HMS Networks AB (HMS Networks AB) Interest Expense : $-1.5 Mil (TTM As of Mar. 2024)

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What is HMS Networks AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. HMS Networks AB's interest expense for the three months ended in Mar. 2024 was $ 0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-1.5 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. HMS Networks AB's Operating Income for the three months ended in Mar. 2024 was $ 12.4 Mil. HMS Networks AB's Interest Expense for the three months ended in Mar. 2024 was $ 0.0 Mil. GuruFocus does not calculate HMS Networks AB'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.

HMS Networks AB Interest Expense Historical Data

The historical data trend for HMS Networks AB'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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HMS Networks AB Interest Expense Chart

HMS Networks AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-0.81

-0.79

-0.38

-0.58

-1.21

HMS Networks AB Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-	-0.65	-0.18	-0.64	-

HMS Networks AB 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 $-1.5 Mil.

HMS Networks AB (OTCPK:HMNKF) 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.

HMS Networks AB's Interest Expense for the three months ended in Mar. 2024 was $0.0 Mil. Its Operating Income for the three months ended in Mar. 2024 was $12.4 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $22.0 Mil.

HMS Networks AB's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

GuruFocus does not calculate HMS Networks AB's interest coverage with the available data.

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

HMS Networks AB (HMS Networks AB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » HMS Networks AB (OTCPK:HMNKF) » Definitions » Interest Expense

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HMS:Sweden 4H3A:Germany

Address

Stationsgatan 37, Box 4126, Halmstad, SWE, SE-300 04

Website

https://www.hms-networks.com

HMS Networks AB is a supplier of proprietary, patented technology for intelligent industrial communication. It develops and manufactures solutions for connecting industrial products to networks and gateways, thus enabling interconnection between various networks. The group sells products in various countries including Germany. It generates majority of its revenue from USA, Japan, France, China, Sweden, Italy, and other countries. The brands of the company are Anybus, Ewon, Intesis and Ixxat.

HMS Networks AB (HMS Networks AB) Headlines

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