Inari Medical (STU:IM7) Interest Expense : €-0.3 Mil (TTM As of Sep. 2024)

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What is Inari Medical Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Inari Medical's interest expense for the three months ended in Sep. 2024 was € -0.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was €-0.3 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. Inari Medical's Operating Income for the three months ended in Sep. 2024 was € -6.0 Mil. Inari Medical's Interest Expense for the three months ended in Sep. 2024 was € -0.1 Mil. Inari Medical 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.

Inari Medical Interest Expense Historical Data

The historical data trend for Inari Medical'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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Inari Medical Interest Expense Chart

Inari Medical Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-0.83

-0.93

-0.26

-0.28

-0.18

Inari Medical 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															-0.04	-0.06	-0.07	-0.07	-0.07

Inari Medical 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 €-0.3 Mil.

Inari Medical (STU:IM7) 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.

Inari Medical's Interest Expense for the three months ended in Sep. 2024 was €-0.1 Mil. Its Operating Income for the three months ended in Sep. 2024 was €-6.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was €28.1 Mil.

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

Inari Medical did not have earnings to cover the interest expense.

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

Inari Medical Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Inari Medical Inc (STU:IM7) » Definitions » Interest Expense

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NARI:USA

Address

6001 Oak Canyon, Suite 100, Irvine, CA, USA, 92618

Website

https://www.inarimedical.com

Inari Medical Inc is a medical device company focused on developing products to treat patients suffering from Chronic Venous Disease. Its product portfolio includes; ClotTriever, for the removal of the clot from peripheral blood vessels and treats patients suffering from deep vein thrombosis. The FlowTriever System product is used for the treatment of pulmonary embolism, InThrill system to treat small vessel thrombosis, LimFlow system and others. Geographically, the company generates majority of its revenue from United States and rest from International markets.

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