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Chicago Rivet & Machine Co (FRA:8CR) Interest Expense : €0.00 Mil (TTM As of Mar. 2024)


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What is Chicago Rivet & Machine Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Chicago Rivet & Machine Co's interest expense for the three months ended in Mar. 2024 was € 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €0.00 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. Chicago Rivet & Machine Co's Operating Income for the three months ended in Mar. 2024 was € -0.83 Mil. Chicago Rivet & Machine Co's Interest Expense for the three months ended in Mar. 2024 was € 0.00 Mil. Chicago Rivet & Machine Co has no long-term debt (1). 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.


Chicago Rivet & Machine Co Interest Expense Historical Data

The historical data trend for Chicago Rivet & Machine Co'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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Chicago Rivet & Machine Co Interest Expense Chart

Chicago Rivet & Machine Co Annual Data
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Interest Expense
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Chicago Rivet & Machine Co Quarterly Data
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Chicago Rivet & Machine Co 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €0.00 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.


Chicago Rivet & Machine Co  (FRA:8CR) 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.

Chicago Rivet & Machine Co's Interest Expense for the three months ended in Mar. 2024 was €0.00 Mil. Its Operating Income for the three months ended in Mar. 2024 was €-0.83 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €0.00 Mil.

Chicago Rivet & Machine Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Chicago Rivet & Machine Co 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.

Good Sign:

Chicago Rivet & Machine Co has no debt.


Chicago Rivet & Machine Co (FRA:8CR) Business Description

Traded in Other Exchanges
Address
901 Frontenac Road, Naperville, IL, USA, 60563
Chicago Rivet & Machine Co is in the fastener industry in North America. The company operates in two segments namely fasteners and assembly equipment. Its fastener segment consists of the manufacture and sale of rivets, cold-formed fasteners, parts, and screw machine products. The assembly equipment segment consists mainly of the manufacture of automatic rivet setting machines, automatic assembly equipment, and parts and tools for such machines. The majority of revenue is from the fastener segment. Geographically, the majority is from the United States.

Chicago Rivet & Machine Co (FRA:8CR) Headlines

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