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Expion360 (Expion360) Interest Expense : $-0.34 Mil (TTM As of Mar. 2024)


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What is Expion360 Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Expion360's interest expense for the three months ended in Mar. 2024 was $ -0.25 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-0.34 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. Expion360's Operating Income for the three months ended in Mar. 2024 was $ -1.97 Mil. Expion360's Interest Expense for the three months ended in Mar. 2024 was $ -0.25 Mil. Expion360 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.

Expion360 Interest Expense Historical Data

The historical data trend for Expion360'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.

Expion360 Interest Expense Chart

Expion360 Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
-0.10 -0.20 -0.55 -1.61 -0.13

Expion360 Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.04 -0.03 -0.03 -0.03 -0.25

Expion360 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 $-0.34 Mil.

* 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.

Expion360  (NAS:XPON) Interest Expense Explanation

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. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Expion360's Interest Expense for the three months ended in Mar. 2024 was $-0.25 Mil. Its Operating Income for the three months ended in Mar. 2024 was $-1.97 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $2.33 Mil.

Expion360's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Expion360 did not have earnings to cover the interest expense.

* 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.

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

Expion360 (Expion360) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Expion360 Inc (NAS:XPON) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
2025 SW Deerhound Avenue, Redmond, OR, USA, 97756
Website
https://www.expion360.com
Expion360 Inc is focused on the design, assembly, manufacturing and sales of lithium iron phosphate (LiFePO4) batteries and supporting accessories for recreational vehicles ("RV's") and marine applications with plans to expand into home energy storage products and industrial applications. Its product offerings include some of the minimal-footprint batteries in the RV & Marine industry.
Executives
John Henry Yozamp director, 10 percent owner, officer: Chief Executive Officer 2025 SW DEERHOUND AVE, REDMOND OR 97756
Tien Quoc Nguyen director 2025 SW DEERHOUND AVE., REDMOND OR 97756
Gregory Scott Aydelott officer: Chief Accounting Officer 2025 SW DEERHOUND AVE, REDMOND OR 97756
Paul Thomas Shoun director, officer: Chief Operating Officer 2025 SW DEERHOUND AVE, REDMOND OR 97756
Brian Paul Schaffner officer: Chief Financial Officer 2025 SW DEERHOUND AVE, REDMOND OR 97756
David Leigh Hendrickson director 2025 SW DEERHOUND AVE, REDMOND OR 97756
Steve Shum director 9025 SW HILLMAN COURT, SUITE 3126, WILSONVILLE OR 97070
George Lefevre director 18101 VON KARMAN AVENUE, SUITE 330, IRVINE CA 96212