Iveda Solutions (Iveda Solutions) Interest Expense : $-0.01 Mil (TTM As of Mar. 2024)

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What is Iveda Solutions Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Iveda Solutions's interest expense for the three months ended in Mar. 2024 was $ -0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-0.01 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. Iveda Solutions's Operating Income for the three months ended in Mar. 2024 was $ -1.16 Mil. Iveda Solutions's Interest Expense for the three months ended in Mar. 2024 was $ -0.00 Mil. Iveda Solutions 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.

Iveda Solutions Interest Expense Historical Data

The historical data trend for Iveda Solutions'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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Iveda Solutions Interest Expense Chart

Iveda Solutions Annual Data

Trend

Dec10

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Dec23

Interest Expense

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-0.40

-0.27

-0.05

-0.01

Iveda Solutions Quarterly Data
	Jun15	Sep15	Dec15	Mar16	Jun16	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-	-	-	-	-

Iveda Solutions 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 $-0.01 Mil.

Iveda Solutions (NAS:IVDAW) 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.

Iveda Solutions's Interest Expense for the three months ended in Mar. 2024 was $-0.00 Mil. Its Operating Income for the three months ended in Mar. 2024 was $-1.16 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $0.48 Mil.

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

Iveda Solutions did not have earnings to cover the interest expense.

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

Iveda Solutions (Iveda Solutions) Business Description

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IVDA:USA

Address

1744 S Val Vista, Suite 213, Mesa, AZ, USA, 85204

Website

https://www.iveda.com

Iveda Solutions Inc is engaged in offering real-time IP video surveillance technologies. The company provides IoT sensors and devices for various applications such as energy management, smart home, smart building, smart community, and patients and eldercare. Its IvedaAI provides AI functions to IP cameras and network video recorders and video management systems. The group has a business presence in the U.S. and the Republic of China (Taiwan), from which key revenue is derived from the Republic of China (Taiwan).