Stratec SE (Stratec SE) Interest Expense : $-4.3 Mil (TTM As of Dec. 2023)

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What is Stratec SE Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Stratec SE's interest expense for the three months ended in Dec. 2023 was $ -1.3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-4.3 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. Stratec SE's Operating Income for the three months ended in Dec. 2023 was $ 13.2 Mil. Stratec SE's Interest Expense for the three months ended in Dec. 2023 was $ -1.3 Mil. Stratec SE's Interest Coverage for the quarter that ended in Dec. 2023 was 10.28. 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.

Stratec SE Interest Expense Historical Data

The historical data trend for Stratec SE'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.

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Stratec SE Interest Expense Chart

Stratec SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-1.08

-1.35

-1.62

-2.01

-4.35

Stratec SE Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-0.35	-0.85	-0.77	-1.40	-1.29

Stratec SE 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-4.3 Mil.

Stratec SE (OTCPK:STSEY) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Stratec SE's Interest Expense for the three months ended in Dec. 2023 was $-1.3 Mil. Its Operating Income for the three months ended in Dec. 2023 was $13.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $102.9 Mil.

Stratec SE's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	13.242	/	-1.288
	=	10.28

The higher the ratio, the stronger the company's financial strength is.

Stratec SE (Stratec SE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Stratec SE (OTCPK:STSEY) » Definitions » Interest Expense

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Traded in Other Exchanges

SBS:Germany

Address

Gewerbestrasse 37, Birkenfeld, RP, DEU, 75217

Website

https://www.stratec.com

Stratec SE designs and manufactures automated analyzer systems for laboratory data management and solutions for molecular diagnostic sample preparation and stabilization. Its business segments are Instrumentation, Diatron and Smart Consumables. Its Instrumentation segment is engaged in designing and manufacturing automated analyzer systems for clinical diagnostics and biotechnology customers. The Diatron segment comprises the business with systems, system components, consumables, and tests in the low throughput hematology and clinical chemistry segment. Its Smart Consumables segment is engaged in developing and selling scientific materials, such as nucleic acid purification. The company generates maximum revenue from the Instrumentation segment.

Stratec SE (Stratec SE) Headlines

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