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Protalix BioTherapeutics (FRA:PBDA) Interest Expense : €-2.71 Mil (TTM As of Mar. 2024)


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What is Protalix BioTherapeutics Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Protalix BioTherapeutics's interest expense for the three months ended in Mar. 2024 was € -0.36 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-2.71 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. Protalix BioTherapeutics's Operating Income for the three months ended in Mar. 2024 was € -4.47 Mil. Protalix BioTherapeutics's Interest Expense for the three months ended in Mar. 2024 was € -0.36 Mil. Protalix BioTherapeutics 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.


Protalix BioTherapeutics Interest Expense Historical Data

The historical data trend for Protalix BioTherapeutics'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.

Protalix BioTherapeutics Interest Expense Chart

Protalix BioTherapeutics 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 -7.17 -7.95 -6.66 -2.39 -2.92

Protalix BioTherapeutics 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 -0.61 -1.21 -0.43 -0.71 -0.36

Protalix BioTherapeutics 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 €-2.71 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.


Protalix BioTherapeutics  (FRA:PBDA) 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.

Protalix BioTherapeutics's Interest Expense for the three months ended in Mar. 2024 was €-0.36 Mil. Its Operating Income for the three months ended in Mar. 2024 was €-4.47 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €4.14 Mil.

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

Protalix BioTherapeutics 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.


Protalix BioTherapeutics (FRA:PBDA) Business Description

Traded in Other Exchanges
Address
2 University Plaza, Suite 100, Hackensack, NJ, USA, 07601
Protalix BioTherapeutics Inc is a biopharmaceutical company focused on the development and commercialization of recombinant therapeutic proteins based on its proprietary ProCellEx protein expression system or ProCellEx. It has developed taliglucerase alfa for the treatment of Gaucher disease. The company's products also treat diseases like Fabry disease and cystic fibrosis. The company's primary sources of revenue include its sales of BioManguinhos alfataliglicerase in Brazil and of drug substance to Pfizer under its Amended Pfizer Agreement.

Protalix BioTherapeutics (FRA:PBDA) Headlines

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