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PRBCF (Precise Biometrics AB) Interest Expense : $-0.02 Mil (TTM As of Sep. 2024)


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What is Precise Biometrics AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Precise Biometrics AB's interest expense for the three months ended in Sep. 2024 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was $-0.02 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. Precise Biometrics AB's Operating Income for the three months ended in Sep. 2024 was $ 0.11 Mil. Precise Biometrics AB's Interest Expense for the three months ended in Sep. 2024 was $ 0.00 Mil. GuruFocus does not calculate Precise Biometrics 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.


Precise Biometrics AB Interest Expense Historical Data

The historical data trend for Precise Biometrics 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.

* Premium members only.

Precise Biometrics AB Interest Expense Chart

Precise Biometrics AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.04 -0.01 -0.03 -0.13 -0.10

Precise Biometrics AB Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -0.05 - -0.02 - -

Precise Biometrics 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.02 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.


Precise Biometrics AB  (OTCPK:PRBCF) 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.

Precise Biometrics AB's Interest Expense for the three months ended in Sep. 2024 was $0.00 Mil. Its Operating Income for the three months ended in Sep. 2024 was $0.11 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was $2.07 Mil.

Precise Biometrics AB's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

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

* 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.


Precise Biometrics AB Business Description

Traded in Other Exchanges
Address
Scheelevagen 27, Lund, SWE, 223 63
Precise Biometrics AB is engaged in the business of developing and selling identification software for the authentication of people's identity in mobile phones, smart cards, and products with sensors. It has two product segments: Digital Identity and Biometric Technologies. In the Biometric Technologies segment which generates key revenue, the company licenses, among other things, its fingerprint software to sensor manufacturers and includes products like BioMatch, BioLive, and BioEnhance. The Digital Identity segment offers system solutions for visitor management and physical biometric access and includes products like YOUNiQ Access and YOUNiQ Visit.

Precise Biometrics AB Headlines

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