Planar Systems (FRA:PL4) Interest Expense : €0.0 Mil (TTM As of Jun. 2015)

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What is Planar Systems Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Planar Systems's interest expense for the three months ended in Jun. 2015 was € 0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2015 was €0.0 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. Planar Systems's Operating Income for the three months ended in Jun. 2015 was € -0.1 Mil. Planar Systems's Interest Expense for the three months ended in Jun. 2015 was € 0.0 Mil. Planar Systems has no long-term debt ⁽¹⁾. 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Planar Systems Interest Expense Historical Data

The historical data trend for Planar Systems'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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Planar Systems Interest Expense Chart

Planar Systems Annual Data

Trend

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Interest Expense

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-0.06

-0.01

Planar Systems Quarterly Data
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Planar Systems 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 Jun. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was €0.0 Mil.

Planar Systems (FRA:PL4) 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.

Planar Systems's Interest Expense for the three months ended in Jun. 2015 was €0.0 Mil. Its Operating Income for the three months ended in Jun. 2015 was €-0.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2015 was €0.0 Mil.

Planar Systems's Interest Coverage for the quarter that ended in Jun. 2015 is calculated as

Planar Systems had no long-term debt ⁽¹⁾.

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

Good Sign:

Planar Systems Inc has no debt.

Planar Systems (FRA:PL4) Business Description

Industry

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Traded in Other Exchanges

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Address

Website

http://www.planar.com

Planar Systems Inc was incorporated on April 27, 1983. The Company is a provider of specialty display products, solutions, and services for customers in a number of end-market segments. Products include display components, completed displays, and display solutions and systems based on a variety of flat panel and front- and rear-projection technologies. The Company capitalizes on its strong supply chain, logistics, and distribution relationships to sell a variety of mainly LCD based displays to the United States marketplace. The Company offers High-End Home Display which offers various high-performance home theater front-projection systems, video processing equipment, large-format thin displays, and accessories, that aims at the high-end home market and certain commercial installations The Company employs sales professionals in many countries around the world and sells both directly to end users and through reseller channels.The Company's direct competitors are numerous and diverse. In display systems including AMLCD components sourced from manufacturers, Planar's value-added specialty display products compete against those of NEC, Acer, Viewsonic, Dell and others in the IT market. The Company's operations are subject to environmental and various other regulations in each of the jurisdictions in which it conducts business.

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