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Electreon Wireless (XTAE:ELWS) Interest Expense : ₪-1.25 Mil (TTM As of Mar. 2024)


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What is Electreon Wireless Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Electreon Wireless's interest expense for the three months ended in Mar. 2024 was ₪ -1.04 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₪-1.25 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. Electreon Wireless's Operating Income for the three months ended in Mar. 2024 was ₪ -18.03 Mil. Electreon Wireless's Interest Expense for the three months ended in Mar. 2024 was ₪ -1.04 Mil. Electreon Wireless 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.

Electreon Wireless Interest Expense Historical Data

The historical data trend for Electreon Wireless'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.

Electreon Wireless Interest Expense Chart

Electreon Wireless 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 -0.11 -0.19 -0.22 -0.50 -0.46

Electreon Wireless Quarterly Data
Dec18 Jun19 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 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 -0.10 - -0.10 -0.11 -1.04

Electreon Wireless 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 ₪-1.25 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.

Electreon Wireless  (XTAE:ELWS) 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.

Electreon Wireless's Interest Expense for the three months ended in Mar. 2024 was ₪-1.04 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₪-18.03 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₪3.69 Mil.

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

Electreon Wireless 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.

Electreon Wireless (XTAE:ELWS) Business Description

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ELWSF:USA
Address
Hadasa Neurim Youth Village, Beit Yanai, ISR, 4029800
Website
https://www.electreon.com
Electreon Wireless Ltd is engaged in developing smart road technology designed for wireless charging solutions for electric vehicles (EVs). The company delivers cost-effective, end-to-end charging infrastructure and services. It also includes dynamic charging wireless Electric Roads, to fleet operators through flexible business models accelerating electric vehicle adoption.