MICR (Micron Solutions) Interest Expense: $-0.15 Mil (TTM As of Mar. 2023)


MICR Micron Solutions Inc MICR
16 GF Score
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What is Micron Solutions Interest Expense?

Micron Solutions MICR 16 Interest Expense is $-0.15 Mil as of Mar. 2023. GuruFocus rates MICR with a GF Score™ of 16/100.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Micron Solutions's interest expense for the three months ended in Mar. 2023 was $ -0.05 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2023 was $-0.15 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. Micron Solutions's Operating Income for the three months ended in Mar. 2023 was $ -0.74 Mil. Micron Solutions's Interest Expense for the three months ended in Mar. 2023 was $ -0.05 Mil. Micron 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.

Micron Solutions  (OTCPK:MICR) 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.

Micron Solutions's Interest Expense for the three months ended in Mar. 2023 was $-0.05 Mil. Its Operating Income for the three months ended in Mar. 2023 was $-0.74 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2023 was $2.88 Mil.

Micron Solutions's Interest Coverage for the quarter that ended in Mar. 2023 is calculated as

Micron Solutions 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.

Micron Solutions Interest Expense Historical Data

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The historical data trend for Micron 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.

Micron Solutions Interest Expense Chart

Micron Solutions Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.39 -0.43 -0.32 -0.13 -0.13

Micron Solutions Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 -0.03 -0.03 -0.03 -0.04 -0.05
MICR
16GF Score
Micron Solutions Inc MICR
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Micron 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.15 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of $-0.15 Mil mean?
Micron Solutions (MICR) has a Interest Expense of $-0.15 Mil as of Mar. 2023. Interest Expense is the amount a company pays on its long-term debt. View historical data on Micron Solutions and its competitors.
Is Micron Solutions' Interest Expense too high?
Micron Solutions' current Interest Expense is $-0.15 Mil. Overall, Micron Solutions has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Micron Solutions' Interest Expense compare to AIMD and RSLS?
Micron Solutions' Interest Expense of $-0.15 Mil can be compared against companies in the Medical Devices & Instruments industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Medical Devices & Instruments company?
A good Interest Expense depends on the Medical Devices & Instruments industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Micron Solutions and its competitors. Micron Solutions's current Interest Expense is $-0.15 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Micron Solutions stock overvalued right now?
Micron Solutions (MICR) has a current Interest Expense of $-0.15 Mil. The current Interest Expense is $-0.15 Mil. Micron Solutions' overall GF Score™ is 16/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Micron Solutions (MICR), the current Interest Expense is $-0.15 Mil as of Mar. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Micron Solutions Business Description

Address 25 Sawyer Passway, Fitchburg, MA, USA, 01420
Micron Solutions Inc is a diversified contract manufacturing organization that produces engineered medical device components requiring precision machining and injection molding. It provides design, engineering, quality, and regulatory expertise across the three product lines, machining, thermoplastic injection molding, and sensors. It's engaged in the production and sale of silver chloride-coated and conductive resin sensors used as consumable component parts in the manufacture of integrated disposable electrophysiological sensors. It also provides other value-added services, including the design, manufacture, and rehabilitation of injection molding tools, pad printing, ultrasonic welding, stamping, laser marking, clean room molding, and others.
16GF Score

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Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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