Masimo (MEX:MASI) Interest Expense : MXN-859 Mil (TTM As of Mar. 2024)

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What is Masimo Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Masimo's interest expense for the three months ended in Mar. 2024 was MXN -199 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was MXN-859 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. Masimo's Operating Income for the three months ended in Mar. 2024 was MXN 564 Mil. Masimo's Interest Expense for the three months ended in Mar. 2024 was MXN -199 Mil. Masimo's Interest Coverage for the quarter that ended in Mar. 2024 was 2.83. 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.

Masimo Interest Expense Historical Data

The historical data trend for Masimo'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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Masimo Interest Expense Chart

Masimo Annual Data

Trend

Dec14

Dec15

Dec16

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Dec18

Dec19

Dec20

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Dec23

Interest Expense

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-6.19

-5.97

-6.15

-501.05

-853.81

Masimo 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															-214.50	-202.30	-222.96	-234.25	-199.16

Masimo 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 MXN-859 Mil.

Masimo (MEX:MASI) 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.

Masimo's Interest Expense for the three months ended in Mar. 2024 was MXN-199 Mil. Its Operating Income for the three months ended in Mar. 2024 was MXN564 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was MXN14,985 Mil.

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

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	564.273	/	-199.155
	=	2.83

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

Masimo (MEX:MASI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Masimo Corp (MEX:MASI) » Definitions » Interest Expense

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Traded in Other Exchanges

MASI:USA 0JZ2:UK 3M4:Germany 3M4:Germany

Address

52 Discovery, Irvine, CA, USA, 92618

Website

https://www.masimo.com

Masimo Corp is a global technology company. The company's segment includes healthcare and non-healthcare. The healthcare business segment is a key revenue driver, develops, manufactures, and markets a variety of noninvasive patient monitoring technologies, hospital automation and connectivity solutions, remote monitoring devices and consumer health products. Its non-healthcare segment includes consumer audio business develops, manufactures, markets sells and licenses premium and luxury audio sound products and related integration technologies.