Opsens (TSX:OPS) Interest Expense : C$-0.80 Mil (TTM As of Aug. 2023)

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What is Opsens Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Opsens's interest expense for the three months ended in Aug. 2023 was C$ -0.72 Mil. Its interest expense for the trailing twelve months (TTM) ended in Aug. 2023 was C$-0.80 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. Opsens's Operating Income for the three months ended in Aug. 2023 was C$ -1.52 Mil. Opsens's Interest Expense for the three months ended in Aug. 2023 was C$ -0.72 Mil. Opsens 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.

Opsens Interest Expense Historical Data

The historical data trend for Opsens'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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Opsens Interest Expense Chart

Opsens Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Interest Expense

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-0.35

-0.83

-0.75

-0.58

-0.72

Opsens Quarterly Data
	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23
Interest Expense	Get a 7-Day Free Trial															-0.27	-	-0.07	-0.01	-0.72

Opsens 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 Aug. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.80 Mil.

Opsens (TSX:OPS) 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.

Opsens's Interest Expense for the three months ended in Aug. 2023 was C$-0.72 Mil. Its Operating Income for the three months ended in Aug. 2023 was C$-1.52 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Aug. 2023 was C$8.22 Mil.

Opsens's Interest Coverage for the quarter that ended in Aug. 2023 is calculated as

Opsens did not have earnings to cover the interest expense.

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

Opsens (TSX:OPS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Opsens Inc (TSX:OPS) » Definitions » Interest Expense

Comparable Companies

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Address

750, Boulevard du Parc-Technologique, Quebec, QC, CAN, G1P 4S3

Website

https://www.opsens.com

OpSens Inc. is engaged in physiological measurements such as Fractional Flow Reserve (FFR) and Diastolic Pressure Ratio (dPR) in the coronary artery disease market and in transcatheter aortic valve replacement (TAVR) in the structural heart market. It operates in two segments that are Medical and Industrial. In Medical segment it supplies an optical-based pressure guidewire (OptoWire), a guidewire used in the TAVR procedure (SavvyWire) and a wide range of miniature optical sensors to measure pressure and temperature to be used in a wide range of applications that can be integrated into other medical devices. Industrial segment includes developing, manufacturing and installing fibre optic sensing solutions for industrial applications. Majority of its revenue is derived from Medical segment.

Executives

Alan Milinazzo	Director
Robin Villeneuve	Senior Officer
Fiera Capital Corporation (formerly Fiera Sceptre Inc.)	10% Security Holder

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