FTGFF (Firan Technology Group) Interest Expense : $-1.7 Mil (TTM As of Feb. 2025)

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What is Firan Technology Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Firan Technology Group's interest expense for the three months ended in Feb. 2025 was $ -0.4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Feb. 2025 was $-1.7 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. Firan Technology Group's Operating Income for the three months ended in Feb. 2025 was $ 3.2 Mil. Firan Technology Group's Interest Expense for the three months ended in Feb. 2025 was $ -0.4 Mil. Firan Technology Group's Interest Coverage for the quarter that ended in Feb. 2025 was 7.35. 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.

Firan Technology Group Interest Expense Historical Data

The historical data trend for Firan Technology Group'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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Firan Technology Group Interest Expense Chart

Firan Technology Group Annual Data

Trend

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Nov24

Interest Expense

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-0.59

-0.46

-0.35

-0.97

-1.58

Firan Technology Group Quarterly Data
	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24	Feb25
Interest Expense	Get a 7-Day Free Trial															-0.39	-0.43	-0.42	-0.38	-0.44

Firan Technology Group 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 Feb. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.7 Mil.

Firan Technology Group (OTCPK:FTGFF) 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.

Firan Technology Group's Interest Expense for the three months ended in Feb. 2025 was $-0.4 Mil. Its Operating Income for the three months ended in Feb. 2025 was $3.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Feb. 2025 was $26.2 Mil.

Firan Technology Group's Interest Coverage for the quarter that ended in Feb. 2025 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Feb. 2025 )	/	Interest Expense (Q: Feb. 2025 )
	=	-1	*	3.204	/	-0.436
	=	7.35

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

Firan Technology Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Firan Technology Group Corp (OTCPK:FTGFF) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

22F:Germany FTG:Canada

Address

250 Finchdene Square, Toronto, ON, CAN, M1X 1A5

Website

https://www.ftgcorp.com

Firan Technology Group Corp is a supplier of aerospace and defense electronic products and subsystems. It has two operating segments namely FTG Circuits and FTG Aerospace. FTG Circuits manufactures printed circuit boards within the marketplace globally. FTG Aerospace designs and manufactures illuminated cockpit panels, keyboards, bezels, sub-assemblies, and assemblies for original equipment manufacturers of avionics products and for airframe manufacturers. The company operates in Canada, the United States, Asia, and Europe. The majority of revenue is derived from the FTG Circuits segment.