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TNLX (Trans-Lux) Interest Expense : $-0.49 Mil (TTM As of Sep. 2024)


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What is Trans-Lux Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Trans-Lux's interest expense for the three months ended in Sep. 2024 was $ -0.29 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was $-0.49 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. Trans-Lux's Operating Income for the three months ended in Sep. 2024 was $ -0.71 Mil. Trans-Lux's Interest Expense for the three months ended in Sep. 2024 was $ -0.29 Mil. Trans-Lux 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.


Trans-Lux Interest Expense Historical Data

The historical data trend for Trans-Lux'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.

Trans-Lux Interest Expense Chart

Trans-Lux 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 -0.50 -0.43 -0.58 -0.41 -0.70

Trans-Lux 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 -0.32 0.22 -0.27 -0.15 -0.29

Trans-Lux 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 $-0.49 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.


Trans-Lux  (OTCPK:TNLX) 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.

Trans-Lux's Interest Expense for the three months ended in Sep. 2024 was $-0.29 Mil. Its Operating Income for the three months ended in Sep. 2024 was $-0.71 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was $1.87 Mil.

Trans-Lux's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Trans-Lux 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.


Trans-Lux Business Description

Traded in Other Exchanges
N/A
Address
254 West 31st Street, 13th Floor, New York, NY, USA, 10001
Trans-Lux Corp is engaged in the design, manufacture, market, and services of light-emitting diode display and lighting solutions. The company operates through two segments, namely Digital product sales and Digital product lease and maintenance. Its Digital product sales segment is involved in the sale of equipment. The Digital product lease and maintenance segment is comprised of the lease and maintenance of equipment. Digital product sales contribute to the majority of the revenue. It serves various sectors such as sports arenas and stadiums, financial institutions, educational institutions, advertising, corporate and government communication centers, retail outlets, and others.
Executives
Durkin Thomas E Iii officer: EVP & General Counsel
Yantao Yu director C/O TRANS-LUX CORPORATION, 135 EAST 57TH STREET, 14TH FLOOR, NEW YORK NY 10022
Nicholas J Fazio director, 10 percent owner C/O TRANS-LUX CORPORATION, 135 EAST 57TH STREET, 14TH FLOOR, NEW YORK NY 10022
Unilumin North America, Inc. 10 percent owner C/O UNILUMIN LED TECHNOLOGY FL LLC, 254 WEST 31ST STREET, NEW YORK NY 10001
Trans Lux Corp officer: Vice President 135 EAST 57TH STREET, 14TH FLOOR, NEW YORK NY 10022
Todd Dupee officer: Vice President 216 EAST 36TH ST, APT 2R, NEW YORK NY 10016
George W Schiele director 19 HILL ROAD, GREENWICH CT 06830
David Pavlik officer: President of TL Energy 3301 N HAMILTON AVE, CHICAGO IL 60618
Marco M Elser director VIA SISTINA 121, ROME L6 00187
Ryan J. Morris director 531 E. STATE ST., ITHACA NY 14850
Yaozhong Shi director 950 THIRD AVENUE, SUITE 2804, NEW YORK NY 10022
David Joseph Osher officer: Chief Operating Officer 950 THIRD AVE SUITE 2804, NEW YORK NY 10022
Robert J Conologue officer: Chief Financial Officer 216 LEROY AVENUE, DARIEN CT 06820
Alberto Shaio director
Alan K Greene director

Trans-Lux Headlines

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