Solar Innovation (WAR:SIN) Interest Expense : zł-0.07 Mil (TTM As of Mar. 2024)

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What is Solar Innovation Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Solar Innovation's interest expense for the three months ended in Mar. 2024 was zł -0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was zł-0.07 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. Solar Innovation's Operating Income for the three months ended in Mar. 2024 was zł -0.02 Mil. Solar Innovation's Interest Expense for the three months ended in Mar. 2024 was zł -0.00 Mil. Solar Innovation 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.

Solar Innovation Interest Expense Historical Data

The historical data trend for Solar Innovation'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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Solar Innovation Interest Expense Chart

Solar Innovation Annual Data

Trend

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Interest Expense

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-0.07

-0.05

-0.03

-0.05

-0.07

Solar Innovation Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-	-	-0.06	-0.01	-

Solar Innovation 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-0.07 Mil.

Solar Innovation (WAR:SIN) 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.

Solar Innovation's Interest Expense for the three months ended in Mar. 2024 was zł-0.00 Mil. Its Operating Income for the three months ended in Mar. 2024 was zł-0.02 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was zł0.00 Mil.

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

Solar Innovation did not have earnings to cover the interest expense.

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

Solar Innovation (WAR:SIN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Solar Innovation SA (WAR:SIN) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

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Address

Ulica Wadowicka 12, Krakow, POL, 30-415

Website

http://www.tableo.pl

Solar Innovation SA formerly Ciasteczka z Krakowa SA produces and markets food products in Poland. The company offers Shortbread cookies, Stuffed cookies, French cookies, Gingerbread cookies, Stuffed muffins, Chocolates and Translated wafers, among others.

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