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SES AI (SES AI) Interest Expense : $0.00 Mil (TTM As of Mar. 2024)


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What is SES AI Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. SES AI'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. SES AI's Operating Income for the three months ended in Mar. 2024 was $ -21.27 Mil. SES AI's Interest Expense for the three months ended in Mar. 2024 was $ 0.00 Mil. GuruFocus does not calculate SES AI'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.

SES AI Interest Expense Historical Data

The historical data trend for SES AI'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.

SES AI Interest Expense Chart

SES AI Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
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SES AI Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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SES AI 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.

SES AI  (NYSE:SES) 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.

SES AI'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 $-21.27 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $9.69 Mil.

SES AI's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

GuruFocus does not calculate SES AI's interest coverage with the available data.

* 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:

Ben Graham prefers companies' interest coverage to be at least 5. SES AI Corp has enough cash to cover all of its debt. Its financial situation is stable.

SES AI (SES AI) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » SES AI Corp (NYSE:SES) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
35 Cabot Road, Woburn, MA, USA, 01801
Website
https://www.ses.ai
SES AI Corp is engaged in the development and initial production of high-performance Lithium-Metal (Li-Metal) rechargeable battery technologies for electric vehicles (EVs), electric vehicle take-off and landing (eVTOL), and other applications. The company is an integrated Li-Metal battery manufacturer with capabilities in material, cell, module, AI-powered safety algorithms, and recycling.
Executives
Jing Nealis officer: Chief Financial Officer 1, ROBINSON ROAD, #18-00 AIA TOWER, SINGAPORE U0 048542
Rohit Makharia officer: Pres. & Chief Op. Officer 1, ROBINSON ROAD, #18-00 AIA TOWER, SINGAPORE U0 048542
Hong Gan officer: Chief Science Officer 1, ROBINSON ROAD, #18-00 AIA TOWER, SINGAPORE U0 048542
Anirvan Coomer director 35 CABOT ROAD, WOBURN MA 01801
Yongkyu Son officer: Chief Technology Officer 1, ROBINSON ROAD, #18-00 AIA TOWER, SINGAPORE U0 048542
Kyle Pilkington officer: Chief Legal Officer 35 CABOT ROAD, WOBURN MA 01801
Qichao Hu director, 10 percent owner, officer: CEO & Chairman 1, ROBINSON ROAD, #18-00 AIA TOWER, SINGAPORE U0 048542
Gang Li officer: Chief Manufacturing Officer 35 CABOT ROAD, WOBURN MA 01801
Tianqi Lithium Hk Co., Ltd. 10 percent owner NO. 10 EAST GAOPENG ROAD, CHENGDU, SICHUAN F4 610041
Joanne Ban officer: Chief Legal & Corp. Officer 1, ROBINSON ROAD, #18-00 AIA TOWER, SINGAPORE U0 048542
Robert M Friedland director 150 BEACH ROAD #25-03, THE GATEWAY WEST, SINGAPORE U0 189720
Temasek Holdings (private) Ltd 10 percent owner 60B ORCHARD ROAD #06-18 TOWER 2, THE ATRIUM@ORCHARD, SINGAPORE U0 238891
Tembusu Capital Pte. Ltd. 10 percent owner 60B ORCHARD ROAD #06-18, THE ATRIUM@ORCHARD, SINGAPORE U0 238891
Sk Inc. 10 percent owner 26, JONG-RO, JONGNO-GU, SEOUL M5 03188
Jangwook Choi director 1, ROBINSON ROAD, #18-00 AIA TOWER, SINGAPORE U0 048542