Mycronic AB (Mycronic AB) Interest Expense : $0.0 Mil (TTM As of Mar. 2024)

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What is Mycronic AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Mycronic AB's interest expense for the three months ended in Mar. 2024 was $ 0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $0.0 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. Mycronic AB's Operating Income for the three months ended in Mar. 2024 was $ 56.1 Mil. Mycronic AB's Interest Expense for the three months ended in Mar. 2024 was $ 0.0 Mil. GuruFocus does not calculate Mycronic AB's interest coverage with the available data. 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.

Mycronic AB Interest Expense Historical Data

The historical data trend for Mycronic AB'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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Mycronic AB Interest Expense Chart

Mycronic AB Annual Data

Trend

Dec14

Dec15

Dec16

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Dec23

Interest Expense

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-1.17

-1.67

-1.54

-1.25

-1.27

Mycronic AB 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															-	-	-	-	-

Mycronic AB 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 $0.0 Mil.

Mycronic AB (OTCPK:MICLF) 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.

Mycronic AB's Interest Expense for the three months ended in Mar. 2024 was $0.0 Mil. Its Operating Income for the three months ended in Mar. 2024 was $56.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $13.5 Mil.

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

GuruFocus does not calculate Mycronic AB's interest coverage with the available data.

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

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Mycronic AB has enough cash to cover all of its debt. Its financial situation is stable.

Mycronic AB (Mycronic AB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Mycronic AB (OTCPK:MICLF) » Definitions » Interest Expense

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Traded in Other Exchanges

MYCR:Sweden 0MQG:UK MLT:Germany

Address

Nytorpsvagen 9, P.O. Box 3141, Taby, Stockholm, SWE, 183 03

Website

https://www.mycronic.com

Mycronic AB develops solutions for advanced electronics production. It operates in four segments: Pattern Generators, which develops, manufactures, and markets mask writers and measuring machines for the production of advanced photomasks for displays; The High Flex division develops, manufactures, and markets surface mount technology (SMT) and inspection equipment, focusing on markets for flexible manufacture, primarily in Europe and the USA; The High Volume division develops, manufactures and markets equipment for dispensing and conformal coating of circuit boards, with a focus on high-volume markets in Asia. The Global Technologies division's offering includes advanced production solutions with high levels of differentiation.