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Inter Industries Plus (XTAE:ININ) Interest Expense : ₪ Mil (TTM As of . 20)


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What is Inter Industries Plus Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Inter Industries Plus's interest expense for the three months ended in . 20 was ₪ 0.00 Mil. Inter Industries Plus does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in . 20.

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. Inter Industries Plus's Operating Income for the three months ended in . 20 was ₪ 0.00 Mil. Inter Industries Plus's Interest Expense for the three months ended in . 20 was ₪ 0.00 Mil. Inter Industries Plus 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.


Inter Industries Plus Interest Expense Historical Data

The historical data trend for Inter Industries Plus'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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Inter Industries Plus Interest Expense Chart

Inter Industries Plus Annual Data
Trend
Interest Expense

Inter Industries Plus Quarterly Data
Interest Expense

Inter Industries Plus Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.


Inter Industries Plus  (XTAE:ININ) 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.

Inter Industries Plus's Interest Expense for the three months ended in . 20 was ₪0.00 Mil. Its Operating Income for the three months ended in . 20 was ₪0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in . 20 was ₪0.00 Mil.

Inter Industries Plus's Interest Coverage for the quarter that ended in . 20 is calculated as

Inter Industries Plus had no long-term debt (1).

* 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.


Inter Industries Plus Business Description

Traded in Other Exchanges
N/A
Address
Tziporit Industrial Zone, Nazareth Illit, ISR, 171000
Inter Industries Plus Ltd is engaged in the manufacturing of high and low voltage power boards and overhead power lines. Also, the company provides installation of electro-mechanical systems, power supply, and lighting solutions.

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