Power Solutions International (Power Solutions International) Interest Expense : $-15.8 Mil (TTM As of Mar. 2024)

View and export this data going back to 1995. Start your Free Trial

What is Power Solutions International Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Power Solutions International's interest expense for the three months ended in Mar. 2024 was $ -3.3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-15.8 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. Power Solutions International's Operating Income for the three months ended in Mar. 2024 was $ 10.7 Mil. Power Solutions International's Interest Expense for the three months ended in Mar. 2024 was $ -3.3 Mil. Power Solutions International's Interest Coverage for the quarter that ended in Mar. 2024 was 3.19. 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.

Power Solutions International Interest Expense Historical Data

The historical data trend for Power Solutions International'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.

Power Solutions International Interest Expense Chart

Power Solutions International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-7.87

-5.71

-7.31

-13.03

-17.07

Power Solutions International 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															-4.67	-4.65	-4.16	-3.60	-3.35

Power Solutions International 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 $-15.8 Mil.

Power Solutions International (OTCPK:PSIX) 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.

Power Solutions International's Interest Expense for the three months ended in Mar. 2024 was $-3.3 Mil. Its Operating Income for the three months ended in Mar. 2024 was $10.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $24.2 Mil.

Power Solutions International's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	10.662	/	-3.346
	=	3.19

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

Power Solutions International (Power Solutions International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Power Solutions International Inc (OTCPK:PSIX) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

201 Mittel Drive, Wood Dale, IL, USA, 60191

Website

https://www.psiengines.com

Power Solutions International Inc is an America-based company that manufactures, distributes, and services power systems that primarily run on nondiesel fuels, including natural gas, propane, and gasoline. The company's products are designed to meet emission standards imposed by environmental regulatory bodies like the Environmental Protection Agency. Its products are distributed to a wide range of industrial original equipment manufacturers that supply equipment to sectors including power generation, oil and gas, material handling, airport ground support, agricultural, turf, construction, and irrigation. The company generates most of its sales from United States.

Executives

Gary S Winemaster	director, 10 percent owner, officer: See Remarks	231 EAST COLONIAL DRIVE, VERNON HILLS IL 60061
Fuzhang Yu	director	201 MITTEL DRIVE, WOOD DALE IL 60191
Neil Gagnon	10 percent owner	1370 AVENUE OF THE AMERICAS, 24TH FLOOR, NEW YORK NY 10019
Jiwen Zhang	director	201 MITTEL DRIVE, WOOD DALE IL 60191
Gengsheng Zhang	director	201 MITTEL DRIVE, WOOD DALE IL 60191
Xun Li	officer: Chief Financial Officer	201 MITTEL DRIVE, WOOD DALE IL 60191
Junhua Gu	officer: See Remarks	201 MITTEL DRIVE, WOOD DALE IL 60191
Matthew Joseph Thomas	officer: See Remarks	201 MITTEL DRIVE, WOOD DALE IL 60191
Fabrizio Mozzi	director	201 MITTEL DRIVE, WOOD DALE IL 60191
Lei Lei	director	201 MITTEL DRIVE, WOOD DALE IL 60191
Xykis Constantine	officer: Chief Technology Officer	201 MITTEL DRIVE, WOOD DALE IL 60191
Sidong Shao	director	C/O 200 WEST MITTEL DRIVE, WOOD DALE IL 60191
Xinghao Li	director	C/O 200 WEST MITTEL DRIVE, WOOD DALE IL 60191
Hong He	director	201 MITTEL DRIVE, WOOD DALE IL 60191
Lance Michael Arnett	officer: Chief Commercial Officer	201 MITTEL DRIVE, WOOD DALE IL 60191