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Amiad Water Systems (XTAE:AMD) Interest Expense : ₪-4.7 Mil (TTM As of Sep. 2024)


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What is Amiad Water Systems Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Amiad Water Systems's interest expense for the three months ended in Sep. 2024 was ₪ -1.9 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ₪-4.7 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. Amiad Water Systems's Operating Income for the three months ended in Sep. 2024 was ₪ -5.5 Mil. Amiad Water Systems's Interest Expense for the three months ended in Sep. 2024 was ₪ -1.9 Mil. Amiad Water Systems 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.


Amiad Water Systems Interest Expense Historical Data

The historical data trend for Amiad Water Systems'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.

Amiad Water Systems Interest Expense Chart

Amiad Water Systems Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.31 -5.19 -3.95 -3.36 -9.35

Amiad Water Systems Quarterly Data
Dec18 Jun19 Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only -3.84 3.25 -3.35 -2.67 -1.92

Amiad Water Systems 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₪-4.7 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.


Amiad Water Systems  (XTAE:AMD) 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.

Amiad Water Systems's Interest Expense for the three months ended in Sep. 2024 was ₪-1.9 Mil. Its Operating Income for the three months ended in Sep. 2024 was ₪-5.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was ₪50.2 Mil.

Amiad Water Systems's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Amiad Water Systems 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.


Amiad Water Systems Business Description

Traded in Other Exchanges
N/A
Address
D.N. Galil Elyon 1, Kibbutz Amiad, ISR, 1233500
Amiad Water Systems Ltd is a producer and supplier of water filters and filtration systems. The company concentrates on automatic self-cleaning filters that require low maintenance and can be adapted to provide bespoke solutions to a wide range of applications in a number of industries, in addition to a variety of other applications in the irrigation market. Geographically, it has a presence in the Americas, Aisa-Pacific, and Europe, Middle East, and Africa.