XTI Aerospace (XTI Aerospace) Interest Expense : $ Mil (TTM As of Dec. 2023)

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What is XTI Aerospace Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. XTI Aerospace's interest expense for the six months ended in Dec. 2023 was $ 0.00 Mil. XTI Aerospace does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Dec. 2023.

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. XTI Aerospace's Operating Income for the six months ended in Dec. 2023 was $ 0.00 Mil. XTI Aerospace's Interest Expense for the six months ended in Dec. 2023 was $ 0.00 Mil. GuruFocus does not calculate XTI Aerospace's interest coverage with the available data. 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.

XTI Aerospace Interest Expense Historical Data

The historical data trend for XTI Aerospace'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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XTI Aerospace Interest Expense Chart

XTI Aerospace Annual Data

Trend

Dec21

Dec22

Dec23

Interest Expense

-0.69

-0.60

-4.73

XTI Aerospace Semi-Annual Data
	Dec21	Dec22	Dec23
Interest Expense	-0.69	-0.79	-

XTI Aerospace Interest Expense Calculation

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

XTI Aerospace (NAS:XTIA) 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.

XTI Aerospace's Interest Expense for the six months ended in Dec. 2023 was $0.00 Mil. Its Operating Income for the six months ended in Dec. 2023 was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was $0.14 Mil.

XTI Aerospace's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

GuruFocus does not calculate XTI Aerospace's interest coverage with the available data.

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

XTI Aerospace (XTI Aerospace) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » XTI Aerospace Inc (NAS:XTIA) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

7625 South Peoria Street, Suite D11, Englewood, CO, USA, 80112

Website

https://www.xtiaircraft.com

XTI Aerospace Inc is a development-stage aircraft manufacturer. XTI is developing a vertical takeoff and landing (VTOL) aircraft, the TriFan 600, which is a design-stage six-passenger aircraft that it anticipates will provide point-to-point air travel over distances of up to 700 miles while significantly reducing carbon emissions per mile compared to today's gasoline-powered jet aircraft and helicopters. The TriFan 600 is expected to have a wide usage ranging from private and commercial aviation services for businesses and high-net-worth individuals to emergency medical services (EMS).

XTI Aerospace (XTI Aerospace) Headlines

From GuruFocus

XTI Aerospace to Host Business Update Presentation on March 25, 2024 to Outline the Company's Corporate Strategy

By PRNewswire • 03-20-2024