Sofwave Medical (XTAE:SOFW) Interest Expense : ₪-0.3 Mil (TTM As of Dec. 2024)

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What is Sofwave Medical Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sofwave Medical's interest expense for the three months ended in Dec. 2024 was ₪ 3.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ₪-0.3 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. Sofwave Medical's Operating Income for the three months ended in Dec. 2024 was ₪ -0.3 Mil. Sofwave Medical's Interest Expense for the three months ended in Dec. 2024 was ₪ 3.1 Mil. Sofwave Medical 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.

Sofwave Medical Interest Expense Historical Data

The historical data trend for Sofwave Medical'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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Sofwave Medical Interest Expense Chart

Sofwave Medical Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

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-1.08

-1.27

-1.94

-0.52

-0.28

Sofwave Medical Quarterly Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Mar22	Jun22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Interest Expense	Get a 7-Day Free Trial											2.27	-1.06	-0.95	-1.35	3.08

Sofwave Medical 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 quarterly data reported by the company within the most recent 12 months, which was ₪-0.3 Mil.

Sofwave Medical (XTAE:SOFW) 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.

Sofwave Medical's Interest Expense for the three months ended in Dec. 2024 was ₪3.1 Mil. Its Operating Income for the three months ended in Dec. 2024 was ₪-0.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ₪2.8 Mil.

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

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

Sofwave Medical Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Sofwave Medical Ltd (XTAE:SOFW) » Definitions » Interest Expense

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SOFWF:USA

Address

Oak Medtech, Tavor, Alon Medtech Venture, Yokneam Illit, ISR, 2069200

Website

https://sofwave.com

Sofwave Medical Ltd is engaged in the development, marketing, and production of non-invasive technology for skin rejuvenation and firming treatment.

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