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Ballard Power Systems (XTER:PO0) Interest Expense : €-1.83 Mil (TTM As of Sep. 2024)


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What is Ballard Power Systems Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ballard Power Systems's interest expense for the three months ended in Sep. 2024 was € -0.53 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was €-1.83 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. Ballard Power Systems's Operating Income for the three months ended in Sep. 2024 was € -35.21 Mil. Ballard Power Systems's Interest Expense for the three months ended in Sep. 2024 was € -0.53 Mil. Ballard Power 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.

Ballard Power Systems Interest Expense Historical Data

The historical data trend for Ballard Power 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.

Ballard Power Systems Interest Expense Chart

Ballard Power 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 -1.59 -1.30 -1.37 -1.37 -1.11

Ballard Power Systems Quarterly Data
Dec19 Mar20 Jun20 Sep20 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 -0.27 -0.35 -0.40 -0.56 -0.53

Ballard Power 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 €-1.83 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.

Ballard Power Systems  (XTER:PO0) 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.

Ballard Power Systems's Interest Expense for the three months ended in Sep. 2024 was €-0.53 Mil. Its Operating Income for the three months ended in Sep. 2024 was €-35.21 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was €21.61 Mil.

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

Ballard Power 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.

Ballard Power Systems Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ballard Power Systems Inc (XTER:PO0) » Definitions » Interest Expense
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Traded in Other Exchanges
BLDP:USA 0QY5:UK PO0:Germany PO0:Germany BLDP:Canada PO0:Bulgaria
Address
9000 Glenlyon Parkway, Burnaby, BC, CAN, V5J 5J8
Website
https://www.ballard.com
Ballard Power Systems is a world leader in proton-exchange membrane fuel cells, power system development, and commercialization. The company's principal business is the design, development, manufacture, sale, and service of PEM fuel cell products for a variety of applications, focusing on power product markets of heavy-duty motive (bus, truck, rail, and marine applications), material handling, and stationary power generation. Sales are concentrated in the US, Europe, and China.

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