Tandem Diabetes Care (MEX:TNDM) Interest Expense : MXN-139 Mil (TTM As of Mar. 2024)

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What is Tandem Diabetes Care Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Tandem Diabetes Care's interest expense for the three months ended in Mar. 2024 was MXN -19 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was MXN-139 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. Tandem Diabetes Care's Operating Income for the three months ended in Mar. 2024 was MXN -692 Mil. Tandem Diabetes Care's Interest Expense for the three months ended in Mar. 2024 was MXN -19 Mil. Tandem Diabetes Care 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.

Tandem Diabetes Care Interest Expense Historical Data

The historical data trend for Tandem Diabetes Care'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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Tandem Diabetes Care Interest Expense Chart

Tandem Diabetes Care Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-241.75

-88.48

-84.09

-128.41

Tandem Diabetes Care 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															-19.43	-27.52	-72.08	-20.32	-19.00

Tandem Diabetes Care 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-139 Mil.

Tandem Diabetes Care (MEX:TNDM) 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.

Tandem Diabetes Care's Interest Expense for the three months ended in Mar. 2024 was MXN-19 Mil. Its Operating Income for the three months ended in Mar. 2024 was MXN-692 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was MXN7,638 Mil.

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

Tandem Diabetes Care did not have earnings to cover the interest expense.

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

Tandem Diabetes Care (MEX:TNDM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Tandem Diabetes Care Inc (MEX:TNDM) » Definitions » Interest Expense

Comparable Companies

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TNDM:USA 0M0F:UK TD5A:Germany

Address

11075 Roselle Street, San Diego, CA, USA, 92121

Website

https://www.tandemdiabetes.com

Tandem Diabetes designs, manufactures, and markets durable insulin pumps for diabetes patients. The firm first entered this market in 2012 and has since introduced multiple generations of pumps leading to its current t:slim X2 device. Nearly three quarters of total revenue is derived from the U.S., with the remainder primarily from other developed nations. The pumps themselves generate just over half of total sales, and another one third is from disposable infusion sets that need to be changed over every 2 to 3 days.