PRXM (Proxim Wireless) Interest Expense: $-0.19 Mil (TTM As of Mar. 2010)


What is Proxim Wireless Interest Expense?

Proxim Wireless PRXM Interest Expense is $-0.19 Mil as of Mar. 2010.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Proxim Wireless's interest expense for the three months ended in Mar. 2010 was $ -0.19 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2010 was $-0.19 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. Proxim Wireless's Operating Income for the three months ended in Mar. 2010 was $ -1.50 Mil. Proxim Wireless's Interest Expense for the three months ended in Mar. 2010 was $ -0.19 Mil. Proxim Wireless 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.

Proxim Wireless  (OTCPK:PRXM) 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.

Proxim Wireless's Interest Expense for the three months ended in Mar. 2010 was $-0.19 Mil. Its Operating Income for the three months ended in Mar. 2010 was $-1.50 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2010 was $1.55 Mil.

Proxim Wireless's Interest Coverage for the quarter that ended in Mar. 2010 is calculated as

Proxim Wireless 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.

Proxim Wireless Interest Expense Historical Data

* Premium members only.

The historical data trend for Proxim Wireless'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.

Proxim Wireless Interest Expense Chart

Proxim Wireless Annual Data
Trend Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 -0.49 -0.83

Proxim Wireless Quarterly Data
Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Dec09 Mar10
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 0.00 0.00 -0.21 0.00 -0.19

Proxim Wireless 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. 2010 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.19 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 $-0.19 Mil mean?
Proxim Wireless (PRXM) has a Interest Expense of $-0.19 Mil as of Mar. 2010. Interest Expense is the amount a company pays on its long-term debt. View historical data on Proxim Wireless and its competitors.
Is Proxim Wireless' Interest Expense too high?
Proxim Wireless' current Interest Expense is $-0.19 Mil.
How does Proxim Wireless' Interest Expense compare to OSAT and GTXO?
Proxim Wireless' Interest Expense of $-0.19 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Interest Expense depends on the Hardware 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 Proxim Wireless and its competitors. Proxim Wireless's current Interest Expense is $-0.19 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Proxim Wireless stock overvalued right now?
Proxim Wireless (PRXM) has a current Interest Expense of $-0.19 Mil. The current Interest Expense is $-0.19 Mil. 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 Proxim Wireless (PRXM), the current Interest Expense is $-0.19 Mil as of Mar. 2010. 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.

Proxim Wireless Business Description

Address 2114 Ringwood Avenue, San Jose, CA, USA, 95131
Proxim Wireless Corp provides solutions for broadband wireless networks for enterprises, governments, and service providers. Its systems enable a variety of wireless applications, including security and surveillance, VoIP, last-mile access, enterprise LAN, and point-to-point backhaul. The company's product offerings include the Edge 1000 series of wireless broadband solutions; the Stratum series of 5 GHz and 6 GHz fixed wireless solutions for point-to-point and point-to-multipoint connectivity; ORiNOCO AP-9200R, an IP67-rated outdoor access point; ProximVision, a cloud-enabled carrier management system and WLAN controller; and Link calculator and estimator tools. Proxim serves customers through distributors, value-added resellers, system integrators, and original equipment manufacturers.