PSSR (PASSUR Aerospace) Interest Expense: $-1.10 Mil (TTM As of Jul. 2022)

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PSSR PASSUR Aerospace Inc PSSR
12 GF Score
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What is PASSUR Aerospace Interest Expense?

PASSUR Aerospace PSSR 12 Interest Expense is $-1.10 Mil as of Jul. 2022. GuruFocus rates PSSR with a GF Score™ of 12/100.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. PASSUR Aerospace's interest expense for the three months ended in Jul. 2022 was $ -0.30 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jul. 2022 was $-1.10 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. PASSUR Aerospace's Operating Income for the three months ended in Jul. 2022 was $ -1.19 Mil. PASSUR Aerospace's Interest Expense for the three months ended in Jul. 2022 was $ -0.30 Mil. PASSUR Aerospace 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.

PASSUR Aerospace  (OTCPK:PSSR) 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.

PASSUR Aerospace's Interest Expense for the three months ended in Jul. 2022 was $-0.30 Mil. Its Operating Income for the three months ended in Jul. 2022 was $-1.19 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jul. 2022 was $12.76 Mil.

PASSUR Aerospace's Interest Coverage for the quarter that ended in Jul. 2022 is calculated as

PASSUR Aerospace 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.

PASSUR Aerospace Interest Expense Historical Data

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The historical data trend for PASSUR Aerospace'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.

PASSUR Aerospace Interest Expense Chart

PASSUR Aerospace Annual Data
Trend Oct12 Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.17 -0.34 -0.72 -0.91 -1.06

PASSUR Aerospace Quarterly Data
Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22
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 -0.27 -0.27 -0.27 -0.27 -0.30
PSSR
12GF Score
PASSUR Aerospace Inc PSSR
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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PASSUR Aerospace 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 Jul. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.10 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 $-1.10 Mil mean?
PASSUR Aerospace (PSSR) has a Interest Expense of $-1.10 Mil as of Jul. 2022. Interest Expense is the amount a company pays on its long-term debt. View historical data on PASSUR Aerospace and its competitors.
Is PASSUR Aerospace's Interest Expense too high?
PASSUR Aerospace's current Interest Expense is $-1.10 Mil. Overall, PASSUR Aerospace has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does PASSUR Aerospace's Interest Expense compare to BANT and HWKE?
PASSUR Aerospace's Interest Expense of $-1.10 Mil can be compared against companies in the Aerospace & Defense 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 an Aerospace & Defense company?
A good Interest Expense depends on the Aerospace & Defense 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 PASSUR Aerospace and its competitors. PASSUR Aerospace's current Interest Expense is $-1.10 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PASSUR Aerospace stock overvalued right now?
PASSUR Aerospace (PSSR) has a current Interest Expense of $-1.10 Mil. The current Interest Expense is $-1.10 Mil. PASSUR Aerospace's overall GF Score™ is 12/100. 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 PASSUR Aerospace (PSSR), the current Interest Expense is $-1.10 Mil as of Jul. 2022. 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.

PASSUR Aerospace Business Description

Address 3452 Lake Lynda Drive, Suite 190, Orlando, FL, USA, 06901
PASSUR Aerospace Inc is engaged in digital operational excellence, providing predictive analytics and decision support technology for the aviation industry, to improve the operational performance and cash flow of airlines and the airports where they operate. The company's information solutions are used at five North American airlines; by airlines in Europe; by more than 60 airport customers (used at the top 30 North American airports); by more than 100 business aviation organizations; and by the US government.
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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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