UAVS (AgEagle Aerial Systems) Interest Expense : $-5.65 Mil (TTM As of Sep. 2024)

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What is AgEagle Aerial Systems Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. AgEagle Aerial Systems's interest expense for the three months ended in Sep. 2024 was $ -1.56 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was $-5.65 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. AgEagle Aerial Systems's Operating Income for the three months ended in Sep. 2024 was $ -1.86 Mil. AgEagle Aerial Systems's Interest Expense for the three months ended in Sep. 2024 was $ -1.56 Mil. AgEagle Aerial Systems 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.

AgEagle Aerial Systems Interest Expense Historical Data

The historical data trend for AgEagle Aerial Systems'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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AgEagle Aerial Systems Interest Expense Chart

AgEagle Aerial Systems Annual Data

Trend

Dec14

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Dec18

Dec19

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Dec23

Interest Expense

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-0.01

-0.06

-0.95

AgEagle Aerial Systems 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															-0.40	0.05	-3.79	-0.35	-1.56

AgEagle Aerial Systems 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 $-5.65 Mil.

AgEagle Aerial Systems (AMEX:UAVS) 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.

AgEagle Aerial Systems's Interest Expense for the three months ended in Sep. 2024 was $-1.56 Mil. Its Operating Income for the three months ended in Sep. 2024 was $-1.86 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was $2.30 Mil.

AgEagle Aerial Systems's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

AgEagle Aerial Systems did not have earnings to cover the interest expense.

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

AgEagle Aerial Systems Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » AgEagle Aerial Systems Inc (AMEX:UAVS) » Definitions » Interest Expense

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0A4B:UK

Address

8201 E. 34th Street North, Suite 1307, Wichita, KS, USA, 67226

Website

https://www.ageagle.com

AgEagle Aerial Systems Inc is actively engaged in designing and delivering best-in-class drones, sensors and software that solve important problems for its customers. It designs, produces, distributes, and supports technologically- advanced small unmanned aerial systems (UAVs) that it offers for sale commercially to the precision agriculture industry. Its segments include Drones, Sensors and Software-as-a-Service (SaaS). The company's majority revenue is derived primarily through the sales of drones and drone-related products.

Executives

Barrett Mooney	director, officer: Chairman and CEO	C/O AGEAGLE AERIAL SYSTEMS, INC., 8863 E. 34TH STREET NORTH, WICHITA KS 67226
Nicole M. Fernandez-mcgovern	officer: Chief Financial Officer	C/O AGEAGLE AERIAL SYSTEMS INC., 8863 E. 34TH STREET NORTH, WICHITA KS 67226
Kelly Anderson	director	C/O TOMI ENVIRONMENTAL SOLUTIONS, INC., 9454 WILSHIRE BLVD., R-1, BEVERLY HILLS CA 90212
Grant A Begley	director	420 ROYAL PALM WAY, SUITE 100, PALM BEACH FL 33480
Thomas J Gardner	director	C/O AGEAGLE AERIAL SYSTEMS, INC., 117 SOUTH 4TH STREET, NEODESHA KS 66757
Michael D O'sullivan	officer: Chief Commercial Officer	C/O AGEAGLE AERIAL SYSTEMS, INC., 8863 E. 34TH STREET NORTH, WICHITA KS 67226
Luisa Ingargiola	director	4826 BLUE JAY CIRCLE, PALM HARBOR FL 34683
Bret Chilcott	director, officer: CEO, President, Secretary	C/O AGEAGLE AERIAL SYSTEMS, INC., 117 SOUTH 4TH STREET, NEODESHA KS 66757
Michael Drozd	officer: Chief Executive Officer	117 S. 4TH STREET, NEODESHA KS 66757
Kull Corbett	director	C/O AGEAGLE AERIAL SYSTEMS, INC., 117 SOUTH 4 STREET, NEODESHA KS 66757
Louis G Schott	officer: Chief Financial Officer	4040 BROADWAY, SUITE 508, SAN ANTONIO TX 78209
Scott R Burell	director	6500 HARBOUR HEIGHTS PKWY #303, MUKILTEO WA 98275
Lindsay Katrina Edwards	director	C/O AGEAGLE AERIAL SYSTEMS, INC., 117 SOUTH 4TH STREET, NEODESHA KS 66757
Kent Roach	officer: Executive Vice President	4040 BROADWAY, SUITE 508, SAN ANTONIO TX 78209
David L Kunovic	officer: Vice President of Exploration	4040 BROADWAY, SUITE 508, SAN ANTONIO TX 78209