Tronics Microsystems (XPAR:ALTRO) Interest Expense : €-0.68 Mil (TTM As of Mar. 2024)

View and export this data going back to 2015. Start your Free Trial

What is Tronics Microsystems Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Tronics Microsystems's interest expense for the six months ended in Mar. 2024 was € -0.34 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-0.68 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. Tronics Microsystems's Operating Income for the six months ended in Mar. 2024 was € 0.72 Mil. Tronics Microsystems's Interest Expense for the six months ended in Mar. 2024 was € -0.34 Mil. Tronics Microsystems's Interest Coverage for the quarter that ended in Mar. 2024 was 2.15. 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.

Tronics Microsystems Interest Expense Historical Data

The historical data trend for Tronics Microsystems'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.

* Premium members only.

Tronics Microsystems Interest Expense Chart

Tronics Microsystems Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

Get a 7-Day Free Trial

-1.09

-0.72

-0.53

-0.35

-0.68

Tronics Microsystems Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Interest Expense	Get a 7-Day Free Trial															-0.27	-0.09	-0.26	-0.35	-0.34

Tronics Microsystems 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 semi-annually data reported by the company within the most recent 12 months, which was €-0.68 Mil.

Tronics Microsystems (XPAR:ALTRO) 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.

Tronics Microsystems's Interest Expense for the six months ended in Mar. 2024 was €-0.34 Mil. Its Operating Income for the six months ended in Mar. 2024 was €0.72 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2024 was €0.86 Mil.

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

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	0.723	/	-0.336
	=	2.15

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

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Tronics Microsystems interest coverage is 1.98, which is low.

Tronics Microsystems Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Tronics Microsystems (XPAR:ALTRO) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

98 rue du Pre de l'Horme, Crolles, Cedex, FRA, 38926

Website

https://www.tronicsgroup.com

Tronics Microsystems is a MEMS manufacturer. The company manufactures accelerometers, gyroscopes, micropumps, pressure sensors, switches, biodetectors, and other MEMS, as well as providing MEMS foundry and wafer fab manufacturing solutions. The products of the company are used in the aviation sector, medical sector, and oil & gas sector.

Tronics Microsystems Headlines

No Headlines