Tobii AB (Tobii AB) Interest Expense : $-1.40 Mil (TTM As of Sep. 2023)

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What is Tobii AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Tobii AB's interest expense for the three months ended in Sep. 2023 was $ -0.54 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was $-1.40 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. Tobii AB's Operating Income for the three months ended in Sep. 2023 was $ -6.23 Mil. Tobii AB's Interest Expense for the three months ended in Sep. 2023 was $ -0.54 Mil. Tobii AB 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.

Tobii AB Interest Expense Historical Data

The historical data trend for Tobii AB'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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Tobii AB Interest Expense Chart

Tobii AB Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Interest Expense

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-0.02

-2.48

-1.44

-1.76

-0.58

Tobii AB Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Interest Expense	Get a 7-Day Free Trial															-	-0.29	-0.38	-0.19	-0.54

Tobii AB 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.40 Mil.

Tobii AB (OTCPK:TBIIF) 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.

Tobii AB's Interest Expense for the three months ended in Sep. 2023 was $-0.54 Mil. Its Operating Income for the three months ended in Sep. 2023 was $-6.23 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was $5.59 Mil.

Tobii AB's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Tobii AB did not have earnings to cover the interest expense.

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

Tobii AB (Tobii AB) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Tobii AB (OTCPK:TBIIF) » Definitions » Interest Expense

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TOBII:Sweden 0R6W:UK 24T:Germany

Address

Karlsrovagen 2D, Danderyd, SWE, S-182 53

Website

https://www.tobii.com

Tobii AB, along with its subsidiaries, provides eye-tracking solutions. The group comprises three business units: Tobii Dynavox, Tobii Pro and Tobii Tech. Tobii Dynavox provides assistive technology for communication. Tobii Pro is a provider of eye-tracking solutions and services to study human behavior. Tobii Tech provides eye-tracking components and platforms. Business operations of the company are functioned through Sweden, Europe, the USA, Asia/Oceania, and Other countries. It derives a majority of revenue from the USA.