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » American Aires Inc (FRA:A5A0) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

AAIRF:USA A5A0:Germany WIFI:Canada

Address

400 Applewood Crescent, Suite 100, Vaughan, ON, CAN, L4K 0C3

Website

https://www.airestech.com

American Aires Inc is engaged in the production, distribution, and sales of electromagnetic protection devices. The company has three products: Air Shield Pro, Aires Defender Pro, Aires Guardian, and other products in the development phase.

American Aires Headlines

No Headlines