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iSun (ISUN) Interest Expense : $-1.69 Mil (TTM As of Dec. 2023)


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What is iSun Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. iSun's interest expense for the three months ended in Dec. 2023 was $ -0.61 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-1.69 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. iSun's Operating Income for the three months ended in Dec. 2023 was $ -2.49 Mil. iSun's Interest Expense for the three months ended in Dec. 2023 was $ -0.61 Mil. iSun 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.


iSun Interest Expense Historical Data

The historical data trend for iSun'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.

iSun Interest Expense Chart

iSun 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 -0.24 -0.30 -0.52 -1.35 -1.69

iSun Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -0.55 -0.35 -0.45 -0.29 -0.61

iSun 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.69 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.


iSun  (NAS:ISUN) 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.

iSun's Interest Expense for the three months ended in Dec. 2023 was $-0.61 Mil. Its Operating Income for the three months ended in Dec. 2023 was $-2.49 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $14.08 Mil.

iSun's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

iSun 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.


iSun (ISUN) Business Description

Traded in Other Exchanges
Address
400 Avenue D, Suite 10, Williston, VT, USA, 05495
iSun Inc is a solar energy services and infrastructure deployment company. Its service provides services include solar, storage, and electric vehicle infrastructure, design, development and professional services, engineering, procurement, installation, O&M, and storage. It operates in all solar markets including residential, commercial, industrial, and utility segments.
Executives
Claudia Michel Meer director 5425 WICKFORD DRIVE, NORTH BETHESDA MD 20852
Frederick Jr Myrick director, 10 percent owner, officer: Executive Vice President 1 HICKORY LANE, ESSEX JUNCTION VT 05452
Jeffrey Peck director, 10 percent owner, officer: Chief Executive Officer 618 BRENNAN WOODS DRIVE, WILLISTON VT 05495
John Patrick Sullivan officer: Chief Financial Officer 97 OVERLAKE PARK, BURLINGTON VT 05401
Michael Paul D'amato officer: Chief Strategy Officer 208 MIDWOOD STREET, BROOKLYN NY 11225
Daniel Reid Dus officer: President of iSun Industrial 850 SUMMER ST, M9, LEE MA 01238
Andrew Christian Matthy director 400 AVENUE D, WILLISTON VT 05495
Merritt Harold Kenneth Jr. officer: Secretary C/O ISUN, INC., 400 AVE D, SUITE 10, WILLISTON VT 05495
Sass Peress officer: Chief Innovation Officer 7501 MOUNTAIN SIGHTS, APT 505, MONTREAL A8 H4P0A8
Mats Wennberg 10 percent owner 240 S PINEAPPLE AVE, STE 701, SARASOTA FL 34236
Joseph A Bobier other: Member of group that owns 10% 240 S PINEAPPLE AVE, STE 701, SARASOTA FL 34236
Roger G Branton 10 percent owner 240 S PINEAPPLE AVE, STE 701, SARASOTA FL 34236
Richard L Mooers 10 percent owner 240 S PINEAPPLE AVE, STE 701, SARASOTA FL 34236
Douglas Rose director 802 HITCHING POST RD, VISTA CA 92081
Stewart I. Martin director 598 SW 16TH STREET, BOCA RATON FL 33432

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