Genomtec (WAR:GMT) Interest Expense : zł-0.21 Mil (TTM As of Mar. 2024)

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What is Genomtec Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Genomtec's interest expense for the three months ended in Mar. 2024 was zł -0.02 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was zł-0.21 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. Genomtec's Operating Income for the three months ended in Mar. 2024 was zł -2.62 Mil. Genomtec's Interest Expense for the three months ended in Mar. 2024 was zł -0.02 Mil. Genomtec 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.

Genomtec Interest Expense Historical Data

The historical data trend for Genomtec'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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Genomtec Interest Expense Chart

Genomtec Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-0.02

-0.03

-0.20

-0.12

Genomtec Quarterly Data
	Dec18	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial												-0.02	-0.04	-0.12	-0.03	-0.02

Genomtec 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was zł-0.21 Mil.

Genomtec (WAR:GMT) 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.

Genomtec's Interest Expense for the three months ended in Mar. 2024 was zł-0.02 Mil. Its Operating Income for the three months ended in Mar. 2024 was zł-2.62 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was zł1.01 Mil.

Genomtec's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Genomtec did not have earnings to cover the interest expense.

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

Genomtec (WAR:GMT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Genomtec SA (WAR:GMT) » Definitions » Interest Expense

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4VI:Germany

Address

ul. Stab?owicka 147, PORT Building 2, Wroclaw, POL, 54-066

Website

http://www.genomtec.com

Genomtec SA is an innovative technology company which works in the area of ?? molecular diagnostics. It is a manufacturer of mobile molecular analyzers. The device are designed to identify pathogens including viruses, bacteria, and fungi by amplifying and detecting specific DNA and RNA fragments.

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