Xaar (XAARF) Interest Expense : $-0.71 Mil (TTM As of Dec. 2023)

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What is Xaar Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Xaar's interest expense for the six months ended in Dec. 2023 was $ -0.41 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.71 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. Xaar's Operating Income for the six months ended in Dec. 2023 was $ 1.77 Mil. Xaar's Interest Expense for the six months ended in Dec. 2023 was $ -0.41 Mil. Xaar's Interest Coverage for the quarter that ended in Dec. 2023 was 4.27. 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.

Xaar Interest Expense Historical Data

The historical data trend for Xaar'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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Xaar Interest Expense Chart

Xaar Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-0.13

-0.11

-0.32

-0.55

-0.71

Xaar Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial															-0.26	-0.26	-0.29	-0.30	-0.41

Xaar 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-0.71 Mil.

Xaar (OTCPK:XAARF) 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.

Xaar's Interest Expense for the six months ended in Dec. 2023 was $-0.41 Mil. Its Operating Income for the six months ended in Dec. 2023 was $1.77 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was $8.73 Mil.

Xaar's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	1.768	/	-0.414
	=	4.27

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

Xaar (XAARF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Xaar PLC (OTCPK:XAARF) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

XARl:UK XAR.GB:UK XAR:UK XAR:Germany

Address

3950 Cambridge Research Park, Waterbeach, Cambridgeshire, GBR, CB25 9PE

Website

https://www.xaar.com

Xaar PLC is a digital inkjet technology company. The company manufactures piezoelectric drop-on-demand industrial inkjet printheads and ink systems. Its technology is used in a range of manufacturing applications, including graphics, labels, direct-to-shape packaging decoration, ceramic tiles, laminates, and outer case coding as well as printing with specialist functional fluids for manufacturing techniques. The Group's operations are reported under four operating segments: 'Printhead', 'Product Print Systems', 'Digital Imaging' and 'Ink Supply Systems'. The company has operations in Europe, Middle East, Africa, Asia, and the Americas. It generates revenues from product sales, commissions and fees, royalties, printhead, product print systems, and 3D printing.