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SPVNF (Spectra7 Microsystems) Interest Expense : $-1.19 Mil (TTM As of Sep. 2024)


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What is Spectra7 Microsystems Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Spectra7 Microsystems'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 $-1.19 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. Spectra7 Microsystems's Operating Income for the three months ended in Sep. 2024 was $ -2.48 Mil. Spectra7 Microsystems's Interest Expense for the three months ended in Sep. 2024 was $ -0.00 Mil. Spectra7 Microsystems 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.


Spectra7 Microsystems Interest Expense Historical Data

The historical data trend for Spectra7 Microsystems'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.

Spectra7 Microsystems Interest Expense Chart

Spectra7 Microsystems 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 -1.94 -2.17 -1.56 -1.49 -1.67

Spectra7 Microsystems 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 -0.42 -0.50 -0.54 -0.15 -

Spectra7 Microsystems 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 $-1.19 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.


Spectra7 Microsystems  (OTCPK:SPVNF) 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.

Spectra7 Microsystems'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 $-2.48 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was $0.00 Mil.

Spectra7 Microsystems's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Spectra7 Microsystems 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.


Spectra7 Microsystems Business Description

Traded in Other Exchanges
Address
181 Bay Street, Suite 1800, Toronto, ON, CAN, M5J 2T9
Spectra7 Microsystems Inc is a high-performance analog semiconductor company delivering unprecedented bandwidth, speed, and resolution to enable disruptive industrial design for electronics manufacturers in virtual reality, augmented reality, mixed reality, data centers, and other connectivity markets.