Phinergy (XTAE:PNRG) Interest Expense : ₪-4.26 Mil (TTM As of Dec. 2024)

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What is Phinergy Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Phinergy's interest expense for the six months ended in Dec. 2024 was ₪ -1.08 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ₪-4.26 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. Phinergy's Operating Income for the six months ended in Dec. 2024 was ₪ -24.11 Mil. Phinergy's Interest Expense for the six months ended in Dec. 2024 was ₪ -1.08 Mil. Phinergy 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.

Phinergy Interest Expense Historical Data

The historical data trend for Phinergy'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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Phinergy Interest Expense Chart

Phinergy Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

-3.82

-2.41

-2.53

-4.09

-4.26

Phinergy Semi-Annual Data
	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Interest Expense	Get a 7-Day Free Trial					0.75	-2.39	-1.70	-3.18	-1.08

Phinergy 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 Dec. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₪-4.26 Mil.

Phinergy (XTAE:PNRG) 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.

Phinergy's Interest Expense for the six months ended in Dec. 2024 was ₪-1.08 Mil. Its Operating Income for the six months ended in Dec. 2024 was ₪-24.11 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was ₪8.19 Mil.

Phinergy's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Phinergy did not have earnings to cover the interest expense.

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

Phinergy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Phinergy Ltd (XTAE:PNRG) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

Yodfat 2, E.T. North, Lod, ISR, 7129104

Website

https://www.phinergy.com

Phinergy Ltd is a developer of clean and high energy-density systems based on metal-air technology. With its aluminium-air battery, the company has developed a way to generate electricity using aluminium as an energy source. The solutions offered by the company include Energy Back up, Energy Storage, and Electric Transportation.