What is Quantum Interest Expense?
Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Quantum's interest expense for the
three
months ended in Jun. 2023 was $ -3.2 Mil.
Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was $-11.7 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. Quantum's Operating Income for the
three
months ended in Jun. 2023 was $ -4.5 Mil. Quantum's Interest Expense for the
three
months ended in Jun. 2023 was $ -3.2 Mil.
Quantum 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.
Quantum 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 Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-11.7 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.
Quantum (NAS:QMCO) 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.
Quantum's Interest Expense for the
three
months ended in Jun. 2023 was $-3.2 Mil. Its
Operating Income
for the
three
months ended in Jun. 2023 was $-4.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the
three
months ended in Jun. 2023 was $105.6 Mil.
Quantum's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as
| Quantum 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.
Quantum (Quantum) Business Description
Traded in Other Exchanges
Address
224 Airport Parkway, Suite 550, San Jose, CA, USA, 95110
Quantum Corp is a United States-based company engaged in providing scale-out storage, archive, and data protection for small businesses and large multinational enterprises. Its solutions capture, share, manage and preserve digital assets throughout the data lifecycle. The scale-out portfolio offerings enable customers to manage large unstructured data sets, provide ingest capabilities, real-time collaboration, scalability, and protection. It derives primary revenues from the products based on tape technology. A majority of the firm's revenue is generated in the Americas, with the rest coming from Europe and Asia-Pacific.
Executives
| Brian E Cabrera |
officer: Chief Legal & Ofcr; Corp Secy |
CALLIDUS SOFTWARE INC., 160 W. SANTA CLARA STREET, SUITE 1500, SAN JOSE CA 95113 |
| James J Lerner |
director, officer: Pres. & CEO, Chairman of Board |
C/O SEAGATE TECHNOLOGY PLC, 10200 S. DEANZA BLVD., CUPERTINO CA 95014 |
| Laura A. Nash |
officer: Chief Accounting Officer |
C/O QUANTUM CORPORATION, 224 AIRPORT PARKWAY, SUITE 550, SAN JOSE CA 95110 |
| John Hurley |
officer: Chief Revenue Officer |
224 AIRPORT PARKWAY, SUITE 550, SAN JOSE CA 95110 |
| Kenneth P. Gianella |
officer: Chief Financial Officer |
C/O SILVER SPRING NETWORKS, INC., 230 W. TASMAN DRIVE, SAN JOSE CA 95134 |
| Hugues Meyrath |
director |
1745 TECHNOLOGY DRIVE, SAN JOSE CA 95110 |
| Don Jaworksi |
director |
224 AIRPORT PARKWAY SUITE 550, C/O QUANTUM CORPORATION, SAN JOSE CA 95110 |
| Lewis W. Moorehead |
officer: Chief Accounting Officer |
1 BROADWAY, 14TH FLOOR, CAMBRIDGE MA 02142 |
| J Michael Dodson |
officer: Senior Vice President, CFO |
1220 N. SIMON CIRCLE, ANAHEIM CA 92806 |
| Christopher D. Neumeyer |
director |
224 AIRPORT PARKWAY SUITE 550, SAN JOSE CA 95110 |
| Pacific Investment Management Co Llc |
10 percent owner |
650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660 |
| Yue Zhou White |
director |
C/O QUANTUM CORPORATION, 224 AIRPORT PARKWAY, SUITE 550, SAN JOSE CA 95110 |
| Marc E Rothman |
director |
1303 E ALGONQUIN ROAD, SCHAUMBURG X1 60196 |
| Raghavendra Rau |
director |
C/O XPERI HOLDING CORPORATION, 3025 ORCHARD PARKWAY, SAN JOSE CA 95134 |
| John Fichthorn |
director |
C/O DIALECTIC CAPITAL MANAGEMENT, LLC, 17 STATE STREET, SUITE 3930, NEW YORK NY 10004 |
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